BP is seen as a goal of acquisition, and is due to rumors of the merger of a shell

Oil giant BP The lights were pushed into the spotlight as a main acquisition candidate – but the power analysts are wondering whether any of the most likely kidnappers will rise to this occasion.

Britain’s besieged energy giant, which holds his annual public meeting on Thursday, has sought to solve some of the identity crisis by launching a Basic reset.

In February, who sought to rebuild the investor confidence, BP seeks to cut renewed spending and increase annual spending on its basic work in oil and gas. CEO Murray Usinglos He said The axis began to attract “great attention” in the non -basic assets of the company.

The Green Strategy of BP follows a long period of weak performance for its peers in the industry, at the price of depression Speculation of reference For a possible link with a local competitor coincidence. American oil giants Exxon Mobil and Chevron It was also described as the potential sugar with oil specialization at a value of 54.75 billion pounds (71.61 billion dollars).

Shell refused to comment on speculation. BP, Exxon and Chevron spokesperson did not respond to a comment when calling it by CNBC.

“Certainly, BP is a potential goal of acquisition – no doubt about it,” Maurizio Caroli, KNBC, told CNBC.

He added: “I would like to deal with the issue of” Will Shell Bid For BP “in the most general monotheism that occurs in the resource sector, both oil but also mining – especially last year, many companies believed that the purchase was better than construction.”

In the energy sector, for example, Exxon Mobil complete Buy $ 60 billion for leading natural resources in May last year, while Chevron remains Seek For Hess for $ 53 billion. The last agreement is still surrounded by legal uncertainty, with a arbitration session scheduled for next month.

In mining space, market speculation Kick in Overdrive At the beginning of the following year, after reports of a possible association between industry giants Red River and Glencore. Both companies refused to comment at that time.

Keleter Cheviot Carrio Chevron has appointed as a possible BP address, especially if the US energy giant endeavors hess.

Speculation about the potential merger between Shell and BP, at the same time, far from new. Caroli said that although rumors have some merit, it is possible that the potential deal will lead to anti -monopoly concerns.

Perhaps most importantly, Carolly added that the step to acquire BP will contradict the commitment of the constant paralysis of capital discipline during the CEO of Wael Sawan.

Michelle Dela Venia, head of natural resource research in Europe, the Middle East and Africa in Goldman SachsBP was described as the modern strategy as “very wise” and “studied”, but she admitted that she might not have gone away enough to an active investor.

The American hedgement fund Eliott Management It is said A stake built near 5 % to become one of the largest BP shareholders. Meanwhile, at the same time, the active investor followed the investors recently to vote against the help of Helge Lund as a president at the next BP shareholders meeting in protest against the company’s recent strategy. BP has since then He said The Lund will, most likely, step down in 2026, begins the caliphate process.

“I think there are three major choices in the BP portfolio that any activist investor loves to see,” Della Venia told CNBC about a video call.

BP Declare It was abandoning a 19.75 % contribution to the Russian -owned oil company, Rosente, shortly after Moscow’s invasion of Ukraine in late February 2022. It was an expensive and surprising end for more than three decades of activity in the country.

Della Venia said the second option for BP is the company’s marketing and comfort.

“I mean, inside BP, a company that trades three times from Ebitda, and there is a section that can trade 10 times Ebitda, right? I am amazing. You can raise the same point for many other large oils.”

Ebitda is a standard scale indicating the company’s profits before interest, taxes, depreciation and extinguishing.

“The third option is a BP company is a power company that focuses on the United States- it is clear, right?

He added: “Therefore, being a listed in the United Kingdom, when the UK gets the largest opponent in any other region in Big Oil, you don’t feel right. I think a form of transition or integration may be worth thinking.”