BP p.l.c. (BP)
| Market Cap | 92.12B |
| Revenue (ttm) | 187.39B |
| Net Income (ttm) | 390.00M |
| Shares Out | 15.85B |
| EPS (ttm) | 0.02 |
| PE Ratio | 1,485.78 |
| Forward PE | 10.55 |
| Dividend | $1.90 (5.51%) |
| Ex-Dividend Date | Feb 21, 2025 |
| Volume | 739,672 |
| Open | 34.65 |
| Previous Close | 34.75 |
| Day's Range | 34.43 - 34.65 |
| 52-Week Range | 27.82 - 40.40 |
| Beta | 0.46 |
| Analysts | Hold |
| Price Target | 34.97 (+1.55%) |
| 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 1.55% from the latest price.
News
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...
BP Stock Eyes Golden Cross: Can Bulls Take Control?
BP plc BP is flashing strong technical signals, with bullish momentum building just as the stock approaches a Golden Cross — a classic indicator of potential upside.
Israel awards natural gas exploration licences to BP, Socar and NewMed
Israel awarded licences to BP , Azeri national oil firm Socar and local company NewMed Energy on Monday to explore for natural gas in Israeli waters as the country seeks to boost domestic gas reserves...
From Southwest to BP, Elliott and other activists are shaking up companies again
Investors like billionaire Paul Singer have more money than ever to throw around, and they are making their presence felt on Wall Street and Main Street.
BP plans to explore for new oil in Azeri Caspian Sea
BP plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told Reuters.
Exclusive: BP seeks to sell 50% of solar unit to strategic partner, bids due in June, document shows
BP is seeking to sell 50% of its solar unit Lightsource bp to a strategic partner for cash and a commitment of future investments, with bids due in June, the energy major said in a sales document seen...
BNP Paribas BP's reports 132% surge in full-year net profit
BNP Paribas BP , the Polish unit of lender BNP Paribas , posted a higher-than-expected jump in its full-year net profit on Thursday, supported by excess banking sector liquidity and persistently high ...
Poland's PKO BP fourth-quarter net profit rises 259%
Poland's PKO BP posted a 259% year-on-year rise in fourth-quarter net profit on Thursday, due to improving income from core activities.
CERAWEEK Time has come to ramp up U.S. gas output, BP CEO says
BP is set to ramp up U.S. natural gas production in its onshore shale operations following the recent rise in domestic gas prices, CEO Murray Auchincloss said on Tuesday.
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.