Utilities

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ARTICLES

BP Presents Upstream Strategy to Investors that Includes $1 Billion in Restructuring Charges

BP (NYSE: BP) was scheduled to present its strategy and plans for its Upstream oil and gas business. The day-long presentation, led by BP’s Upstream chief executive Lamar McKay, will provide an in-depth and detailed account of how BP is managing its Upstream business and its distinctive strategy for the long term. The presentation will also review the macro-environment and the context of recent developments in oil prices. McKay and senior members of his upstream management team will share further insights into the depth and quality of the Group’s resource base and investment portfolio, which underpin BP’s long-term value proposition through the changes in the price environment.
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It may get harder for this stock pick to keep earnings growing.

Sale Recommendation - November 2014

This value stock has performed well in recent months, but we recommend selling now to lock in stock profit.
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Free Report

George Putnam has suceessfully invested in distressed companies for nearly 30 years and The Turnaround Letter's market-beating returns demonstrate the profit potential. He knows all the pitfalls, too--which he shares in this free report!

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stock market advice

Distressed Investing Blog

Distressed Investing Blog

2015 Sale Recommendations Gain 69%

10 of 2015's 12 sale recommendations have seen profits. Four of those stocks--GLW, WEN, FCH and BLDR--enjoyed total returns of 100% or higher, and our readers locked in an average gain of 69% with this year's closed out stock picks. Read More.

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2015 Stock Profit

George Putnam's Turnaround Letter has seen considerable stock profit in 2015: 10 of this year's 12 sale recommendations have seen increases.

Four of those enjoyed total returns of 100% or higher--and 2015's closed out stock picks have realized an average gain of 69% thus far.

 

2015 Stock Picks

 

Value Stock Profit