BP p.l.c. (BP)
| Market Cap | 75.45B |
| Revenue (ttm) | 193.93B |
| Net Income (ttm) | 2.72B |
| Shares Out | 16.32B |
| EPS (ttm) | 0.16 |
| PE Ratio | 27.74 |
| Forward PE | 7.46 |
| Dividend | $1.92 (6.53%) |
| Ex-Dividend Date | Nov 8, 2024 |
| Volume | 3,132,576 |
| Open | 29.52 |
| Previous Close | 28.99 |
| Day's Range | 29.28 - 29.57 |
| 52-Week Range | 27.82 - 40.40 |
| Beta | 0.51 |
| Analysts | Hold |
| Price Target | 39.63 (+34.82%) |
| Earnings Date | Oct 29, 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 10 analysts, the average rating for BP stock is "Hold." The 12-month stock price forecast is $39.63, which is an increase of 34.82% from the latest price.
News
LNG Shipping Stocks: An Uncertain Future Amid Spot Rate Pressures
The LNG shipping sector faces challenges with declining UPI TCE rates and pressured spot rates, exacerbated by rising gas prices and market uncertainties. Tankers are being diverted to Europe and pote...
BP: Attractive Investment Setup
BP shares are undervalued, presenting an attractive risk profile, especially for dividend investors. The energy firm remained, despite a Q/Q drop in liquid price realizations, highly profitable. BP's ...
BP: A Buy At The Lows
BP p.l.c. is undervalued with a low enterprise value to EBITDA multiple of 3.1, offering a high dividend yield of 6.2%. The new $7 billion gas project in Indonesia, featuring carbon capture technology...
The Gold Standard Oil And Gas Companies
ESG as a theme is probably a fad, yet some aspects of it are useful as risk assessment tools. A big risk for oil and gas stocks is methane emissions, and until now, it has not been easy to assess this...
BP approves expansion of West Papua LNG project at meeting with Indonesia's new president
The British oil giant approved plans to expand the facility in the troubled Indonesian province of West Papua at a meeting with President Prabowo Subianto.
BP and partners to invest $7 billion in carbon capture project in Indonesia's Papua
BP and partners said they would invest $7 billion in a carbon capture project and gas field development in Indonesia's easternmost Papua region that could unlock 3 trillion cubic feet of additional ga...
My Dividend Stock Portfolio: New October Dividend Record - 100 Holdings With 15 Buys
Investment activity in October focused on Business Development Companies, with $1,300 added to the market. Adjusted dividend income in October of $789, up 25% Y/Y and up 11% sequentially. Main picks i...
BP's Whiting refinery in Indiana delays return to service, sources say
The return to service of BP's Whiting, Indiana refinery has been delayed, industry sources said.
Green Stock News for November 18th, 2024: $WCN $CTVA $BP $ENPH $GOEV
Welcome to the green stock news brief for Monday, November 18th. Here are today's top headlines: AMP Robotics has partnered with Waste Connections (NYSE: WCN) to equip and operate a next-generation re...
Corteva Announces Intent to Partner with bp to Develop Low Carbon Intensity Bio-Feedstock for Aviation Fuel Production
INDIANAPOLIS , Nov. 18, 2024 /PRNewswire/ -- Corteva Inc. (NYSE: CTVA) announced today a collaboration with bp (NYSE: BP, LSE: BP.L) on the companies' shared intent to form a crop-based biofuel feedst...
TotalEnergies, BP, Equinor and Shell commit $500 mln to boost energy access
Leading energy companies TotalEnergies , BP , Shell and Equinor announced a $500-million joint investment commitment, aimed at increasing people's access to sustainable modern energy sources.
If One Is Betting On Higher Oil Prices, BP Is Not The Company To Bet On
BP's transition to a green, renewable business model has led to a significant decline in oil production and financial performance. The pivot back into oil will not succeed. BP's 2024 profits plummete...
BP Stock: Out Of The Doghouse (Rating Upgrade)
BP p.l.c.'s recent management changes and strategic moves, including the Travel Centers of America acquisition, signal a renewed focus on profitable capital projects, making the stock a potential buy....
High Yield Oil And Gas Ranked By Relative Quality
With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-...
British Energy Majors May Lean More On Oil And Gas To Boost Profits
A rather unsubtle change is afoot at the world's two British oil majors - BP (LON: BP) and Shell (LON: SHEL). Having pledged and burnt millions on renewable energy moves under their former bosses, bot...
Poland's BNP Paribas BP Q3 profit rises 43%, beating expectations
Poland's BNP Paribas BP posted a higher-than-expected 43% jump in third-quarter net profit on Friday, supported by strong core revenues and lower provisions for legal risks associated with Swiss franc...
Oil giant BP is killing 18 hydrogen projects, chilling the nascent industry
Tucked inside a 32-page earnings report, oil and gas giant BP revealed it was killing 18 early-stage hydrogen projects, a move that could have a chilling effect on the nascent hydrogen industry.
BP plans to sell all of its Dutch petrol stations
BP plans to sell all 310 of its petrol stations in the Netherlands, a spokesman for the British oil and gas company said on Tuesday, confirming a report in Dutch newspaper AD.
Mideast tensions top risk facing energy markets, says BP CEO
Tension in the Middle East is the top risk facing energy markets, BP CEO Murray Auchincloss told an industry event in Abu Dhabi.
4 Things BP Can Do To Convince Investors They Are An Oil Company Again
BP is taking the right steps to act like an oil company again, but more work is needed. Until investors see plans for volume growth, improved returns, and better capital allocation, they may continue ...
BP Faces Price Forecast Cuts As Analysts Flag Weak Earnings And Rising Debt Challenges
Analysts cut the price target on BP p.l.c. BP following the company's third quarter results reported on Tuesday.
BP p.l.c. (BP) Q3 2024 Earnings Conference Call Transcript
Start Time: 09:00 January 1, 0000 10:09 AM ET BP p.l.c. (NYSE:BP) Q3 2024 Earnings Conference Call October 29, 2024, 09:00 AM ET Company Participants Murray Auchincloss - CEO Kate Thomson - CFO Craig...
Refining margins dismal as China weighs on oil demand, BP CEO says
Global refining margins are dismal as global oil demand growth remains below average due to sluggish economic activity in China, BP CEO Murray Auchincloss said on Tuesday.
BP Profit Plummets on Lower Refining Margins, Oil Trading
BP (BP) on Tuesday posted third-quarter profit that fell well short of analysts' forecasts, dragged by weaker refining margins and oil trading.
BP's Profit Hits Four-Year Low on Commodity Market Weakness
BP's profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector.