Should I buy or sell BP stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BP in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BP shares. View BP analyst ratings or view top-rated stocks .

What is BP's stock price target for 2024?

8 brokers have issued twelve-month price targets for BP's stock. Their BP share price targets range from GBX 500 to GBX 1,000. On average, they expect the company's share price to reach GBX 618.10 in the next year. This suggests a possible upside of 32.7% from the stock's current price. View analysts price targets for BP or view top-rated stocks among Wall Street analysts .

How have BP shares performed in 2023?

BP's stock was trading at GBX 474.90 at the start of the year. Since then, BP stock has decreased by 1.9% and is now trading at GBX 465.95. View the best growth stocks for 2023 here .

How often does BP pay dividends? What is the dividend yield for BP?

BP announced a dividend on Tuesday, October 31st. Stockholders of record on Thursday, November 9th will be given a dividend of GBX 0.07 per share on Tuesday, December 19th. This represents a dividend yield of 1.14%. The ex-dividend date is Thursday, November 9th. The official announcement can be seen at this link . Read our dividend analysis for BP .

Is BP a good dividend stock?

BP (LON:BP) pays an annual dividend of GBX 23 per share and currently has a dividend yield of 4.71%. BP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 2,090.91%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for BP .

What other stocks do shareholders of BP own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BP investors own include Conduity Capital (CCAP) , City of London Group (CIN) , Topps Tiles (TPT) , First Property Group (FPO) , Redhall Group (RHL) , Centrica (CNA) , Lloyds Banking Group (LLOY) , Exxon Mobil (XOM) and Bank of America (BAC) .

How do I buy shares of BP?

Shares of BP stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

BP Share Price, News & Analysis (LON:BP)

GBX 465.95

-5.95 (-1.26%)

(As of 12/6/2023 ET)

Compare

Today's Range: 465.86
▼
475.05
50-Day Range: 466.15
▼
558
52-Week Range: N/A

Volume: 32.12 million shs
Average Volume: 8.56 million shs
Market Capitalization: £78.93 billion

P/E Ratio: 423.59
Dividend Yield: 4.94%
Price Target: GBX 618.10

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

BP MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 32.7% Upside
GBX 618.10 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.17
Based on 12 Articles This Week
Insider Trading: Acquiring Shares
£5.71 M Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.61 out of 5 stars

4.3

Analyst's Opinion

Consensus Rating
BP has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 618.10, BP has a forecasted upside of 32.7% from its current price of GBX 465.95.
Amount of Analyst Coverage
BP has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for BP.

1.7

Dividend Strength

Dividend Leadership
BP is a leading dividend payer. It pays a dividend yield of 4.71%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
BP does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of BP is 2,090.91%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BP.

2.3

News and Social Media Coverage

News Sentiment
BP has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for BP this week, compared to 5 articles on an average week.
Search Interest
Only 72 people have searched for BP on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.
MarketBeat Follows
7 people have added BP to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, BP insiders have bought more of their company's stock than they have sold. Specifically, they have bought £57,121.17 in company stock and sold GBX 0 in company stock.
Percentage Held by Insiders
Only 0.25% of the stock of BP is held by insiders.
Percentage Held by Institutions
Only 39.98% of the stock of BP is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of BP is 423.59, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 116.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of BP is 423.59, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 102.85.
Price to Earnings Growth Ratio
BP has a PEG Ratio of 0.35. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
BP has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About BP Stock (LON: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 lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business. Further, it engages in power and storage, digital transformation, carbon management, and bio and low carbon related products, as well as energy and environmental commodities and mobility businesses. The company was founded in 1908 and is headquartered in London, the United Kingdom.

