Predict what’s about to occur now that a low price environment and halfhearted improvement initiatives are about to collide.
Will the market reward or punish current leadership?
7 replies (most recent on top)
This low price environment we are barreling towards is going to be a very challenging time as geopolitical tensions have not eased and the economy is actually showing signs of shrinking. Political uncertainty is starting to creep in the USA and Europe. BP is demonstrating no ability to pivot or hedge for what’s about to happen. Same leadership saying the same things expecting better results.
@a9. was meant to be funny. i wouldn't trust a bP exec to watch my pet goldfish
@a7 since when do you trust or believe bp leadership?
@a7 $40 a bbl would make bp market capitalization around $66.66 Billion a perfect price.
i recall execs claiming bP was ok with 40/bbl oil
bp stock going back to $30.66 very quickly. Also, in less than 2 years the depletion of bp reserves without line of sight for replenishment will create one of those company defining moments. MO wants to defer this realization but, it’s inevitable. That’s the reason bp is still on MA timeline…
Predict a 66 slide PowerPoint presentation with cute and colorful slides. That is forgotten and not actionable. Also some new jargon or word salad invented by the management consultant class..