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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 |
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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