Zacks Research Has Bearish Estimate for BP Q2 Earnings

BP p.l.c. (NYSE:BP - Free Report) - Zacks Research dropped their Q2 2025 earnings per share estimates for shares of BP in a note issued to investors on Wednesday, May 21st. Zacks Research analyst R. Department now anticipates that the oil and gas exploration company will post earnings of $0.60 per share for the quarter, down from their prior estimate of $0.68. The consensus estimate for BP's current full-year earnings is $3.53 per share. Zacks Research also issued estimates for BP's Q3 2025 earnings at $0.56 EPS, Q4 2025 earnings at $0.62 EPS, FY2025 earnings at $2.32 EPS, Q1 2026 earnings at $0.60 EPS, Q2 2026 earnings at $0.63 EPS, Q3 2026 earnings at $0.58 EPS, Q4 2026 earnings at $0.64 EPS, FY2026 earnings at $2.45 EPS, Q1 2027 earnings at $0.77 EPS and FY2027 earnings at $3.15 EPS.

Several other equities analysts have also commented on BP. TD Securities reiterated a "hold" rating and set a $36.00 price objective (down from $40.00) on shares of BP in a research report on Wednesday, March 19th. Wells Fargo & Company increased their price target on shares of BP from $30.00 to $37.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 12th. Wall Street Zen cut shares of BP from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th. UBS Group cut shares of BP from a "buy" rating to a "neutral" rating in a research report on Thursday, April 10th. Finally, Scotiabank cut their price target on shares of BP from $34.00 to $30.00 and set a "sector perform" rating for the company in a research report on Friday, April 11th. Two investment analysts have rated the stock with a sell rating, sixteen have given a hold rating, two have assigned a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $35.28.

BP Price Performance

Shares of NYSE BP traded up $0.01 during mid-day trading on Friday, reaching $29.16. 4,111,606 shares of the company were exchanged, compared to its average volume of 9,783,133. The stock has a market capitalization of $79.16 billion, a PE ratio of 364.61, a PEG ratio of 1.12 and a beta of 0.51. 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 has a 52 week low of $25.22 and a 52 week high of $37.58. The company's 50 day moving average price is $29.53 and its 200 day moving average price is $30.57.

BP (NYSE:BP - Get Free Report) last issued its quarterly 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). BP had a net margin of 0.20% and a return on equity of 10.96%. The business had revenue of $46.91 billion for the quarter, compared to the consensus estimate of $40.12 billion. During the same quarter last year, the business posted $0.97 EPS. The business's revenue was down 4.0% compared to the same quarter last year.

BP Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, May 16th will be issued a $0.48 dividend. The ex-dividend date is Friday, May 16th. This represents a $1.92 annualized dividend and a yield of 6.59%. BP's dividend payout ratio (DPR) is presently -413.04%.

Institutional Investors Weigh In On BP

A number of large investors have recently modified their holdings of BP. Cary Street Partners Investment Advisory LLC grew its stake in BP by 2,250.0% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 940 shares of the oil and gas exploration company's stock worth $32,000 after purchasing an additional 900 shares during the period. Missouri Trust & Investment Co boosted its holdings in shares of BP by 400.0% during the 1st quarter. Missouri Trust & Investment Co now owns 1,000 shares of the oil and gas exploration company's stock valued at $34,000 after buying an additional 800 shares in the last quarter. GW&K Investment Management LLC increased its stake in shares of BP by 178.0% in the 1st quarter. GW&K Investment Management LLC now owns 1,034 shares of the oil and gas exploration company's stock worth $35,000 after acquiring an additional 662 shares in the last quarter. Mascagni Wealth Management Inc. bought a new stake in BP during the fourth quarter worth about $33,000. Finally, Asset Planning Inc purchased a new stake in BP in the fourth quarter worth about $40,000. Institutional investors own 11.01% of the company's stock.

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.