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BP BP Plc

38.69
-0.78 (-1.98%)
After Hours
Last Updated: 23:52:54
Delayed by 15 minutes
Name Symbol Market Type
BP Plc NYSE:BP NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.78 -1.98% 38.69 39.66 38.73 39.59 12,080,721 23:52:54

Investors Look for Signs from BP's New Downstream Chief -- Market Talk

24/07/2014 3:18pm

Dow Jones News


BP (NYSE:BP)
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BP's downstream chief, Iain Conn, will leave the oil giant later this year. The 29-year BP veteran, who spent recent years trying to boost BP's downstream profits during a dismal time for the refining industry, leaves two significant legacies, says Bernstein analyst Oswald Clint: BP's newly upgraded refinery in Whiting, Indiana, and a new focus on BP's once-low-profile lubricants business. Now, investors are hoping his replacement -- onetime lubricants chief Tufan Erginbilgic -- will be able to find new ways to boost refining margins. (Justin.Scheck@WSJ.COM)

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