Should I buy or sell BP stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BP in the last year. There are currently 2 sell ratings, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BP, but not buy additional shares or sell existing shares. View BP analyst ratings or view top-rated stocks .

What is BP's stock price target for 2024?

7 brokerages have issued 12-month price targets for BP's shares. Their BP share price targets range from GBX 510 to GBX 1,000. On average, they anticipate the company's share price to reach GBX 632.63 in the next year. This suggests a possible upside of 20.0% 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 2024?

BP's stock was trading at GBX 466.15 at the start of the year. Since then, BP stock has increased by 13.1% and is now trading at GBX 527.30. View the best growth stocks for 2024 here .

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

BP announced a dividend on Tuesday, February 6th. Shareholders of record on Thursday, February 15th will be given a dividend of GBX 0.07 per share on Thursday, March 28th. This represents a yield of 1.28%. The ex-dividend date is Thursday, February 15th. The official announcement can be accessed at this link . Read our dividend analysis for BP .

Is BP a good dividend stock?

BP (LON:BP) pays an annual dividend of GBX 22 per share and currently has a dividend yield of 4.17%. BP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 3,235.29%. 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 .

LON:BP

BP (BP) Share Price, News & Analysis

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GBX 527.30

-11.80 (-2.19%)

(As of 04/15/2024 ET)

Compare

Today's Range: 522.50
▼
534.30
50-Day Range: 454.15
▼
539.10
52-Week Range: 441.05
▼
562.30

Volume: 31.60 million shs
Average Volume: 8.56 million shs
Market Capitalization: £88.85 billion

P/E Ratio: 775.44
Dividend Yield: 4.17%
Price Target: GBX 632.63

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

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BP MarketRank™ Stock Analysis

Analyst Rating: Hold
2.29 Rating Score
Upside/Downside: 20.0% Upside
GBX 632.63 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.45
Based on 18 Articles This Week
Insider Trading: Acquiring Shares
£41,974 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.42 out of 5 stars

2.1

Analyst's Opinion

Consensus Rating
BP has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 4 buy ratings, 1 hold rating, and 2 sell ratings.
Amount of Analyst Coverage
BP has only been the subject of 4 research reports in the past 90 days.

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 4.17%, 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 3,235.29%. 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.

2.5

News and Social Media Coverage

News Sentiment
BP has a news sentiment score of 0.45. 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 news sentiment score is similar to the average news sentiment of Energy companies.
News Coverage This Week
MarketBeat has tracked 18 news articles for BP this week, compared to 8 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 -14% compared to the previous 30 days.
MarketBeat Follows
11 people have added BP to their MarketBeat watchlist in the last 30 days. This is an increase of 450% 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 £419.74 in company stock and sold GBX 0 in company stock.
Percentage Held by Insiders
Only 0.28% of the stock of BP is held by insiders.
Percentage Held by Institutions
Only 38.30% 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 775.44, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 142.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of BP is 775.44, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 99.24.
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 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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. 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

April 12, 2024 | insidertrades.com

Murray Auchincloss Purchases 72 Shares of BP p.l.c. (LON:BP) Stock

April 12, 2024 | markets.businessinsider.com

UK Stocks: BP Shares Gain on Reports of ADNOC’s Takeover Interest

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

April 11, 2024 | qchron.com

BP talks housing, casinos and more

April 10, 2024 | benzinga.com

Smart Money Is Betting Big In BP Options

April 9, 2024 | msn.com

These Stocks Are Moving the Most Today: Trump Media, Tesla, BP, Tilray, BlackBerry, Freeport-McMoRan, and More

April 9, 2024 | markets.businessinsider.com

UK Stocks: BP Raises Q1 Oil and Gas Production Outlook

April 9, 2024 | msn.com

BP poised for solid Q1 as strong trading, production offset lower oil and gas prices

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

April 9, 2024 | marketwatch.com

BP Sees 1Q Upstream Output Higher on Quarter

April 9, 2024 | msn.com

With the oil price rising, the BP share price is gushing again

April 9, 2024 | msn.com

BP: British oil and gas giant to start year strong with boosted activity

April 9, 2024 | wsj.com

BP Expects Higher Oil, Gas Production to Boost Profit

April 9, 2024 | bloomberg.com

BP Sees Strong Oil, Gas Trading Performance in First Quarter

April 9, 2024 | finance.yahoo.com

BP Expects Profit Boosted By Higher Oil, Gas Production

April 9, 2024 | uk.finance.yahoo.com

BP sees oil and gas production move higher in first quarter

April 9, 2024 | finance.yahoo.com

European shares dip ahead of ECB policy decision; BP shines

April 9, 2024 | americanbankingnews.com

BP (LON:BP) Given Overweight Rating at Barclays

April 8, 2024 | americanbankingnews.com

BP p.l.c. (LON:BP) Receives Average Rating of "Hold" from Analysts

April 8, 2024 | finance.yahoo.com

BP p.l.c. (LON:BP.) is largely controlled by institutional shareholders who own 76% of the company

April 6, 2024 | msn.com

Sanjay Singh's Tihar jail time: AAP leader's health stats shocking reveals 6 kg weight gain, BP normalises

April 5, 2024 | msn.com

Video of Gleyber Torres continuing to take BP during earthquake is incredible

April 5, 2024 | uk.investing.com

BP's green retreat the focus next week

April 3, 2024 | thetimes.co.uk

We need $3.5 trillion a year to combat climate change, says former BP boss

April 2, 2024 | msn.com

Up 153% since Covid lows! Is the BP share price at risk from ‘greenwashing’ claims?

