BP Could Put More Assets on the Chopping Block -- Market Talk
Dow Jones01-14
1118 GMT - BP is likely to put more assets up for sale, RBC Capital Markets analysts Biraj Borkhataria and Adnan Dhanani write. The British energy major warns of up to $5 billion in impairments across its gas and low-carbon energy segment. Oil companies tend to book impairments ahead of sales, which suggests that BP may put more assets on the chopping block, they add. Incorporating Wednesday's warning, BP has impaired around $23 billion of assets in four years, they add. Shares fall 0.7% to 433.70 pence. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
January 14, 2026 06:18 ET (11:18 GMT)
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