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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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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Distressed Investing Blog

Distressed Investing Blog

Post-Bankruptcy Investing & Chapter 22s: Iconic Branding Alone is Not Enough

The key to evaluating troubled companies with strong brands is figuring out the cause of their difficulty and determining if it can be fixed. In many cases, the company will have taken on too much debt but will still have a strong core business. Read More.

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