BP p.l.c. (NYSE:BP – Free Report) – Investment analysts at Zacks Research lowered their Q3 2025 EPS estimates for shares of BP in a research note issued on Wednesday, December 11th. Zacks Research analyst R. Department now expects that the oil and gas exploration company will post earnings of $1.07 per share for the quarter, down from their prior forecast of $1.08. The consensus estimate for BP’s current full-year earnings is $3.55 per share. Zacks Research also issued estimates for BP’s FY2025 earnings at $3.90 EPS.
A number of other research firms have also recently commented on BP. Redburn Atlantic cut BP from a “buy” rating to a “neutral” rating in a report on Tuesday, September 24th. The Goldman Sachs Group raised shares of BP to a “strong-buy” rating in a report on Friday, October 11th. Scotiabank downgraded shares of BP from a “sector outperform” rating to a “sector perform” rating and reduced their price target for the company from $42.00 to $36.00 in a report on Thursday, October 10th. StockNews.com raised shares of BP from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. Finally, Wells Fargo & Company reduced their target price on BP from $33.00 to $31.00 and set an “equal weight” rating on the stock in a report on Monday, December 9th. Eleven investment analysts have rated the stock with a hold rating, five have issued a buy rating and four have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $42.48.
BP Stock Performance
Shares of NYSE BP opened at $29.08 on Monday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.22 and a quick ratio of 0.94. BP has a 1 year low of $27.82 and a 1 year high of $40.40. The firm has a fifty day moving average price of $29.95 and a 200-day moving average price of $32.68. The stock has a market cap of $77.70 billion, a PE ratio of 30.61, a price-to-earnings-growth ratio of 2.13 and a beta of 0.64.
BP (NYSE:BP – Get Free Report) last posted its quarterly earnings data on Tuesday, October 29th. The oil and gas exploration company reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.05. BP had a return on equity of 12.91% and a net margin of 1.36%. The firm had revenue of $47.25 billion for the quarter, compared to analysts’ expectations of $52.05 billion. During the same period in the previous year, the firm earned $1.15 EPS. The business’s quarterly revenue was down 11.3% on a year-over-year basis.
Institutional Trading of BP
Institutional investors have recently added to or reduced their stakes in the stock. Independence Bank of Kentucky grew its holdings in shares of BP by 85.7% in the second quarter. Independence Bank of Kentucky now owns 1,300 shares of the oil and gas exploration company’s stock valued at $47,000 after purchasing an additional 600 shares in the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in shares of BP in the second quarter worth $75,000. ORG Partners LLC raised its stake in shares of BP by 32.5% in the third quarter. ORG Partners LLC now owns 2,533 shares of the oil and gas exploration company’s stock valued at $80,000 after acquiring an additional 621 shares in the last quarter. Future Financial Wealth Managment LLC purchased a new position in BP in the third quarter valued at $91,000. Finally, Anchor Investment Management LLC grew its stake in BP by 58.7% during the 3rd quarter. Anchor Investment Management LLC now owns 3,120 shares of the oil and gas exploration company’s stock worth $98,000 after purchasing an additional 1,154 shares in the last quarter. Institutional investors and hedge funds own 11.01% of the company’s stock.
BP Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, November 8th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 6.60%. The ex-dividend date of this dividend is Friday, November 8th. BP’s dividend payout ratio is presently 200.00%.
BP Company Profile
BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.
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