BP p.l.c. (BP)
| Market Cap | 110.48B |
| Revenue (ttm) | 213.03B |
| Net Income (ttm) | 15.24B |
| Shares Out | 2.79B |
| EPS (ttm) | 5.15 |
| PE Ratio | 7.64 |
| Forward PE | 7.92 |
| Dividend | $1.74 (4.40%) |
| Ex-Dividend Date | Feb 15, 2024 |
| Volume | 5,112,730 |
| Open | 39.40 |
| Previous Close | 39.34 |
| Day's Range | 39.10 - 39.73 |
| 52-Week Range | 33.52 - 40.84 |
| Beta | 0.55 |
| Analysts | Buy |
| Price Target | 43.86 (+10.7%) |
| Earnings Date | May 7, 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 10.70% from the latest price.
News
Trans Mountain oil shippers raise concerns about risk of delay to full service
Some shippers on Canada's Trans Mountain expansion project are raising concerns that the long-delayed oil pipeline will not be fully in service by its projected start date of May 1, according to a let...
Two female execs leave UK energy giant BP in wake of ex-CEO Bernard Looney scandal
Leigh-Ann Russell, BP's chief technology and innovation officer, and Anja-Isabel Dotzenrath, head of gas and low-carbon since 2022, are leaving.
3 UK oil stocks to invest in as Middle East tensions rise
The year 2024 has faced many headwinds so far – but arguably the most devastating has been the ongoing conflict in the Middle East. With far-reaching implications, some of the markets most impacted ar...
BP to Simplify Group Structure, Trim Leadership Team
BP said the changes are part of a plan to turn it into an integrated energy company and invest more in low-carbon activities.
BP trims down executive team, picks new head of its gas and low carbon energy business
British oil major BP on Thursday trimmed the size of its executive team down to 10 members.
BP cuts size of executive team, names new head of gas & low carbon energy
British energy giant BP said on Thursday it would reduce the size of its executive leadership team to 10 members as it announced a simplified organisational structure and changes to its executive team...
BP starts oil production at new offshore platform in Azerbaijan
BP has started oil production at a new Azeri Central East (ACE) offshore platform in the Caspian Sea, the company said on Tuesday, bolstering declining oil output in the ex-Soviet country.
Exclusive: BP's EV charging arm cuts jobs, reduces global ambitions
BP has cut over a tenth of the workforce in its electric vehicle charging business and pulled it out of several markets after a bet on rapid growth in commercial EV fleets didn't pay off, company sour...
Possible BP bid highlights 'London for sale' scenario
The emergence of a possible bid for BP by the United Arab Emirates' state-owned oil group has thrown a spotlight on the vulnerability of the Britain's largest companies to takeover and the threat to L...
Abu Dhabi state oil company reportedly looked at buying BP
Adnoc decided move was not right fit but it is latest sign of foreign buyers circling UK firms
Europe's main energy stocks index hits highest since 2008
The main European energy stocks index hit its highest level since 2008 as higher oil prices, geopolitical risks, and global economic uncertainty drew in investors on Friday.
BP share price nears key level amid heightened M&A rumours
BP (LON: BP) share price regained momentum this week, helped by the vibrant crude oil market and heightened M&A deal rumours. The stock jumped to a high of 531p on Friday, its highest swing since Octo...
Exclusive: UAE's ADNOC recently eyed BP as takeover target, sources say
The United Arab Emirates' state-owned oil company recently considered buying Britain's BP but the deliberations did not progress beyond preliminary discussions, people familiar with the matter told Re...
Big Oil Looking Away From UK and Toward US for Listing
The London Stock Exchange is at risk of losing Shell Plc's listing to New York. If the company leaves, it would likely put pressure on fellow oil giant BP Plc and commodity trading firm Glencore Plc t...
Icebreaker Botnica summer charter contract with BP for 2024
The subsidiary company of AS Tallinna Sadam, OÜ TS Shipping, signed an agreement with BP Exploration Operating Company Ltd (hereinafter: BP) for chartering multifunctional icebreaker Botnica from May ...
BP says high production and strong trading will offset oil and gas price slump
BP on Tuesday said it expects high levels of upstream production and a strong performance from its trading business will help it offset the negative impacts of lower oil and gas prices and a drop in t...
BP Expects Profit Lift from Output Boost
BP expects a boost to first-quarter profits from higher oil, gas and low-carbon energy production, despite weaker gas prices.
BP expects rise in first-quarter upstream energy output
BP said on Tuesday it expects first-quarter upstream production of both oil and gas as well as low-carbon energy to be higher than the previous three months.
BP in talks to sell some Trinidad upstream gas assets to Perenco
BP is close to an agreement to sell some of its Trinidad and Tobago oil and gas assets to Anglo-French oil company Perenco, according to three people familiar with the talks.
Here's why the Tullow Oil, Shell, and BP share prices are rising
Energy stocks are jumping, helped by the strong performance of crude oil prices. In the UK, the Shell (LON: SHEL) share price surged to a high of 2,737p on Wednesday.
Shareholder advisors support BP's handling of CEO Looney's sacking
Two major shareholder advisory firms have expressed support for the BP board's handling of former CEO Bernard Looney's dismissal last year, ahead of the British energy giant's annual general meeting t...
BP Stock Up 7% This Year, What's Next?
After a 7% increase so far this year, at the current price of around $38 per share, we believe BP plc stock (NYSE: BP), a European integrated energy major, could go higher in the long term. BP's under...
CERAWEEK Trinidad in talks with US for BP gas project shared with Venezuela -min
The government of Trinidad and Tobago has begun talks with the United States for a license that would allow the joint development of a gas project shared with Venezuela, the Caribbean nation's energy ...
BP plans to reduce German oil refinery's oil processing capacity -executive
BP plans to reduce the crude processing capacity of its Gelsenkirchen oil refinery in Germany by around one third due to a weaker demand outlook, its head of refining Amber Russell said on Wednesday.
bp unveils first US bp pulse EV charging Gigahub™ at Houston headquarters
bp pulse Gigahub™ (EV charging station) is open to the general public The site features 24 EV DC fast-charging points A ribbon cutting for the Gigahub™ located at the bp Westlake campus with bp execut...