The appointment of a man regarded by many as the chief architect of his predecessor s muddled strategy appears as unimpressive as BP s recent share price performance.
Investors are getting impatient with BP over the lack of updates in appointing a successor following Bernard Looney s exit. Things may not change well into 2024.
Both BP (LON: BP) and Shell (LON: SHEL) appear to be focused on enhanced shareholder returns over the near-term. So what should investors expect as 2024 approaches?