# BP upgraded at RBC, saying company has earned 'second chance at first impression'

*business · news · 2026-05-11 · Seeking Alpha*

## Key points

- RBC Capital upgraded BP to Outperform from Sector Perform.
- RBC cited higher crude prices as giving BP a windfall opportunity.
- The windfall allows BP a 'second chance' to reduce its leverage.
- BP shares rose 2.2% in Monday trading following the upgrade.

**Companies:** BP p.l.c.

[Read the full story on Seeking Alpha](https://seekingalpha.com/news/4590662-bp-upgraded-at-rbc-saying-company-has-earned-second-chance-at-first-impression)

---

Canonical: https://newsio.io/n/f2da89ab-c697-4f7b-a111-536be0eaa112/bp-upgraded-at-rbc-saying-company-has-earned-second-chance-at-first-impression
Summarized by Newsio from Seeking Alpha. https://newsio.io/how-it-works