BP p.l.c stock: buy or sell?
Updated on:
October 18th, 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?
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 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 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.| Date | Analyst / Broker | Previous rating | Current rating |
| 2019-9-2 | JPMorgan Chase & Co. | n/a | Buy |
| 2019-9-18 | JPMorgan Chase & Co. | n/a | Buy |
| 2019-9-16 | Sanford C. Bernstein | n/a | Buy |
| 2019-9-16 | Kepler Capital Markets | n/a | Buy |
| 2019-9-16 | Berenberg Bank | n/a | Buy |
| 2019-9-12 | Royal Bank of Canada | n/a | Outperform |
| 2019-9-12 | JPMorgan Chase & Co. | n/a | Buy |
| 2019-9-12 | JPMorgan Chase & Co. | n/a | Overweight |
| 2019-9-11 | HSBC | n/a | Buy |
| 2019-9-11 | Grupo Santander | Hold | Buy |
| 2019-9-10 | Barclays | n/a | Buy |
| 2019-8-30 | Morgan Stanley | n/a | Overweight |
| 2019-8-30 | JPMorgan Chase & Co. | n/a | Buy |
| 2019-8-28 | UBS Group | n/a | Buy |
| 2019-8-28 | Berenberg Bank | n/a | Buy |
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.
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 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.| 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 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.| 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 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%.| 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 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:
| BP | COP | CVX | E | TOT | |
|---|---|---|---|---|---|
| Market cap | $127.4 B | $59.9 B | $218.0 B | $55.8 B | $133.8 B |
| Total shares | 3,400.0 M | 1,110.0 M | 1,900.0 M | 1,820.0 M | 2,600.0 M |
| Float shares | 3,320.0 M | 1,090.0 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
| 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 pattern | lt06a |
| 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.| Stock | 3m | 6m | 12m |
|---|---|---|---|
| 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
- 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