Argus Upgrades BP Amid Whiting Refinery Labor Dispute
Despite a labor dispute at its Whiting refinery in Indiana, Argus upgraded BP's stock to 'Buy' from 'Hold,' citing strong first-quarter results. The company reported adjusted net income of $3.19 billion for Q1 compared to $1.381 billion the previous year.
Tickers: $BP
Topics: Argus upgrade BP union contract stalemate Whiting refinery