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  • BP Shares Near £6 While Balancing Old Oil and Energy Transition
    June 13, 2026, 12:00 PM EDT. BP's share price surged nearly 24% in 2026, hitting a 16-year high above £6 amid rising crude oil prices. The company plans to boost oil and gas spending to $10 billion by 2027, scaling back renewable investments to $1.5-$2 billion annually. BP aims to increase oil output by 2030, conflicting with UK government's net-zero goals. The current £83.6 billion market cap stock offers a 4.54% dividend yield, with analysts targeting a 13.3% upside to £6.29. CEO Murray Auchincloss signals selective investments in energy transition, raising concerns about BP's focus shifting back to fossil fuels. Investors should weigh oil price volatility and policy risks impacting BP's energy future.

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Annaly Capital Stock Holds Near $22 After Dividend Hike as Investors Eye Fed Rate Catalyst

Annaly Capital Stock Holds Near $22 After Dividend Hike as Investors Eye Fed Rate Catalyst

13 June 2026
Annaly Capital Management hiked its quarterly dividend to $0.75 per share, boosting its annualized yield to about 13.6% at Friday’s $22.00 close; shares finished nearly flat as investors weighed the higher payout against ongoing interest rate and mortgage market risks, with analyst consensus showing a “Moderate Buy” and an average 12-month price target of $24.22.
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