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One Reason to Hold BP Stock in 2016

By , Associate Editor, Money Morning • @AlexMcGuire92 -

bp stock

BP Plc. (NYSE ADR: BP) reported its worst loss ever on Tuesday, Feb. 2.

Although the BP stock price crashed 8.5% on the day of the earnings release, now isn't the time to sell your position.

In fact, there's one big reason to hold onto your shares of BP stock this year...

BP Stock Price Today Up After $20 Billion Oil Spill Settlement (NYSE: BP)

By , Associate Editor, Money Morning • @AlexMcGuire92 -

bp stock

The BP stock price today jumped higher after the Department of Justice announced the firm will pay a settlement for the 2010 oil spill.

Shares of the oil giant have rallied 15.5% over the last week alone.

With all of this in mind, investors want to know if now is a good time to buy BP stock…

BP Stock Price Gets Help from Downstream Operations

By , Associate Editor, Money Morning • @AlexMcGuire92 -

bp stock price

BP Plc. (NYSE ADR: BP) reported Q1 earnings before market open today (Tuesday).

Its earnings fell short of analyst expectations - but the downstream operations were the silver lining in the report.

Here's why BP's downstream sector turned a profit despite the company's overall bearish report...

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