BP p.l.c stock: buy or sell?

BP stock price: $37.48 -0.74% At close on October 18th, 2019

Updated on:
October 18th, 2019

3

Shares of BP p.l.c depreciated an ugly -0.74% and closed at $37.48.

BP p.l.c. operates as an integrated oil and gas company worldwide. It operates through three segments: Upstream, Downstream, and Rosneft.

Should I buy BP p.l.c stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, BP p.l.c stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean BP will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is BP p.l.c stock a buy?

Financial institutions and banks post stock ratings everyday. At Stocks2.com, we gathered 15 ratings published for BP stock in the last 30 days.

The general sentiment of these ratings is bullish for BP stock, with 15 positive ratings.
Is BP a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-2JPMorgan Chase & Co.n/aBuy
2019-9-18JPMorgan Chase & Co.n/aBuy
2019-9-16Sanford C. Bernsteinn/aBuy
2019-9-16Kepler Capital Marketsn/aBuy
2019-9-16Berenberg Bankn/aBuy
2019-9-12Royal Bank of Canadan/aOutperform
2019-9-12JPMorgan Chase & Co.n/aBuy
2019-9-12JPMorgan Chase & Co.n/aOverweight
2019-9-11HSBCn/aBuy
2019-9-11Grupo SantanderHoldBuy
2019-9-10Barclaysn/aBuy
2019-8-30Morgan Stanleyn/aOverweight
2019-8-30JPMorgan Chase & Co.n/aBuy
2019-8-28UBS Groupn/aBuy
2019-8-28Berenberg Bankn/aBuy

BP p.l.c stock analysis

Daily outlook

Shares of BP p.l.c closed on Oct/18 at $37.48 and depreciated an ugly -0.74%.

BP p.l.c closed on Oct 18th at $37.48 and depreciated an ugly -0.74%. Since price and SMA200d lines crossed down on July, BP fell $-3.06 per share (-7.55%). From a daily perspective, BP is in a short term uptrend after plotting its last bottom ($37.18, on Wednesday) higher than the previous bottom, and its last top ($37.88, on Thursday) also over the previous top. Now trading in between its last bottom and last top BP might consolidate in a plain range, waiting to break out over $37.88 or down under $37.18.

BP stock chart (daily)

Weekly outlook

BP p.l.c ended this week at $37.48 and remained stable a tight 0.05%.

Since mid July, when BP stock price broke down the 40-weeks moving avarage line, it slid $-3.06 per share (-7.55%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.

BP stock chart (weekly)

BP p.l.c stock price history

BP p.l.c stock historical price chart

BP stock reached 52-week highs on April at $43.99, and all-time highs 2018-05-21 with a price of 44.42.

BP p.l.c stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price forecast for BP p.l.c stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, BP p.l.c reported its latest financial data, posting an outstanding climb for the Earnings per Share (EPS) ratio. Analyst expected $0.78 per share, but BP p.l.c posted $1.04.
BP earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.06n/a
2017-Q3-n/a0.12n/a
2017-Q4-n/a0.2n/a
2018-Q12018-05-010.670.7816.4%
2018-Q22018-07-310.850.850.0%
2018-Q32018-10-300.861.1533.7%
2018-Q42019-02-050.781.0433.3%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, BP p.l.c annual turnover boosted an exceptional 24.37% to $298,756.00 M USD from $240,208.00 marked in 2017. In contrast, its profit margin (compared to sales) inched to 3.14%, that is $9,383.00 million.

BP annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$242,550 M-$15,000 M6.2%-
2014$353,568 M45.77%$3,780 M1.1%-74.80%
2015$222,894 M-36.96%$-6,482.00 M-2.9%-271.48%
2016$183,008 M-17.89%$115 M0.1%-101.77%
2017$240,208 M31.26%$3,389 M1.4%2,846.96%
2018$298,756 M24.37%$9,383 M3.1%176.87%

Quarterly financial results

BP p.l.c reported $75,677.00 M in revenues for 2018-Q4, a -4.77% decline compared to previous quarter. Reported quarter earnings marked $766.00 M with a profit margin of 1.01%. Profit margin slightly fell a -3.20% compared to previous quarter when profit margin was 4.21%. When comparing revenues to same quarter last year, BP p.l.c sales marked an impressive growth and climbed a 11.59%.
BP quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$44,140 M-$112 M0.3%-
2017-Q3$60,018 M35.97%$1,769 M2.9%1,472.86%
2017-Q4$67,816 M12.99%$27 M0.0%-98.47%
2018-Q1$68,172 M0.52%$2,469 M3.6%9,044.44%
2018-Q2$75,439 M10.66%$2,799 M3.7%13.37%
2018-Q3$79,468 M5.34%$3,349 M4.2%19.65%
2018-Q4$75,677 M-4.77%$766 M1.0%-77.13%
2019-Q1$66,321 M-12.36%$2,934 M4.4%283.03%

BP p.l.c ownership

When you are planning to invest in shares of a company, it's worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For BP p.l.c, 0.03% of all outstanding shares are owned by its staff.

In case of BP p.l.c stock, 11.35% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for BP stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to BP p.l.c:

BPCOPCVXETOT
Market cap$127.4 B$59.9 B$218.0 B$55.8 B$133.8 B
Total shares3,400.0 M1,110.0 M1,900.0 M1,820.0 M2,600.0 M
Float shares3,320.0 M1,090.0 M1,900.0 M1,230.0 M2,480.0 M
  - Institutional holdings (%)11.3%75.1%67.5%1.7%6.1%
  - Insider holdings (%)0.0%0.1%0.1%0.0%0.0%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

BP p.l.c summary

Friday, October 18th, 2019
Open$37.62
Close$37.48
Day range$37.47 - $37.73
Previous close$37.76
Session gain-0.74%
Average true range$0.54
50d mov avg$37.35
100d mov avg$38.60
200d mov avg$39.90
Daily patternlt06a
Weekly pattern

BP p.l.c performance

To better understand BP p.l.c performance you must becnhmark its gains with other related stocks in same sector or industry. For BP p.l.c, the benchmark is made against , Chevron, ENI S.p.A, Total and Exxon Mobil.
Stock3m6m12m
BPBP p.l.c-2.88%-12.90%-9.56%
COP-9.90%-16.68%-23.92%
CVXChevron-7.30%-2.33%1.06%
EENI S.p.A-1.26%-6.24%-8.28%
TOTTotal-4.22%-6.74%-10.75%
XOMExxon Mobil-8.72%-14.67%-13.73%

BP p.l.c competitors

We chose a few stocks to conform a list of BP p.l.c competitors to examine if you are interested in investing in BP:

Latest BP p.l.c stock news