BP Stock Forecast, Price & News

BP's stock was trading at $24.66 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BP shares have decreased by 37.6% and is now trading at $15.38.
View which stocks have been most impacted by COVID-19.

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, February 2nd 2021.
View our earnings forecast for BP.

BP plc (NYSE:BP) issued its earnings results on Sunday, November, 1st. The oil and gas exploration company reported $0.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.04) by $0.07. The oil and gas exploration company had revenue of $44.20 billion for the quarter, compared to the consensus estimate of $45.84 billion. BP had a negative return on equity of 1.14% and a negative net margin of 9.45%. The business's revenue was down 36.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.11 earnings per share.
View BP's earnings history.

BP announced a quarterly dividend on Wednesday, October 28th. Investors of record on Friday, November 6th will be given a dividend of $0.315 per share on Friday, December 18th. This represents a $1.26 dividend on an annualized basis and a yield of 8.19%. The ex-dividend date is Thursday, November 5th. This is a boost from BP's previous quarterly dividend of $0.31.
View BP's dividend history.

23 brokers have issued twelve-month target prices for BP's shares. Their forecasts range from $21.00 to $47.00. On average, they expect BP's stock price to reach $29.43 in the next twelve months. This suggests a possible upside of 91.4% from the stock's current price.
View analysts' price targets for BP.

News coverage about BP stock has been trending positive on Friday, InfoTrie reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. BP earned a media sentiment score of 2.2 on InfoTrie's scale. They also gave news stories about the oil and gas exploration company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term.
View the latest news about BP.

BP saw a increase in short interest in October. As of October 15th, there was short interest totaling 8,450,000 shares, an increase of 30.0% from the September 30th total of 6,500,000 shares. Based on an average daily trading volume, of 13,220,000 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the company's shares are short sold.
View BP's Short Interest.

Some companies that are related to BP include Exxon Mobil (XOM), Chevron (CVX), (RDS.B) (RDS.B), China Petroleum & Chemical (SNP), Equinor ASA (EQNR), ConocoPhillips (COP), Phillips 66 (PSX), Marathon Petroleum (MPC), Suncor Energy (SU), Valero Energy (VLO), Hess (HES), Repsol (REPYY), Imperial Oil (IMO), Imperial Oil (IMO) and HollyFrontier (HFC).
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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), Chevron (CVX), Pfizer (PFE), Verizon Communications (VZ), Bank of America (BAC), Intel (INTC), General Electric (GE), Cisco Systems (CSCO) and AbbVie (ABBV).

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

BP's stock is owned by a number of retail and institutional investors. Top institutional investors include SPX Equities Gestao de Recursos Ltda (0.02%), Cambridge Investment Research Advisors Inc. (0.02%), Wedge Capital Management L L P NC (0.01%), Envestnet Asset Management Inc. (0.01%), Neville Rodie & Shaw Inc. (0.01%) and Community Trust & Investment Co. (0.01%).

BP stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Fluent Financial LLC, Usca Ria LLC, SPX Equities Gestao de Recursos Ltda, Transform Wealth LLC, Private Asset Management Inc., Wedge Capital Management L L P NC, and Cambridge Investment Research Advisors Inc..

BP stock was purchased by a variety of institutional investors in the last quarter, including Avantax Advisory Services Inc., Manning & Napier Group LLC, Canal Capital Management LLC, Corrado Advisors LLC, Campbell & CO Investment Adviser LLC, Pacer Advisors Inc., Syntal Capital Partners LLC, and CWM LLC.

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 $15.38.

BP has a market capitalization of $51.93 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]