Now trading at a price of $35.03, BP p.l.c. has moved 0.8% so far today.
Over the last year, BP p.l.c. logged a -0.1% change, with its stock price reaching a high of $41.38 and a low of $33.14. Over the same period, the stock underperformed the S&P 500 index by -16.3%. As of April 2023, the company's 50-day average price was $36.91. BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. Based in London, United Kingdom, the large-cap Energy company has 67,600 full time employees. BP p.l.c. has returned a 0.8% dividend yield over the last 12 months, but the company's patchy cash flow history may not sustain it for much longer.
Negative Cash Flows With a Flat Trend:
| 2015 | 2016 | |
|---|---|---|
| Revenue (MM) | $225,982 | $225,982 |
| Revenue Growth | n/a | 0.0% |
| Operating Margins | -4% | 0% |
| Net Margins | -3% | 0% |
| Net Income (MM) | -$6,400 | $172 |
| Net Interest Expense (MM) | $1,065 | $1,221 |
| Depreciation & Amort. (MM) | $15,219 | $15,219 |
| Free Cash Flow (MM) | -$947 | -$2,071 |
| Capital Expenditures (MM) | $20,080 | $21,204 |
BP p.l.c. has consistently negative margins with a positive growth rate, negative expected EPS Growth, and a highly leveraged balance sheet. BP p.l.c. has weak revenue growth and a flat capital expenditure trend.
BP p.l.c. Is Fairly Priced to Earnings but Overpriced Compared to Its Book Value:
BP p.l.c. has a trailing twelve month P/E ratio of 4.4, compared to an average of 8.53 for the Energy sector. Based on its EPS guidance of $5.27, the company has a forward P/E ratio of 7.0. Furthermore, BP p.l.c. is likely overvalued compared to the book value of its equity, since its P/B ratio of 8.32 is higher than the sector average of 1.78.
BP p.l.c. Has an Average Rating of Buy:
The 15 analysts following BP p.l.c. have set target prices ranging from $38.0 to $62.0 per share, for an average of $44.9 with a buy rating. As of April 2023, the company is trading -17.8% away from its average target price, indicating that there is an analyst consensus of strong upside potential.
The largest shareholder is State Street Corporation, whose 1% stake in the company is worth $751,626,037.
