BP: 5% Yield, 4x P/E, Upside Potential [Seeking Alpha]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
bp.com/en/global/corporate/investors.html
Company Research
Source: Seeking Alpha
Leon NealIn recent days, stocks have skidded due to fears over persistently high inflation as well as higher interest rates. The sell-off, which has also led to a draw-down in petroleum prices, has created an opportunity to buy into BP (NYSE:) at a discounted valuation while investors can secure a very high (but also sustainable) dividend. Although there are risks to petroleum prices, BP has a very attractive risk profile right now and I believe shares have a lot of recovery potential from here!Petroleum prices are droppingOil prices have skidded lately due to growing economic concerns and the possibility of a more hawkish Fed. With concerns of slowing economic growth lingering over the market, petroleum prices have dropped to just ~$80 per barrelâ?¦ which is the lowest price since January 2022.Oilprice.comThe price of BPâ??s stock and the price of petroleum are not perfectly correlated, but there is definitely a positive relationship that investors can exploit. The tendency is for ri
Show less
Read more
Impact Snapshot
Event Time:
BP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BP alerts
High impacting BP p.l.c. news events
Weekly update
A roundup of the hottest topics
BP
News
- Senegal's New Leader Plans to Revisit Oil Deals with BP, Kosmos [Financial Post (Toronto, Ontario, Canada)]Financial Post
- How US oil production hit a record under Biden despite climate policies [Reuters]Reuters
- How the oil industry is thriving despite Joe Biden's climate policies [Yahoo! Finance]Yahoo! Finance
- BP (BP) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]Yahoo! Finance
- European shares muted ahead of economic data; H&M shines [Yahoo! Finance]Yahoo! Finance
BP
Earnings
- 2/7/24 - Miss
BP
Sec Filings
- 3/12/24 - Form F-3ASR
- 3/12/24 - Form 6-K
- 3/8/24 - Form 6-K
- BP's page on the SEC website