BP (NYSE:BP) Shares Acquired Rep. Bruce Westerman

Representative Bruce Westerman (R-Arkansas) recently bought shares of BP p.l.c. NYSE: BP. In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in BP stock on March 3rd. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne OTCMKTS: LVMUY on 4/2/2025.
• Purchased $1,001 - $15,000 in shares of Sony Group NYSE: SONY on 3/24/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi UFJ Financial Group NYSE: MUFG on 3/21/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 3/21/2025.
• Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Medtronic NYSE: MDT on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/20/2025.

BP Stock Down 0.7 %

Shares of BP stock traded down $0.20 during trading on Wednesday, hitting $28.67. 9,460,065 shares of the company were exchanged, compared to its average volume of 9,552,749. The business's 50-day simple moving average is $31.66 and its 200 day simple moving average is $30.89. BP p.l.c. has a twelve month low of $25.22 and a twelve month high of $39.73. The firm has a market capitalization of $77.84 billion, a price-to-earnings ratio of 358.42, a P/E/G ratio of 1.12 and a beta of 0.41. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.97 and a current ratio of 1.25.

BP (NYSE:BP - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The oil and gas exploration company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.12). BP had a net margin of 0.20% and a return on equity of 10.96%. As a group, analysts forecast that BP p.l.c. will post 3.53 EPS for the current fiscal year.

BP Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 21st were issued a $0.48 dividend. The ex-dividend date was Friday, February 21st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 6.70%. BP's dividend payout ratio is 2,375.00%.

Wall Street Analysts Forecast Growth

BP has been the subject of a number of recent research reports. StockNews.com downgraded BP from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th. TD Securities reiterated a "hold" rating and issued a $36.00 target price (down from $40.00) on shares of BP in a research note on Wednesday, March 19th. Raymond James increased their price target on shares of BP from $36.00 to $37.00 and gave the stock an "outperform" rating in a research note on Friday, January 17th. Scotiabank reduced their price objective on shares of BP from $34.00 to $30.00 and set a "sector perform" rating for the company in a research note on Friday, April 11th. Finally, UBS Group downgraded shares of BP from a "buy" rating to a "neutral" rating in a research report on Thursday, April 10th. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating, two have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $36.73.

Institutional Investors Weigh In On BP

Hedge funds and other institutional investors have recently bought and sold shares of the business. Butensky & Cohen Financial Security Inc. lifted its holdings in BP by 0.3% in the fourth quarter. Butensky & Cohen Financial Security Inc. now owns 129,215 shares of the oil and gas exploration company's stock valued at $3,820,000 after buying an additional 358 shares during the period. Sunbelt Securities Inc. increased its stake in shares of BP by 3.3% in the 4th quarter. Sunbelt Securities Inc. now owns 11,839 shares of the oil and gas exploration company's stock valued at $344,000 after acquiring an additional 380 shares during the last quarter. Parallel Advisors LLC raised its position in shares of BP by 1.3% in the 1st quarter. Parallel Advisors LLC now owns 31,943 shares of the oil and gas exploration company's stock valued at $1,079,000 after acquiring an additional 397 shares during the period. NBT Bank N A NY grew its holdings in BP by 4.9% during the first quarter. NBT Bank N A NY now owns 8,558 shares of the oil and gas exploration company's stock valued at $289,000 after purchasing an additional 399 shares during the period. Finally, Atlas Brown Inc. increased its stake in BP by 1.2% in the fourth quarter. Atlas Brown Inc. now owns 37,338 shares of the oil and gas exploration company's stock valued at $1,104,000 after purchasing an additional 437 shares in the last quarter. 11.01% of the stock is owned by institutional investors and hedge funds.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

BP Company Profile

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.