BP (NYSE: BP) reported results for the second quarter of 2015. Underlying replacement cost profit for the quarter was $1.3 billion, compared with $2.6 billion for the previous quarter and $3.6 billion for the second quarter of 2014.
BP (NYSE: BP) reported its results for the fourth quarter and full-year 2014. Underlying replacement cost profit for the fourth quarter was $2.2 billion compared with $2.8 billion for the same period in 2013.
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.
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!
With all the volatility in the stock market this year, many investors probably find themselves holding some stocks in which they have sizable losses. By selling those losers, you can use the losses to offset taxable gains that you may have realized during the year.
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2015 Stock Profit
George Putnam's Turnaround Letter has enjoyed market-beating returns for nearly 30 years now and 2015 is no different: 10 of this year's 12 sale recommendations have seen increases--with four of those 100% or higher. Despite recent stock market turbulence, 2015's closed out stock picks have realized an average gain of 69% thus far.
The chart below reflects The Turnaround Letter's past five sale recommendations.