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

BP stock price: $36.86 1.57% At close on August 19th, 2019

Updated on:
August 19th, 2019

3

Shares of BP p.l.c ended today at $36.86 and inched a good 1.57%.

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?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to choose your own trading plan that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with BP p.l.c stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is BP p.l.c stock a buy?

Financial institutions and banks post stock ratings everyday. At Stocks2.com, we gathered 4 ratings published for BP stock in the last month.

The general sentiment of these ratings is bullish for BP stock, with 3 positive ratings.
Is BP a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-31Jefferies Financial GroupHoldBuy
2019-7-10Credit Suisse GroupOutperformNeutral
2019-4-16Royal Bank of CanadaTop PickOutperform
2019-3-7Deutsche Bankn/aBuy

BP p.l.c stock analysis

Daily outlook

Shares of BP p.l.c ended today at $36.86 and inched a good 1.57%.

BP p.l.c shares inched 1.57% to $36.86 today. Since price and SMA200d lines crossed down on Jul/15, BP fell $-3.68 per share (-9.08%). Since last May when SMA100d and SMA200d crossed up, BP price slipped $-4.12 per share (-10.05%).

BP stock chart (daily)

Weekly outlook

After sliding for 4 weeks, this week BP p.l.c grew a beatiful 1.57%, closing at $36.86. This week broke a red streak of 4 weeks. By mid July BP collapsed a terrible -5.05% in just one week.

Weekly chart tells us that price is in a simple uptrend, tested $35.73 level and now climbing back aiming its last top at $43.99. Since mid July, when BP stock price broke down the 40-weeks moving avarage line, it slid $-3.68 per share (-9.08%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Since late April when SMA20w and SMA40w crossed up, BP price slipped $-5.12 per share (-12.20%).

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 September at $44.41, and all-time highs 2018-05-21 with a price of 44.42.

BP p.l.c stock price target is $46.60

Nobody can reliably foresee how stock prices may evolve in the future. 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. We have 2 price predictions for BP p.l.c stock published in the last month:
BP stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-31Jefferies Financial GroupUpgrades$46.30$48.605%
2019-4-16Royal Bank of CanadaDowngradesn/a$44.65-
(in average)$46.30$46.601.0%
The price target for BP p.l.c stock is $46.60, moving in a range between $48.60 and $44.65. In average, analysts' outlook on BP price target is stable from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

BP p.l.c presented super good results for 2018-Q4 on February. BP p.l.c boosted Earnings per Share (EPS) by 33.30%, beating analysts of $0.78. 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 revenues rocketed an astounding 24.37% to $298,756.00 million USD from $240,208.00 marked in 2017. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) raised a 1.73% to 3.14%.

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 posted $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 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 a wonderful increase 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 stock, it's always worth to review 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$125.3 B$58.2 B$220.0 B$52.7 B$125.3 B
Total shares3,400.0 M1,130.0 M1,900.0 M1,820.0 M2,610.0 M
Float shares3,320.0 M1,110.0 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

Monday, August 19th, 2019
Open$36.73
Close$36.86
Day range$36.62 - $36.95
Previous close$36.29
Session gain1.57%
Average true range$0.71
50d mov avg$39.30
100d mov avg$40.62
200d mov avg$40.03
Daily patternlt02a
Weekly pattern lb01a

BP p.l.c performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same 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-10.27%-10.45%-9.86%
COP-16.70%-25.92%-24.83%
CVXChevron-2.92%-1.00%2.30%
EENI S.p.A-9.38%-12.92%-15.51%
TOTTotal-11.21%-12.47%-15.95%
XOMExxon Mobil-8.91%-10.00%-8.73%

BP p.l.c competitors

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

Latest BP p.l.c stock news