BP p.l.c. (BP)
| Market Cap | 101.26B |
| Revenue (ttm) | 206.04B |
| Net Income (ttm) | 9.28B |
| Shares Out | 2.75B |
| EPS (ttm) | 3.22 |
| PE Ratio | 11.24 |
| Forward PE | 7.92 |
| Dividend | $1.74 (4.75%) |
| Ex-Dividend Date | May 16, 2024 |
| Volume | 7,106,627 |
| Open | 36.85 |
| Previous Close | 36.43 |
| Day's Range | 36.58 - 36.92 |
| 52-Week Range | 33.52 - 40.84 |
| Beta | 0.52 |
| Analysts | Buy |
| Price Target | 43.86 (+19.31%) |
| Earnings Date | Jul 30, 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 19.31% from the latest price.
News
Why A Scaling Down Of Renewable Energy Plans By BP Was Inevitable
When the news arrived that BP (LON: BP) was scaling down its renewable energy ambitions, it didn't hold much of a surprise. In fact, for market observers there was a certain level of inevitability abo...
BP, ExxonMobil Provide A Contrast In Energy Transition Strategies
Reuters reports that new BP CEO Murray Auchincloss announced this week that his company will impose a hiring freeze and pause investments in new wind energy projects in an effort to make the UK-based ...
Focus: BP halts hiring, slows renewables roll-out to win over investors
BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over its energy transition str...
On Day of Fatal BP Refinery Blast, 3,712 Safety Alarms and One Unsent Email
BP supervisors played down workers' concerns about an Ohio refinery spiraling into chaos, missing multiple opportunities to prevent a September 2022 explosion that killed two brothers, federal investi...
Arcadis completes charger installation for bp pulse's first high-speed EV Gigahub™ in the US
Arcadis has delivered more than 7,000 EV charging stations around the world HOUSTON , June 24, 2024 /PRNewswire/ -- Arcadis, a leading global design and consultancy organization for natural and built ...
BP Stock Flat This Year, What Now?
With the stock flat so far this year, at the current price of around $35 per share, we believe BP plc stock (NYSE: BP), a European integrated energy major, could go higher in the long term. BP's under...
BP plans foray into 2G ethanol, sustainable jet fuel with Brazil base
BP Plc will evaluate expanding and diversifying its biofuel operation in Brazil, looking at new products such as second-generation ethanol and sustainable aviation fuel after buying out Bunge from the...
BP to buy out Bunge's stake in Brazilian biofuels JV in $1.4 bln deal
BP has agreed to buy grain trader Bunge's 50% stake in Brazilian sugar and ethanol joint venture BP Bunge Bioenergia for $1.4 billion in a bet on growing demand for low-carbon biofuels.
Archaea Energy and Republic Services celebrate first RNG plant in landmark partnership
Lightning Renewables joint venture targets bringing approximately 40 landfill gas-to-renewable natural gas plants online in coming years. Fort Wayne plant is the largest Archaea Modular Design in Indi...
BP tells employees to reveal office romances or get fired after CEO Bernard Looney's affair scandals
Move comes months after its chief executive was forced to step down after it was learned he maintained inappropriate relationships with colleagues.
BP says staff must disclose all intimate relationships with colleagues or risk losing their jobs: report
BP PLC has told staff they must disclose any intimate relationships with colleagues or risk losing their jobs.
Exclusive: BP tightens workplace relationships policy after Looney dismissal
BP employees must disclose any intimate relationships with colleagues or risk losing their jobs, the oil major told staff in a policy update, following the sacking of former CEO Bernard Looney for fai...
BP shares under pressure after S&P Global downgrade over share buyback plans
BP shares were under pressure on Tuesday after ratings agency S&P Global downgraded its outlook for the British oil company over concerns its share buyback plans will leave it unable to lower its debt...
Castrol® Unveils New Branding and Best-in-Class Product Claims Across Its Full Synthetic Range
WAYNE, N.J.--(BUSINESS WIRE)-- #Castrol--Castrol® unveils new branding for its line of synthetic oils, as well as multiple new, industry-leading claims surrounding performance and protection.
BP, Trinidad's NGC receive US license for gas development with Venezuela
British oil major BP and Trinidad and Tobago's state energy firm NGC have received a two-year license from the U.S. Treasury Department to negotiate and develop the Cocuina-Manakin gas fields with Ven...
BP, Shell and EOG vie for acreage in Trinidad's oil and gas auction
Trinidad and Tobago received six bids from BP , Shell and US shale producer EOG Resources on four blocks to explore for oil and gas as its 2023 shallow water auction closed on Monday.
BP, EOG Resources in talks to jointly develop Trinidad gas field
Oil major BP and U.S. shale producer EOG Resources are in discussions to jointly develop a natural gas field off the coast of Trinidad and Tobago, the British company said.
EV Connect and bp pulse Collaborate to Deliver Comprehensive Fleet Management Solution
EL SEGUNDO, Calif.--(BUSINESS WIRE)--With 5.7 million electric vehicles (EVs) anticipated to be used in fleet applications by 2025, EV Connect, a leading EV charging business platform, and bp pulse, a...
Amoco Ultimate® with Invigorate® Can Take You Up To 300 Miles Farther per Year¹
Amoco Ultimate® with Invigorate® can take you up to 300 miles farther yearly, compared to regular fuel in top-selling sedans and car SUVs. bp's "300 Miles Farther" campaign is an unmatched claim that ...
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.