BP
BP plc ADR (NYSE: BP) was rocked by allegations that former chairman Albert Manifold was drawing up plans...
Article Summary
HOLD- BP plc ADR (NYSE: BP) was rocked by allegations that former chairman Albert Manifold was drawing up plans to remove senior independent director Dame Amanda Blanc before he was dramatically ousted amid accusations of bullying.
- The former BP chairman wanted to introduce strict six-year term limits on board directors as part of major shake-up of corporate governance, with Dame Amanda and Johannes Teyssen among two non-executive directors earmarked for departure.
- The moves would have cut BP's board from 10 to eight members, potentially raising questions over independence and cost-cutting.
- BP plc ADR this weekend said no discussion of board reforms was scheduled, emphasising that the board was never presented with his plans and there had been serious allegations against him.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 4.3% | 25% | 20.0 ptsMinimal (4.3%) - Very weak |
| EPS Growth Next 5Y ? | 9.6% | 25% | 20.0 ptsWeak (9.6%) - Low expectations |
| Target Price Upside ? | 11.2% | 20% | 50.0 ptsMeets Minimum (11.2%) - Target: $48.71 vs Current: $43.82 |
| Gross Margin % ? | 19.1% | 15% | 20.0 ptsThin (19.1%) - Low-margin business |
| Drawdown from 52-Wk High ? | -9.2% | 15% | 20.0 ptsBarely a Dip (-9.2%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About BP
- BP p.l.c., an integrated energy company, engages in the oil and gas business worldwide.
- The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments.
- It engages in the production of natural gas, marketing, and trading activities, as well as solar, wind, and hydrogen businesses.
- The company also offers aviation fuel products and services, such as jet fuel; aviation gasoline; UL91 aviation fuel; and sustainable aviation fuel.
- In addition, it engages in the convenience and retail fuel; EV charging; Castrol lubricants and fluids; B2B; midstream; crude oil production; refining and oil trading; and bioenergy businesses.
- The company was founded in 1908 and is headquartered in London, the United Kingdom.