Will BP’s Share Price Underperformance Continue amid Trump’s Energy Policies?
BP shares (LON: BP) have delivered very little for holders through 2024, with a decline of 18.23% in the stock price significantly underperforming the market. The 5 year trend has not been much better, with a 24.25% dip in share value leaving many wondering about the future outlook in a potentially changing energy environment. The future trajectory of shares under President Donald Trump’s administration, could potentially spur a resurgence in the energy sector, or more of the same.
One of the key aspects of President Trump’s energy policy is the expected boost for domestic drilling. This could bode well for BP, as increased drilling activity on U.S. soil might present lucrative opportunities for the company. Despite being a British…
