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

BP stock price: $26.05 6.89% At close on April 2nd, 2020

Updated on:
April 2nd, 2020

2

BP p.l.c ended today at $26.05 and skyrocketed a dazzling 6.89%. On Friday BP plunged a frightening -9.26%.

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 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 slide 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?

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.

BP stock chart (daily)

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 stock chart (weekly)

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.
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

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%.

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 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%.
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 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 shares3,380.0 M
Float shares3,310.0 M
  - Institutional holdings (%)11.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

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 gain6.89%
Average true range$2.38
50d mov avg$30.06
100d mov avg$33.79
200d mov avg$35.46
Daily patternlt06a
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.
Stock3m6m12m
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.

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