Today: 20 March 2026
Browse Category

NYSE:FTI 6 January 2026

BP stock watch: Tiber contract, buyback and oil slide put BP PLC shares in focus

BP stock watch: Tiber contract, buyback and oil slide put BP PLC shares in focus

BP shares closed down 0.6% at 435.25 pence Monday before the London open, after TechnipFMC announced a $600 million-$800 million contract for BP’s Tiber deepwater project. BP bought 3 million shares Jan. 5 as part of its buyback program. Brent crude slipped 0.2% to $61.62 a barrel early Tuesday. BP’s Venezuela gas plans remain stalled after a U.S. licence revocation.

Stock Market Today

  • JD Wetherspoon Shares Drop 10% Amid Earnings Warning but Show Strong Sales Growth
    March 20, 2026, 12:52 PM EDT. JD Wetherspoon's (LSE:JDW) share price fell about 10% after the mid-year results for the 26 weeks ended Jan 25 revealed a 32.7% drop in earnings per share (EPS) to 18.7p. The company cited pressure from higher taxes, wages, and energy costs, warning profits may fall below market expectations. Despite this, like-for-like sales rose 4.8%, and revenue increased 5.7%. The pub chain outperformed the industry for the 42nd consecutive month with 3.2% sales growth, and its shares now trade at a price-to-earnings ratio of 10.8, below its five-year average of 15.3. Chairman Tim Martin highlighted rising operational costs but stopped short of confirming a full-year profit decline, suggesting the price dip might be an overreaction.
Go toTop