BP p.l.c stock: buy or sell?
Updated on:
April 2nd, 2020
2
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. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.Currently, BP p.l.c stock doesn't match any of these trading strategies, so our recommendation is not to buy.
| Buy setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
Is BP p.l.c stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.
Unfortunately, we couldn't detect any rating for BP stock for the last month.BP p.l.c stock analysis
Daily outlook
Shares of BP p.l.c ended today at $26.05 and skyrocketed a dazzling 6.89%.
BP p.l.c shares skyrocketed 6.89% to $26.05 today. Since last January when BP stock price broke down the SMA200d line, it slid $-12.06 per share (-31.65%). From a daily perspective, BP is in a short term uptrend after plotting its last bottom ($22.08, on Friday) higher than the previous bottom, and its last top ($25.84, on Mar/31) 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 $25.84 or down under $22.08.
Weekly outlook
Shares of BP p.l.c rocketed an extraordinary 16.55% this week. By mid March BP collapsed a chilling -27.49% in just one week.
BP p.l.c stock price history
BP p.l.c stock historical price chart
BP stock reached 52-week highs at $42.57, and all-time highs 2018-05-21 with a price of 42.99.
BP p.l.c stock price target
How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. 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
BP p.l.c presented super good results for 2018-Q4 . BP p.l.c boosted Earnings per Share (EPS) by 33.30%, beating analysts consensus of $0.78. BP p.l.c posted $1.04.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | 0.06 | n/a |
| 2017-Q3 | - | n/a | 0.12 | n/a |
| 2017-Q4 | - | n/a | 0.2 | n/a |
| 2018-Q1 | 2018-05-01 | 0.67 | 0.78 | 16.4% |
| 2018-Q2 | 2018-07-31 | 0.85 | 0.85 | 0.0% |
| 2018-Q3 | 2018-10-30 | 0.86 | 1.15 | 33.7% |
| 2018-Q4 | 2019-02-05 | 0.78 | 1.04 | 33.3% |
| 2019-Q1 | - | n/a | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/a |
Annual financial results
Compared to 2017, last anual turnover report draw a super good gain of 24.37% to $298,756.00 M USD. When comparing 2018 vs 2017, in contrary, profit margin (that is, the net income divided by revenues) inched a 1.73% to 3.14%.| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2013 | $242,550 M | - | $15,000 M6.2% | - |
| 2014 | $353,568 M | 45.77% | $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 M | 31.26% | $3,389 M1.4% | 2,846.96% |
| 2018 | $298,756 M | 24.37% | $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 income marked $766.00 million with a profit margin of 1.01%. Profit margin decreased a -3.20% compared to previous quarter when profit margin was 4.21%. When comparing sales to same quarter last year, BP p.l.c sales marked an impressive growth and climbed a 11.59%.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q2 | $44,140 M | - | $112 M0.3% | - |
| 2017-Q3 | $60,018 M | 35.97% | $1,769 M2.9% | 1,472.86% |
| 2017-Q4 | $67,816 M | 12.99% | $27 M0.0% | -98.47% |
| 2018-Q1 | $68,172 M | 0.52% | $2,469 M3.6% | 9,044.44% |
| 2018-Q2 | $75,439 M | 10.66% | $2,799 M3.7% | 13.37% |
| 2018-Q3 | $79,468 M | 5.34% | $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 buy shares of a stock, it's always worth to review its ownership structure.BP p.l.c shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.02% of all shares.
In case of BP p.l.c stock, 11.04% 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:
| BP | |
|---|---|
| Market cap | $88.0 B |
| Total shares | 3,380.0 M |
| Float shares | 3,310.0 M |
| - Institutional holdings (%) | 11.0% |
| - Insider holdings (%) | 0.0% |
| Shares in short selling | 0.0% |
BP p.l.c summary
| Thursday, April 2nd, 2020 | |
|---|---|
| Open | $25.97 |
| Close | $26.05 |
| Day range | $25.07 - $27.55 |
| Previous close | $24.37 |
| Session gain | 6.89% |
| Average true range | $2.38 |
| 50d mov avg | $30.06 |
| 100d mov avg | $33.79 |
| 200d mov avg | $35.46 |
| Daily pattern | lt06a |
| Weekly pattern | lb06a |
BP p.l.c performance
To measure stock performance is always good to compare with competitors or related stocks. We chose as the bechmarking frame for BP p.l.c stock.| Stock | 3m | 6m | 12m |
|---|---|---|---|
| BPBP p.l.c | -31.75% | -27.17% | -37.63% |
BP p.l.c competitors
Unfortunately, we could not find any public company that could be defined as BP p.l.c competitor. This doesn't mean BP p.l.c does not have any competitor in the market, it's just we could not detected it.Latest BP p.l.c stock news
- Seeking AlphaBP Set To Expand Massive U.K. Oil FieldSeptember 14, 2018
- InvestorPlaceBP Plc Stock Has Become One of Better Picks Energy PatchAugust 29, 2018
- Seeking AlphaBP Delivers An Outstanding Quarter And Gets Thumped By The MarketAugust 20, 2018
- Seeking AlphaBP And PetroChina Set To Rake In Billions Developing Iraq's Super-Massive Rumaila Oil FieldAugust 17, 2018
- Seeking AlphaBP Reviving Massive Trinidad And Tobago OperationsAugust 15, 2018