BP PLC
BP.: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|#> | LOCK|C& | LOCK|q$&LZt! |
BP Earnings: Results Disappoint, but Management Announces Upcoming Strategy Reset
Fourth-quarter earnings fell short of market expectations, but debt levels fell from the third quarter and BP kept its quarterly repurchase rate constant at $1.75 billion. Management announced plans to "fundamentally reset" their strategy at the upcoming capital markets day.
