BP p.l.c. (BP)
| Market Cap | 104.51B |
| Revenue (ttm) | 206.04B |
| Net Income (ttm) | 9.28B |
| Shares Out | 2.79B |
| EPS (ttm) | 3.22 |
| PE Ratio | 11.57 |
| Forward PE | 7.92 |
| Dividend | $1.74 (4.65%) |
| Ex-Dividend Date | May 16, 2024 |
| Volume | 5,689,261 |
| Open | 37.29 |
| Previous Close | 37.11 |
| Day's Range | 37.21 - 37.59 |
| 52-Week Range | 33.52 - 40.84 |
| Beta | 0.54 |
| Analysts | Buy |
| Price Target | 43.86 (+16.99%) |
| Earnings Date | May 7, 2024 |
About BP
BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubrica... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for BP stock is "Buy." The 12-month stock price forecast is $43.86, which is an increase of 16.99% from the latest price.
News
BP looking to buy Tesla's Supercharger sites in US, Bloomberg News reports
BP's electric charging unit is keen on buying Tesla's Supercharging sites in the United States, Bloomberg News reported on Thursday.
BP softens tone on 2030 oil output cut to reassure investors
BP softened the language on its pledge to cut its 2030 oil and gas output in an effort to reassure investors over its energy transition strategy and narrow a gaping value gap with rivals.
BP to focus on shareholder returns over climate ambitions, CEO Murray Auchincloss says
BP's new CEO Murray Auchnicloss on Tuesday signaled the oil major may fall short of climate ambitions set out under his predecessor Bernard Looney as it pushes to generate higher returns for sharehold...
BP reports 40% drop in Q1 earnings, trailing behind industry peers amid low energy prices
BP has reported a significant 40% drop in its first-quarter earnings, with profits falling to $2.7 billion, underperforming against analysts' expectations due to lower energy prices and operational se...
BP Earnings Miss. It's Betting Big on the Gulf of Mexico, Which Should Help.
The company is back to exploring for new oil wells, and some of its most aggressive exploration projects are in the Gulf.
BP Profit Falls More Than Expected, Buybacks Maintained
BP maintained the pace of its share buybacks even as first-quarter profit and cash flow fell by more than expected and net-debt increased. Anthony Di Paola reports on Bloomberg Television.
BP Posts Weaker Profit, Misses Expectations
BP's first-quarter profit was hit by lower oil and gas trading but it confirmed a $1.75 billion share buyback.
BP misses expectations as profits slip on weaker oil and gas prices
BP on Tuesday reported a fall in first-quarter profit, with results coming in below analyst expectations amid a "significantly weaker" margin in fuels.
BP reports Q1 profits of $2.7 billion, missing forecasts
BP reported on Tuesday first quarter earnings of $2.7 billion, missing forecasts, while the company extended its $1.75 billion share repurchase programme.
BP-Eni JV signs agreement for Namibia offshore license
A BP-Eni joint venture and Rhino Resources Namibia have signed an agreement for a 42.5% interest in a block in the country's offshore Orange Basin, the companies said on Friday.
BP Goes Deeper Into Gulf of Mexico, After Triumphs and Tragedy
While rivals bank on big new plays in Guyana and Namibia, the new BP CEO is focused on heartland waters off the coast of Louisiana and Texas.
bp's Archaea Energy brings online its largest modular RNG plant to date in Kansas
The plant can convert 9,600 standard cubic feet of landfill gas per minute into lower-carbon renewable natural gas (RNG). Plant is expected to produce enough renewable natural gas to heat up to 38,000...
Is BP Reshaping Its Energy Transition Business Priorities?
Following his predecessor Bernard Looney's sudden departure last year, BP CEO Murray Auchincloss' was left carrying the can for the company's strategy calling for growing renewables and reducing oil a...
Trans Mountain oil shippers raise concerns about risk of delay to full service
Some shippers on Canada's Trans Mountain expansion project are raising concerns that the long-delayed oil pipeline will not be fully in service by its projected start date of May 1, according to a let...
Two female execs leave UK energy giant BP in wake of ex-CEO Bernard Looney scandal
Leigh-Ann Russell, BP's chief technology and innovation officer, and Anja-Isabel Dotzenrath, head of gas and low-carbon since 2022, are leaving.
3 UK oil stocks to invest in as Middle East tensions rise
The year 2024 has faced many headwinds so far – but arguably the most devastating has been the ongoing conflict in the Middle East. With far-reaching implications, some of the markets most impacted ar...
BP to Simplify Group Structure, Trim Leadership Team
BP said the changes are part of a plan to turn it into an integrated energy company and invest more in low-carbon activities.
BP trims down executive team, picks new head of its gas and low carbon energy business
British oil major BP on Thursday trimmed the size of its executive team down to 10 members.
BP cuts size of executive team, names new head of gas & low carbon energy
British energy giant BP said on Thursday it would reduce the size of its executive leadership team to 10 members as it announced a simplified organisational structure and changes to its executive team...
BP starts oil production at new offshore platform in Azerbaijan
BP has started oil production at a new Azeri Central East (ACE) offshore platform in the Caspian Sea, the company said on Tuesday, bolstering declining oil output in the ex-Soviet country.
Exclusive: BP's EV charging arm cuts jobs, reduces global ambitions
BP has cut over a tenth of the workforce in its electric vehicle charging business and pulled it out of several markets after a bet on rapid growth in commercial EV fleets didn't pay off, company sour...
Possible BP bid highlights 'London for sale' scenario
The emergence of a possible bid for BP by the United Arab Emirates' state-owned oil group has thrown a spotlight on the vulnerability of the Britain's largest companies to takeover and the threat to L...
Abu Dhabi state oil company reportedly looked at buying BP
Adnoc decided move was not right fit but it is latest sign of foreign buyers circling UK firms
Europe's main energy stocks index hits highest since 2008
The main European energy stocks index hit its highest level since 2008 as higher oil prices, geopolitical risks, and global economic uncertainty drew in investors on Friday.
BP share price nears key level amid heightened M&A rumours
BP (LON: BP) share price regained momentum this week, helped by the vibrant crude oil market and heightened M&A deal rumours. The stock jumped to a high of 531p on Friday, its highest swing since Octo...