BP p.l.c stock: buy or sell?
Updated on:
August 19th, 2019
3
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 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?
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.| Date | Analyst / Broker | Previous rating | Current rating |
| 2019-7-31 | Jefferies Financial Group | Hold | Buy |
| 2019-7-10 | Credit Suisse Group | Outperform | Neutral |
| 2019-4-16 | Royal Bank of Canada | Top Pick | Outperform |
| 2019-3-7 | Deutsche Bank | n/a | Buy |
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%).
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 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:| Date | Analyst / Broker | Action | Previous target | Current target | Diff |
| 2019-7-31 | Jefferies Financial Group | Upgrades | $46.30 | $48.60 | 5% |
| 2019-4-16 | Royal Bank of Canada | Downgrades | n/a | $44.65 | - |
| (in average) | $46.30 | $46.60 | 1.0% |
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.| 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
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%.| 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 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%.| 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 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:
| BP | COP | CVX | E | TOT | |
|---|---|---|---|---|---|
| Market cap | $125.3 B | $58.2 B | $220.0 B | $52.7 B | $125.3 B |
| Total shares | 3,400.0 M | 1,130.0 M | 1,900.0 M | 1,820.0 M | 2,610.0 M |
| Float shares | 3,320.0 M | 1,110.0 M | 1,900.0 M | 1,230.0 M | 2,480.0 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 selling | 0.0% | 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 gain | 1.57% |
| Average true range | $0.71 |
| 50d mov avg | $39.30 |
| 100d mov avg | $40.62 |
| 200d mov avg | $40.03 |
| Daily pattern | lt02a |
| 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.| Stock | 3m | 6m | 12m |
|---|---|---|---|
| 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
- 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