BP p.l.c. (BP)
| Market Cap | 83.57B |
| Revenue (ttm) | 187.39B |
| Net Income (ttm) | 370.00M |
| Shares Out | 15.89B |
| EPS (ttm) | 0.02 |
| PE Ratio | 1,405.67 |
| Forward PE | 9.45 |
| Dividend | $1.90 (5.99%) |
| Ex-Dividend Date | Feb 21, 2025 |
| Volume | 5,263,100 |
| Open | 31.56 |
| Previous Close | 31.88 |
| Day's Range | 31.43 - 31.77 |
| 52-Week Range | 27.82 - 40.40 |
| Beta | 0.46 |
| Analysts | Hold |
| Price Target | 34.76 (+9.53%) |
| Earnings Date | Feb 11, 2025 |
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
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 $370.00 million, a decrease of -97.57%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for BP stock is "Hold." The 12-month stock price forecast is $34.76, which is an increase of 9.53% from the latest price.
News
BP CEO was awarded no bonus pay from oil giant's financial performance
BP's under-fire chief executive was awarded no bonus from the company's financial performance last year as his overall pay declined, the company said Thursday in its annual report.
BP's emissions rose in 2024, annual report says
BP's emissions under its operational control and the use of its products rose to 33.6 million metric tons and 322 million metric tons of carbon dioxide equivalent respectively in 2024, it said in its ...
Saudi Aramco exploring initial bid for BP's Castrol unit, source says
Saudi Aramco is in the early stages of considering a potential bid for BP's lubricant business Castrol, according to a person with knowledge of the matter.
BP says gas bubbles discovered at Senegal-Mauritania GTA project
BP said on Wednesday it had detected low-rate subsea gas bubbles at a well in its Greater Tortue Ahmeyim (GTA) project, situated offshore between Mauritania and Senegal.
BP: Righting The Ship
BP's strategy reset focuses on increasing oil and gas production, reducing low-return green investments, and improving cost efficiency to enhance shareholder returns and reduce debt. The company plans...
BP to boost oil and gas spending by $10B, slash renewable investment in major strategy shift
BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.
Five years on from BP's ambitious pledge, the climate has changed in every sense
Five years ago, BP's chief executive did something very unusual for the boss of an oil and gas company; he pledged to produce less oil and gas.
BP Boosts Oil and Gas Spending as Energy Giant Pivots From Low-Carbon Focus
BP (BP) said it would invest more in oil and gas as it pivots away from its low-carbon strategy.
BP to spend $10B annually on oil and gas, scaling back renewable energy plans
BP has decided to reduce its investment in renewable energy and increase its spending on oil and gas to $10 billion annually, according to Reuters. This strategic shift aims to increase earnings and ...
BP to almost double oil and gas production by 2030 in move away from green goals
Firm will be selective about investing in low-carbon options, slashing more than $5bn from previous green plan
BP Reset Falls Short. Why Bid to Catch Exxon Sent Stock Falling.
The oil and gas major promised to increase investment in oil and gas while reducing investment overall.
BP slashes renewables investment and boosts fossil fuel production
Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for greater fossil fuel production.
BP's going back to petroleum as it plans more oil spending and production
Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment while reducing outlays for greener fuels.
BP ramps up oil and gas spending to $10 billion as CEO rebuilds confidence
BP said on Wednesday it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuel, as part of CEO Murray Auchincloss' efforts to boost returns and improve financi...
Iraq, BP agree to develop four Kirkuk fields, Iraqi state news reports
Iraq and oil major BP signed a deal to redevelop four Kirkuk oil and gas fields, Iraq's state news agency reported on Tuesday.
BP reverses course on renewables, focuses on oil and gas amid investor pressure
BP's Chief Executive Officer has reportedly made a significant strategic shift, opting to refocus on fossil fuels and move away from the previous target of a 20-fold increase in renewable energy gener...
Exclusive: BP to ditch renewables goals and return focus to fossil fuels
BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor co...
LNG Shipping Report 2024: Market Trends, Challenges, And Future Outlook
LNG shipping faced oversupply and declining spot rates in 2024, impacting traditional seasonal growth patterns and leading to weaker-than-expected performance. Top gainers like Excelerate Energy and D...
My Dividend Stock Portfolio: New January Dividend Record - 100 Holdings With 14 Buys
January saw solid investment activity with $1,500 in net capital added, primarily into Business Development Companies like Owl Rock Capital, Goldman Sachs BDC, and Blackstone Secured Lending Fund. Div...
BP: 5 Levers To Pull At The Investor Day
We identify 5 levers which management should pull in order to improve BP's value and adress recent underperformance. Building partially on Shell's playbook, we believe key items to watch will be how m...
Lightsource bp secured 10 power purchase deals totalling 1.3 GW last year
Renewable energy developer Lightsource bp, a unit of British oil company BP , secured 10 power purchase agreements (PPAs) last year totalling 1.3 gigawatts (GW) of renewable energy capacity globally, ...
BP weighs sale of $10 billion Castrol lubricants unit, Bloomberg News reports
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a deal, Bloomberg News reported on Tuesday, citing people familiar with the ...
Top 2 Energy Stocks That Are Ticking Portfolio Bombs
As of Feb. 18, 2025, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.