BP pledges reset as annual profit dips below $9 billion
BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in annual profits, missing analysts' expectations. The drop in profit to $8.9 ...
BP boss vows to ‘reset’ strategy after annual profits slump
The FTSE 100 firm reported a 36% drop in profits to £7 billion, as speculation grows that it will turn away from renewables ...
BP Teases Fundamental Reset of Strategy to Boost Returns and Cash
BP (NYSE: BP) on Tuesday pledged to fundamentally reset its strategy as it booked its lowest annual and quarterly profits in years and seeks to push up its stock performance and regain investor trust.