BP p.l.c. (BP)
| Market Cap | 97.10B |
| Revenue (ttm) | 206.04B |
| Net Income (ttm) | 9.28B |
| Shares Out | 2.75B |
| EPS (ttm) | 3.22 |
| PE Ratio | 10.86 |
| Forward PE | 7.92 |
| Dividend | $1.74 (4.95%) |
| Ex-Dividend Date | May 16, 2024 |
| Volume | 5,876,192 |
| Open | 35.21 |
| Previous Close | 35.18 |
| Day's Range | 34.96 - 35.42 |
| 52-Week Range | 33.52 - 40.84 |
| Beta | 0.53 |
| Analysts | Buy |
| Price Target | 42.36 (+20.17%) |
| 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 7 analysts, the average rating for BP stock is "Buy." The 12-month stock price forecast is $42.36, which is an increase of 20.17% from the latest price.
News
BP, PDVSA rush to complete gas deal before Venezuela election
British oil and gas producer BP , Venezuela's state oil company PDVSA and Trinidad and Tobago's National Gas Company are speeding negotiations for a Venezuelan license to develop natural gas deposits ...
This BP Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings pag...
BP Says Oil Demand Is Falling, While OPEC Says It's Rising. What Gives?
BP released its annual energy outlook Wednesday. Among its conclusions: Oil demand will likely plateau by 2025, after which the decline will depend on how aggressively countries slash carbon emissions...
BP Wins Key Ruling In City Of Baltimore Climate Change Lawsuit
In a ruling that could impact dozens of legal actions in what has become a coordinated lawfare effort to damage the US oil and gas industry, a City Circuit Judge in Baltimore, MD tossed out a local go...
Trading houses lure top talent from BP, Shell
Several high-profile energy traders have in recent weeks quit oil majors for trading houses, multiple sources told Reuters on Thursday, as talent follows assets swapping hands and as trading houses ra...
BP signs deal with mall owner Simon Property for over 900 EV chargers
A unit of BP signed a deal with mall owner Simon Property Group to install and operate more than 900 high-speed electric-vehicle chargers at 75 sites across the United States, the companies said on We...
BP Energy Outlook: both main scenarios see 2025 oil peak, rapid renewables growth
BP expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system...
Why Oil Refinery Stocks' ‘Famine' Could Turn Into a ‘Feast'
A decline in margins has weighed on refining stocks
BP's Q2 Estimates Downgraded, But This Analyst Anticipates 10% Dividend Hike And Continued Buybacks
RBC Capital Markets analyst Biraj Borkhataria updated estimates of BP p.l.c. BP following its second-quarter trading update release this morning.
Oil giant BP warns of Q2 profit decline due to weak refining
BP (BP) shares dip in pre-market trading after the energy giant anticipates its weak oil refining output to affect its second-quarter profits. BP's forecast comes after ExxonMobil (XOM) warns its own ...
BP Slides After Projecting Up To $2B in Q2 Impairment Charges
BP (BP) American depositary receipts (ADRs) fell in premarket trading Tuesday after the energy giant said that it expects lower refining margins and an impairment charge of up to $2 billion will impac...
Indivior Cuts 2024 Outlook, Joins BP And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Tuesday.
BP Joins Exxon in Warning About Weaker Margins. What It Means for Chevron.
The oil giant's warning adds to the gloom hanging over energy stocks.
BP to take hit of nearly $3bn amid oil refining woes
Shares fall as energy company expects huge writedown on German plant
BP joins Exxon in saying weak refining margins will hit second-quarter profits
BP on Tuesday said it expects weak margins in its refining business will have hit its second quarter profits by up to $700 million after Exxon Mobil on Monday said a similar slump in refining margins ...
BP shares drop 3% after warning of up to $2 billion impairment, weak refining margins
BP on Tuesday said it expects to post an impairment of up to $2 billion in the second quarter, also warning of lower refining margins.
BP expects second-quarter earnings hit on lower refining margins
BP expects lower realised refining margins to hurt its second-quarter earnings by $500 million to $700 million, the oil firm said on Tuesday.
ADNOC's Ruwais LNG to earmark 40% stake to Shell, Total, BP, Mitsui, sources say
Abu Dhabi National Oil Company (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors Shell , TotalEnergies , BP , and Japan's Mitsui , sources told ...
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...