BP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BP Stock News Headlines

December 6, 2023 | msn.com

Former BP CEO Bob Dudley: World will not do well without oil and gas

December 6, 2023 | afr.com

BP lobbies for green fuel mandates across Aussie airlines

December 7, 2023 | DTI Trader (Ad)

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December 5, 2023 | americanbankingnews.com

BP (LON:BP) Share Price Crosses Below Two Hundred Day Moving Average of $488.89

December 4, 2023 | finance.yahoo.com

BP (LON:BP.) shareholders have earned a 26% CAGR over the last three years

December 1, 2023 | msn.com

Lisburn man sells solar business Lightsource to BP

December 1, 2023 | msn.com

Blood pressure in cold weather: Things to consider to manage your BP

November 30, 2023 | oilprice.com

BP Buys Up Full Control Of Solar Power Developer Lightsource BP

December 7, 2023 | DTI Trader (Ad)

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November 30, 2023 | thetimes.co.uk

BP buys out solar firm Lightsource in £200m payday for founders

November 30, 2023 | msn.com

BP to buy remaining stake in Lightsource BP in $322M deal

November 30, 2023 | msn.com

bp joins Japan’s retail electricity market

November 28, 2023 | benzinga.com

BP Plant & Machinery Announces New Inventory for 2024

November 28, 2023 | americanbankingnews.com

BP (LON:BP) Price Target Raised to GBX 625 at Royal Bank of Canada

November 27, 2023 | uk.investing.com

BP gets upgrade as recent slide has gone too far, suggests bank

November 27, 2023 | finance.yahoo.com

Global Carbon Capture And Storage Market Analysis Report 2023-2030: Europe Poised for Rapid Growth as ExxonMobil, BP, Chevron Emerge as Key Players

November 27, 2023 | msn.com

BP (BPAQF) Price Target Increased by 8.45% to 8.82

November 27, 2023 | msn.com

BP enters Japan's power retail market

November 27, 2023 | americanbankingnews.com

Insider Buying: BP p.l.c. (LON:BP) Insider Acquires 10,000 Shares of Stock

November 25, 2023 | seekingalpha.com

BP: Integrated Energy Major With Attractive Mid-Term Returns

November 24, 2023 | financialpost.com

'What the hell's going on?': String of abrupt CEO departures at oil giant BP raises eyebrows

November 23, 2023 | bloomberg.com

BP Needs a Fresh Strategy, Not Just a New CEO

November 23, 2023 | finance.yahoo.com

BP Plastics Holding Bhd (KLSE:BPPLAS) Has Some Way To Go To Become A Multi-Bagger

November 22, 2023 | msn.com

U.S. approves Equinor-BP's Empire Wind offshore project

November 22, 2023 | msn.com

BP & Corio Generation Plan $1.16B Investment In South Korean Wind Farms: Report

November 22, 2023 | msn.com

BP picks search firm to identify next CEO after Looney ousting

November 22, 2023 | forbes.com

BP And Equinor Win U.S. Government Approval For 2.08GW Wind Farm Off Long Island

See More Headlines

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Company Calendar

Ex-Dividend for 9/22 Dividend: 8/10/2023
Dividend Payable: 9/22/2023
Ex-Dividend for 12/19 Dividend: 11/09/2023
Today: 12/06/2023
Dividend Payable: 12/19/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Industry: Oil & Gas Integrated
Sub-Industry: N/A
Sector: Energy
Current Symbol: LON:BP
Previous Symbol: LON:BP/
CUSIP: N/A
CIK: N/A
Web: www.bp.com
Phone: +44-20-74962107
Fax: N/A
Employees: 67,600
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 618.10
High Stock Price Target: GBX 1,000
Low Stock Price Target: GBX 500
Potential Upside/Downside: +31.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 1.10
Trailing P/E Ratio: 429.00
Forward P/E Ratio: 6.48
P/E Growth: 0.35
Net Income: £25.67 billion
Net Margins: 11.36%
Pretax Margin: N/A
Return on Equity: 33.05%
Return on Assets: 10.31%

Debt

Debt-to-Equity Ratio: 68.08
Current Ratio: 1.21
Quick Ratio: 0.62

Sales & Book Value

Annual Sales: £226.03 billion
Price / Sales: 0.35
Cash Flow: GBX 155.89 per share
Price / Cash Flow: 3.03
Book Value: GBX 421 per share
Price / Book: 1.12

Miscellaneous

Outstanding Shares: 16,940,000,000
Free Float: N/A
Market Cap: £79.94 billion
Optionable: Not Optionable
Beta: 0.63

