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BP's Strategic Shift a Step in Right Direction, but Lowering Fair Value Estimate on Lower Oil PricesBP’s latest plan is to return 30%-40% of cash flow to shareholders and grow the dividend by 4% per year. This payout ratio is in line with that of most European integrated oil peers. Its latest ...
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...
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