Tuesday, September 2, 2025

BP Chairman Carl-Henric Svanberg to Retire, Board Launches Successor Search

Guided BP through aftermath of Deepwater Horizon disaster BP Chairman Carl-Henric Svanberg has informed the company’s board of directors of his intention to retire as chairman. The company said Svanberg will chair the annual general meeting to be held in May 2018 and will remain in position until a successor is in post. Ian Davis, the BP board’s senior independent

EnerCom's price-to-cash-flow-per-share comparison with debt-to-market cap shows markets care less about debt below 150% of market cap

When Does the Balance Sheet Stop Being the Market’s First Concern?

Companies are beginning to put capital to work away from the drill bit, but should they be targeting debt? Several high-profile share repurchase programs have been announced recently as oil and gas companies look for ways to reinvest their free-cash flow. Anadarko Petroleum Corp. (ticker: APC) said in September that the company plans to repurchase $2.5 billion of its stock