BP p.l.c. (BP)

Palantir has experienced significant growth, expanding its commercial contracts across energy, healthcare, and aviation sectors, potentially setting up a decade of substantial expansion.

Baker Hughes secured a 90-month service agreement with bp for the Tangguh LNG plant in Indonesia, covering spare parts, repair services, and technical support for critical turbomachinery across three LNG trains.

BP announced the sale of its entire U.S. onshore wind energy portfolio to LS Power, covering 10 wind farms across seven states with 1.3 gigawatts capacity, as part of a $20 billion divestment strategy to optimize operations and focus on efficient low-carbon investments.

Exxon's potential acquisition of BP could trigger a bull market for the broader energy sector, as the industry is currently undervalued. Transocean, a drilling equipment manufacturer, is also seen as a potential beneficiary of this trend.

BP's CEO, Murray Auchinloss, did not receive a bonus for the company's financial performance in 2024, despite the bonus target not requiring earnings growth. Auchinloss's total pay declined from the previous year, even as his salary increased.