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BP avoids 'no-regret' action

BP's recent acquisition spree will boost production and earnings this year but this strategy could hamper the major further down the line
May 1, 2019

Boston Consulting Group (BCG) has laid out a compelling path for oil and gas companies who want to stay relevant in a new report. With the firm’s self-interest in mind (who better to help companies navigate this difficult time?), its analysts say a giant leap is needed in terms of clean energy investment, internal emissions, data transparency and expectations on returns as oil supply overtakes demand.

IC TIP: Sell at 557p
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