BP p.l.c. Common Stock (BP)

While Dow Jones futures surged 0.24% at the time of writing, the S&P 500 futures gained 0.36%.

Shell said it has no plans to acquire BP, rejecting media reports and confirming no talks have occurred under the UK Takeover Code's Rule 2.8.

Wall Street Edges Closer to Records While Volatility Looms in the Background

Renowned television host Jim Cramer is cheering a potential mega merger between energy giants Shell PLC (NYSE: SHEL) and BP PLC (NYSE: BP), seeing it as a catalyst for a broader surge in deal-making activity.

On Wednesday, major U.S. indices ended the day mixed, with the Nasdaq rising 0.3% to 19,973.55

Tech stocks climbed to new highs early Wednesday, with the Nasdaq 100 briefly touching 22,329 points after the opening bell, surpassing its previous peak from February 19.

According a report by The Wall Street Journal, discussions between Shell and BP are progressing slowly and remain preliminary, with no guarantee of a deal.

Shell is in early talks to acquire its rival BP, sending BP shares soaring. The landmark deal could combine two energy supermajors, but faces significant regulatory hurdles globally.

Energy stocks, with BP among the leaders, are trading higher Friday. Crude oil prices head for their strongest weekly rally since October 2022.

BP advances development in Azerbaijan with $2.9B project for Shah Deniz gas field and gains access to new exploration blocks during Baku Energy Week.

BP confirms successful gas production at Mento development in Trinidad & Tobago through secure connection of initial well. Drilling campaign for remaining wells to begin. Joint venture with EOG Resources.

Stocks had a strong week on a potential U.S.-China trade deal and cooler inflation data, but volatility may remain as investors shift focus to tax cuts

There is a new potential bidding war for BP going on, as the broader oil industry seems to be headed to a cyclically low valuation.

Marjorie Taylor Greene disclosed buying more than 50 stocks in early May. A look at the list and why the congresswoman's past trades have drawn red flags.

BP shares are trading higher Monday following a report suggesting Shell is considering acquiring the company.

The report said any final decision about the merger will likely depend on whether BP stock continues to slide.

BP reported first-quarter 2025 results, with sales beating expectations & hydrocarbon production declining.