Report
Ahmed Ben Salem

BP : c Solid cash generation and returns

>Solid demand for oil for the time being, but risks to supply are emerging - We had a meeting with Craig Marshall, SVP & Head of IR at BP. With regards to the macroeconomic environment, he said that demand remained solid for the time being with stocks still below their pre-Covid levels. This is the case despite the risks around the possible destruction of demand in the wake of rising oil prices, recession and the increase in interest rates and the dollar as well as t...
Underlying
BP p.l.c.

BP is an integrated oil and gas group based in the United Kingdom. Co. is engaged in the exploration and production of crude oil and natural gas; refining, marketing, supply and transportation; and the manufacture and marketing of petrochemicals. Co. operates globally, with business activities in Europe, the U.S., Canada, Russia, South America, Australasia, Asia and parts of Africa. Co. operates in two business segments: Exploration and Production - including oil and natural gas exploration and development and production; and Refining and Marketing- activities include the refining, manufacturing, supply and trading, marketing and transportation of crude oil, petroleum and petrochemicals.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Ahmed Ben Salem

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