NYSE:BPBP Stock Price, Forecast & News

BP's stock was trading at $24.66 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BP shares have decreased by 6.5% and is now trading at $23.05.
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23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BP in the last year. There are currently 3 sell ratings, 6 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for BP.

BP is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for BP.

BP plc (NYSE:BP) released its earnings results on Tuesday, August, 4th. The oil and gas exploration company reported ($1.98) EPS for the quarter, missing analysts' consensus estimates of ($0.99) by $0.99. The oil and gas exploration company had revenue of $31.68 billion for the quarter, compared to analyst estimates of $38.70 billion. BP had a negative net margin of 9.45% and a negative return on equity of 1.14%. The company's revenue for the quarter was down 56.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.14 EPS.
View BP's earnings history.

BP declared a quarterly dividend on Wednesday, August 5th. Shareholders of record on Friday, August 14th will be paid a dividend of $0.31 per share on Friday, September 25th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 5.38%. The ex-dividend date of this dividend is Thursday, August 13th.
View BP's dividend history.

23 brokers have issued twelve-month price objectives for BP's shares. Their forecasts range from $26.00 to $53.00. On average, they expect BP's share price to reach $35.36 in the next twelve months. This suggests a possible upside of 53.4% from the stock's current price.
View analysts' price targets for BP.

News stories about BP stock have trended positive this week, according to InfoTrie. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. BP earned a media sentiment score of 2.7 on InfoTrie's scale. They also assigned news articles about the oil and gas exploration company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.
View the latest news about BP.

BP saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 11,470,000 shares, an increase of 13.1% from the May 31st total of 10,140,000 shares. Based on an average daily volume of 15,220,000 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.4% of the company's stock are short sold.
View BP's Short Interest.

Some companies that are related to BP include Exxon Mobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.B), Equinor ASA (EQNR), China Petroleum & Chemical (SNP), ConocoPhillips (COP), Phillips 66 (PSX), Suncor Energy (SU), Marathon Petroleum (MPC), Valero Energy (VLO), Hess (HES), Repsol (REPYY), HollyFrontier (HFC), YPF (YPF) and CVR Energy (CVI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other BP investors own include AT&T (T), Exxon Mobil (XOM), Verizon Communications (VZ), Pfizer (PFE), Chevron (CVX), Bank of America (BAC), General Electric (GE), Cisco Systems (CSCO), Intel (INTC) and AbbVie (ABBV).

BP trades on the New York Stock Exchange (NYSE) under the ticker symbol "BP."

BP's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include FMR LLC (0.49%), Fisher Asset Management LLC (0.30%), Raymond James & Associates (0.10%), Federated Hermes Inc. (0.08%), Macquarie Group Ltd. (0.06%) and Thrivent Financial for Lutherans (0.06%).

BP stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Federated Hermes Inc., Russell Investments Group Ltd., Raymond James & Associates, Manning & Napier Group LLC, Advisor Group Holdings Inc., Envestnet Asset Management Inc., and Bank of New York Mellon Corp.

BP stock was purchased by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, SPX Equities Gestao de Recursos Ltda, Fisher Asset Management LLC, Natixis Advisors L.P., Klingenstein Fields & Co. LLC, Kahn Brothers Group Inc. DE, Financial Partners Capital Management LLC, and Vaughan David Investments LLC IL.

Shares of BP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of BP stock can currently be purchased for approximately $23.05.

BP has a market capitalization of $77.83 billion and generates $282.62 billion in revenue each year. The oil and gas exploration company earns $4.03 billion in net income (profit) each year or $2.95 on an earnings per share basis. BP employs 70,100 workers across the globe.

The official website for BP is www.bp.com.

BP's mailing address is 1 ST JAMES`S SQUARE, LONDON X0, SW1Y 4PD. The oil and gas exploration company can be reached via phone at 44-0-20-7496-5311 or via email at [email protected]