BP p.l.c. (BP)
Market Cap | 75.82B |
Revenue (ttm) | 187.39B |
Net Income (ttm) | 390.00M |
Shares Out | 15.85B |
EPS (ttm) | 0.02 |
PE Ratio | 194.41 |
Forward PE | 8.99 |
Dividend | $1.90 (6.70%) |
Ex-Dividend Date | Feb 21, 2025 |
Volume | 23,076,991 |
Open | 29.78 |
Previous Close | 31.34 |
Day's Range | 28.26 - 29.88 |
52-Week Range | 27.82 - 40.40 |
Beta | 0.39 |
Analysts | Hold |
Price Target | 34.97 (+23.22%) |
Earnings Date | Apr 29, 2025 |
About BP
BP p.l.c., an integrated energy company, 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; gas trading; operation of solar and onshore and offshore wind power, as well as hydrogen and carbon capture, power trading, and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil. The company is also involved in convenien... [Read more]
Financial Performance
In 2024, BP p.l.c.'s revenue was $187.39 billion, a decrease of -10.06% compared to the previous year's $208.35 billion. Earnings were $390.00 million, a decrease of -97.44%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for BP stock is "Hold." The 12-month stock price forecast is $34.97, which is an increase of 23.22% from the latest price.
News

BP Chairman Helge Lund to Step Down Amid Pressure From Elliott for Strategy Shift
Shares of BP (BP), which has been under pressure from activist investor Elliott Investment Management, plunged 8% in recent trading after the energy giant said chair Helge Lund is stepping down.
Energy prices sink over tariffs and OPEC announcement
CNBC's Pippa Stevens joins 'Squawk on the Street' to discuss what's driving energy prices.

BP chair to resign amid pressure from shareholders over green agenda
Helge Lund likely to leave post in 2026, with investor opposition having derailed net zero plans

BP chairman Helge Lund out as green energy strategy collapses
The chairman of BP, Helge Lund, is set to step down, marking the end of an era defined by the company's ambitious but ultimately unsuccessful foray into green energy. The oil giant announced on Friday...

BP Chair Helge Lund to Step Down Amid Push for Changes at Oil Major
The British energy company said Lund is likely to step down sometime next year, as activist investor Elliott Management pushes for changes at the British oil major.

Under-fire BP says its chair will leave, but not soon
BP, under fire from an activist shareholder over its stock-market performance, on Friday said its chair will step down.

BP chair Helge Lund to step down after oil major pledges strategic reset
British oil major BP on Friday said its chair Helge Lund will step down, kickstarting a succession process with support from the wider board.

BP chair Helge Lund to step down
Oil major BP said on Friday its chair Helge Lund intends to step down and the company had kicked off the process to pick his successor.

Dividend Harvesting Portfolio Week 213: $21,300 Allocated, $2,128.72 In Projected Dividends
Despite market volatility and a -2.8% GDP growth projection, I continue to invest, seeing short-term headwinds as opportunities for long-term gains. The Dividend Harvesting Portfolio's profitability d...

BP share price continues to underperform: is it a contrarian buy?
The BP share price has lagged behind its peer companies in the past few years. Its stock jumped by about 60% in the last five years.

BP begins production at Cypre project in Trinidad and Tobago
Oil major BP's Trinidad and Tobago unit (bpTT) said on Thursday it had begun production from the Cypre gas project.

BP: When The Facts Change (Rating Upgrade)
BP's strategic reset addresses previous concerns by boosting oil and gas CAPEX and cutting underperforming renewable investments, aiming to reduce debt through asset disposals. The stock has rebounded...

BP: Lowering My Price Target, Still Cheap With A Shareholder-Friendly Focus
BP is undervalued with a low P/E ratio, high yield, and bullish technical indicators, despite recent underperformance and mixed earnings results. BP's management plans a strategic reset, including pot...

BP CEO's Plan to Catch Exxon and Chevron: Make More Cash From the Gulf
BP CEO Murray Auchincloss says that the oil major is on the cusp of churning out much more cash than previously.

Activist investor Elliott takes short position in Shell after building a stake in rival BP
U.S. activist investor Elliott Investment Management has taken a short position against British oil major Shell as part of a global hedging program. The move, which was first reported by British newsp...

Elliott takes big short position in Shell amid BP campaign
U.S. activist hedge fund Elliott Management, currently campaigning for more change at BP in its capacity as a BP shareholder, has taken a big short position in Shell , according to financial filings.

Why BP is exiting the Austrian mobility and convenience sector
BP, the British multinational oil and gas company, announced on Thursday that it intends to divest its mobility and convenience business in Austria. This strategic move is part of BP's broader portfo...

BP to sell over 260 retail stores, EV charging assets and more in Austria
BP said on Thursday it plans to sell its mobility and convenience business in Austria, as the oil giant reshapes its portfolio under CEO Murray Auchincloss' reset strategy.

BP weighs stake sales in two Gulf of Mexico projects, sources say
BP is weighing the sale of minority stakes in two Gulf of Mexico projects, with each project estimated to be worth billions of dollars to the company, two sources with knowledge of the matter said on ...

BP receives final green light from Iraq government on Kirkuk project
BP has received final government approval for the redevelopment of Iraq's giant Kirkuk oil fields, with an initial plan to produce 3 billion barrels of oil equivalent, BP said on Wednesday.

Proxy advisor ISS recommends votes for re-election of BP board, executives
Proxy advisor Institutional Shareholder Services Inc (ISS) recommends that shareholders vote in favour of the re-election of BP's board and management at the April 17 annual general meeting, according...

Activist Elliott meets BP investors to discuss more changes, sources say
Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at the oil major that could include cost cuts and a potential leadership resh...

Apollo Funds to buy 25% stake in BP pipelines for about $1 billion
BP on Friday said U.S.-based asset management firm Apollo Global's managed funds will buy a 25% non-controlling stake in its unit, BP Pipelines (TANAP), for about $1 billion.

My Dividend Stock Portfolio: New February Dividend Record - 100 Holdings With 11 Buys
February investments fell below $1,000, mainly in BDCs like Owl Rock Capital and Ares Capital, boosting annual dividend income by $77. Dividend income hit a new February record of $505, up 5% Y/Y driv...

BP activist investor Follow This urges vote against chair Lund over energy transition
BP activist investor Follow This plans to call for a vote against Chair Helge Lund's reappointment at its April 17 shareholder meeting, claiming he should have offered investors a say on scrapping ene...