BP's Trading Volume Surges 86.77% to 4.13 Billion, Ranked 294th in Market

Generated by AI AgentAinvest Volume Radar
Wednesday, Jul 23, 2025 6:35 pm ET1min read
Aime RobotAime Summary

- BP's stock trading volume surged 86.77% to 4.13 billion on July 23, 2025, ranking 294th in the market.

- The company agreed to sell its US onshore wind business to LS Power as part of a $20 billion divestment strategy.

- This move aims to refocus operations on core oil and gas, aligning with broader asset sales by 2027.

- BP's shares rose 0.58% for the third consecutive day, reflecting investor confidence in the strategic shift.

- Recent Azerbaijan projects, including Shah Deniz Compression and Shafag solar, support its energy transition goals.

On July 23, 2025, BP's trading volume reached 4.13 billion, an 86.77% increase from the previous day, ranking 294th in the day's stock market. BP's stock price rose by 0.58%, marking the third consecutive day of gains, with a total increase of 2.25% over the past three days.

BP has agreed to sell its US onshore wind business to LS Power as part of its $20 billion divestment strategy. This move is aimed at simplifying and refocusing its operations. The sale includes

Wind Energy, which operates ten wind farms across seven states in the US, with a combined gross generating capacity of 1.7 GW. The deal is expected to be finalized by the end of 2025.

This strategic shift indicates BP's pivot back towards its core oil and gas operations. The sale of its US onshore wind business aligns with BP's broader divestment plan, which includes selling $20 billion of assets by the end of 2027. The company has also recently entered into agreements in Azerbaijan for the development of the Shah Deniz Compression project, the Shafag solar, and the Sangachal terminal electrification projects.

Comments



Add a public comment...
No comments

No comments yet