Big news about BP, a giant oil company! They're facing some tough times. Their stock prices have gone down, and an investor group wants them to change things.
- BP's profits are expected to be lower this year.
- They're cutting jobs to save money.
- They're also selling some parts of their business.
- BP is trying to become more environmentally friendly, but it's a slow process.
Thing | Number |
---|---|
Expected 4th Quarter 2024 Profit | $1.2 billion |
Job Cuts | Nearly 8,000 |
Stock Price Change (Last 12 months) | Down 9.3% |
BP's new boss will explain their plan on February 26th. It will be interesting to see what happens next!