April 1, 2024 | msn.com

April Fuels Day as British Gas, Shell and BP's huge profits are revealed

April 1, 2024 | msn.com

Getting BP In Your Early 20s? Expert Shares Causal Factors And Preventive Tips

See More Headlines

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Company Calendar

Ex-Dividend for 3/28 Dividend: 2/15/2024
Dividend Payable: 3/28/2024
Today: 4/16/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Energy
Industry: Oil & Gas Integrated
Sub-Industry: N/A
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: 87,800
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 632.63
High Stock Price Target: GBX 1,000
Low Stock Price Target: GBX 510
Potential Upside/Downside: +20.0%
Consensus Rating: Hold
Rating Score (0-4): 2.29
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.68
Trailing P/E Ratio: 775.44
Forward P/E Ratio: 7.98
P/E Growth: 0.35
Net Income: £15.24 billion
Net Margins: 7.31%
Pretax Margin: N/A
Return on Equity: 18.85%
Return on Assets: 5.82%

Debt

Debt-to-Equity Ratio: 73.78
Current Ratio: 1.21
Quick Ratio: 0.62

Sales & Book Value

Annual Sales: £208.35 billion
Price / Sales: 0.43
Cash Flow: GBX 174.19 per share
Price / Cash Flow: 3.03
Book Value: GBX 418 per share
Price / Book: 1.26

Miscellaneous

Outstanding Shares: 16,850,000,000
Free Float: N/A
Market Cap: £88.85 billion
Optionable: Not Optionable
Beta: 0.55

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Key Executives

Mr. Murray Auchincloss (Age 54)
CEO & Director
Comp: $3.38M
Ms. Katherine Anne Thomson (Age 56)
CFO, Senior VP of Finance for Production & Operations & Director
Mr. Gordon Birrell (Age 61)
Executive Vice President of Production & Operations
Mr. Craig Marshall
Group Head of Investor Relations
Mr. Mike Sosso
Executive Vice President of Legal
Ms. Kerry Dryburgh
Executive Vice President of People & Culture
Mr. Richard M. Hookway (Age 63)
Chief Operating Officer of Global Business Services & Information Technology and Systems
Dr. Helmut Schuster (Age 63)
Advisor
Mr. Anthony Harbridge
Head of Executive Office, Alternative Energy & Regions
Mr. Spencer Dale
Group Chief Economist

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

Should I Buy BP Stock? BP Pros and Cons Explained

Pros

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

BP p.l.c. is actively involved in the production of natural gas, integrated gas and power, and trading of gas, which are essential energy sources with high demand.
The company operates onshore and offshore wind power, hydrogen, and carbon capture and storage facilities, aligning with the growing focus on renewable energy and sustainability.
BP's diverse business portfolio includes convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses, providing multiple revenue streams.
With a long-standing history since 1908 and a global presence, BP has established itself as a reputable player in the oil and gas industry.
Considering the current stock price and market trends, BP may present a favorable investment opportunity for those seeking value stocks.

Cons

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

Volatility in oil prices and market conditions can significantly impact BP's financial performance and stock value, posing risks to investors.
The oil and gas industry faces regulatory challenges and environmental concerns, which could lead to increased operational costs and potential reputational risks for BP.
Market competition and technological advancements in renewable energy may pose challenges to BP's traditional oil production and operations.
Global economic uncertainties and geopolitical factors can influence the demand for oil and gas products, affecting BP's revenue and profitability.
Investors should carefully monitor industry trends, company developments, and financial reports to make informed decisions regarding BP's investment potential.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these BP pros and cons to contact@marketbeat.com.

BP Stock Analysis - Frequently Asked Questions

Should I buy or sell BP stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BP in the last year. There are currently 2 sell ratings, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BP, but not buy additional shares or sell existing shares.
View BP analyst ratings or view top-rated stocks.
What is BP's stock price target for 2024?: 7 brokerages have issued 12-month price targets for BP's shares. Their BP share price targets range from GBX 510 to GBX 1,000. On average, they anticipate the company's share price to reach GBX 632.63 in the next year. This suggests a possible upside of 20.0% 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 2024?: BP's stock was trading at GBX 466.15 at the start of the year. Since then, BP stock has increased by 13.1% and is now trading at GBX 527.30.
View the best growth stocks for 2024 here.
How often does BP pay dividends? What is the dividend yield for BP?: BP announced a dividend on Tuesday, February 6th. Shareholders of record on Thursday, February 15th will be given a dividend of GBX 0.07 per share on Thursday, March 28th. This represents a yield of 1.28%. The ex-dividend date is Thursday, February 15th. The official announcement can be accessed at this link.
Read our dividend analysis for BP.

Is BP a good dividend stock?: BP (LON:BP) pays an annual dividend of GBX 22 per share and currently has a dividend yield of 4.17%. BP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 3,235.29%. 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 4/16/2024 by MarketBeat.com Staff

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BP (BP) Share Price, News & Analysis

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^™