Rep. Marjorie Taylor Greene Buys BP p.l.c. (NYSE:BP) Shares

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of BP p.l.c. NYSE: BP. In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in BP stock on May 5th. The trade occurred in the Representative's "MARJORIE IRA" account.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Occidental Petroleum NYSE: OXY on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Paychex NASDAQ: PAYX on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of MercadoLibre NASDAQ: MELI on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Starbucks NASDAQ: SBUX on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Gilead Sciences NASDAQ: GILD on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of BHP Group NYSE: BHP on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Impinj NASDAQ: PI on 5/5/2025.

BP Stock Up 4.1 %

Shares of NYSE:BP traded up $1.18 during mid-day trading on Friday, reaching $29.77. 19,484,743 shares of the stock were exchanged, compared to its average volume of 9,724,913. The company has a market cap of $80.82 billion, a P/E ratio of 372.17, a P/E/G ratio of 1.12 and a beta of 0.51. The stock's 50 day simple moving average is $30.34 and its 200-day simple moving average is $30.61. The company has a quick ratio of 0.97, a current ratio of 1.25 and a debt-to-equity ratio of 0.70. BP p.l.c. has a one year low of $25.22 and a one year high of $38.44.

BP (NYSE:BP - Get Free Report) last released its earnings results on Tuesday, April 29th. The oil and gas exploration company reported $0.53 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.56 by ($0.03). The company had revenue of $46.91 billion during the quarter, compared to analyst estimates of $40.12 billion. BP had a net margin of 0.20% and a return on equity of 10.96%. BP's revenue was down 4.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.97 EPS. As a group, equities research analysts predict that BP p.l.c. will post 3.53 EPS for the current year.

BP Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, May 16th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 6.45%. The ex-dividend date is Friday, May 16th. BP's payout ratio is currently -413.04%.

Wall Street Analyst Weigh In

BP has been the topic of several research analyst reports. StockNews.com lowered BP from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th. Scotiabank reduced their price target on BP from $34.00 to $30.00 and set a "sector perform" rating on the stock in a research report on Friday, April 11th. JPMorgan Chase & Co. raised shares of BP from an "underweight" rating to a "neutral" rating in a report on Thursday, February 20th. Wolfe Research set a $50.00 price target on BP in a report on Tuesday, January 14th. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating on shares of BP in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, sixteen have issued a hold rating, two have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $36.73.

Institutional Investors Weigh In On BP

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp increased its position in BP by 30.1% in the 4th quarter. Bank of New York Mellon Corp now owns 474,957 shares of the oil and gas exploration company's stock valued at $14,040,000 after buying an additional 110,019 shares in the last quarter. SVB Wealth LLC bought a new stake in shares of BP during the fourth quarter valued at approximately $588,000. ARK & TLK Investments LLC acquired a new position in shares of BP during the fourth quarter worth approximately $434,000. Avior Wealth Management LLC grew its position in BP by 83.3% in the 4th quarter. Avior Wealth Management LLC now owns 53,360 shares of the oil and gas exploration company's stock valued at $1,577,000 after purchasing an additional 24,252 shares during the period. Finally, Altrius Capital Management Inc raised its holdings in BP by 16.6% during the fourth quarter. Altrius Capital Management Inc now owns 272,527 shares of the oil and gas exploration company's stock worth $8,056,000 after buying an additional 38,751 shares during the last quarter. 11.01% of the stock is owned by institutional investors.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

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.