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Key Executives

Mr. Murray Auchincloss (Age 53)
Interim CEO & Director
Comp: $2.39M
Ms. Katherine Anne Thomson (Age 55)
Senior VP of Finance for Production & Operations and Interim CFO
Mr. Gordon Birrell (Age 60)
Executive Vice President of Production & Operations
Mr. Craig Marshall
Group Head of Investor Relations
Mr. Eric Nitcher (Age 60)
Executive Vice President of Legal
Mr. Rahul Saxena
Group Ethics & Compliance Officer
Mr. Marco Ryan
Senior Vice President of Digital Customers & Markets
Ms. Kerry Dryburgh
Executive Vice President of People & Culture
Mr. Richard M. Hookway (Age 62)
Chief Operating Officer of Global Business Services & Information Technology and Systems
Dr. Helmut Schuster (Age 62)
Advisor

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

Should I Buy BP Stock? BP Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of BP was last updated on Tuesday, November 28, 2023 at 10:51 PM.

Pros

Here are some ways that investors could benefit from investing in BP p.l.c.:

BP has a dividend payout ratio of 2,072.07%, which indicates a high dividend yield.
Wall Street analysts have given BP a "Moderate Buy" rating and an average target price of GBX 625.60 ($7.83), suggesting potential growth.
BP's stock price has been positively impacted by recent developments, such as Citigroup restating a "buy" rating and JPMorgan Chase & Co. lifting their price objective.
BP provides carbon products and is actively involved in the oil and gas industry, which continues to be in demand globally.
Investors can benefit from BP's presence in the market and its ability to navigate challenges in the industry.

Cons

Investors should be bearish about investing in BP p.l.c. for these reasons:

The oil and gas industry, including BP, is facing pressure due to net zero goals, which may impact future earnings.
BP experienced significant earnings declines in the third quarter, indicating potential challenges in the company's financial performance.
Strategy and leadership issues within BP have contributed to the company's difficulties and may affect its ability to overcome future obstacles.
Investors should consider the volatility of the oil and gas industry and the potential impact of geopolitical factors on BP's operations.
It is important for investors to closely monitor BP's financial performance and industry trends to make informed investment decisions.

BP Stock Analysis - Frequently Asked Questions

Should I buy or sell BP stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BP in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BP shares.
View BP analyst ratings or view top-rated stocks.
What is BP's stock price target for 2024?: 8 brokers have issued twelve-month price targets for BP's stock. Their BP share price targets range from GBX 500 to GBX 1,000. On average, they expect the company's share price to reach GBX 618.10 in the next year. This suggests a possible upside of 32.7% from the stock's current price.
View analysts price targets for BP or view top-rated stocks among Wall Street analysts.
How have BP shares performed in 2023?: BP's stock was trading at GBX 474.90 at the start of the year. Since then, BP stock has decreased by 1.9% and is now trading at GBX 465.95.
View the best growth stocks for 2023 here.
How often does BP pay dividends? What is the dividend yield for BP?: BP announced a dividend on Tuesday, October 31st. Stockholders of record on Thursday, November 9th will be given a dividend of GBX 0.07 per share on Tuesday, December 19th. This represents a dividend yield of 1.14%. The ex-dividend date is Thursday, November 9th. The official announcement can be seen at this link.
Read our dividend analysis for BP.

Is BP a good dividend stock?: BP (LON:BP) pays an annual dividend of GBX 23 per share and currently has a dividend yield of 4.71%. BP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 2,090.91%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for BP.
What other stocks do shareholders of BP own?: Based on aggregate information from My MarketBeat watchlists, some companies that other BP investors own include Conduity Capital (CCAP), City of London Group (CIN), Topps Tiles (TPT), First Property Group (FPO), Redhall Group (RHL), Centrica (CNA), Lloyds Banking Group (LLOY), Exxon Mobil (XOM) and Bank of America (BAC).
How do I buy shares of BP?: Shares of BP stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:BP) was last updated on 12/7/2023 by MarketBeat.com Staff

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BP Share Price, News & Analysis (LON:BP)

BP MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About BP Stock (LON:BP)

BP Stock Price History

BP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

Should I Buy BP Stock? BP Pros and Cons Explained

Pros

Cons

BP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™