Latest Articles
-
What’s Happening With BP Stock?
BP plc stock (NYSE: BP) is up roughly 15% year-to-date, slightly outpacing the S&P 500’s 12% gain. The stock has grabbed attention recently with a major oil discovery at the Bumerangue prospect offshore Brazil—its largest in about 25 years, ...
-
What the Shell-BP Rumor Reveals About BP’s Future
Shell denied a takeover but the rumor highlights what investors are starting to see: BP’s deep discount and strategic pivot may be ripe for revaluation. BP plc stock (NYSE: BP) surged as much as 10% intraday on June 25 after The Wall Street Jou...
-
What’s New With BP Stock?
BP plc stock (NYSE: BP) is up around 7% year-to-date, slightly outpacing the S&P 500’s 2% gain. Trading at approximately $32 per share, the British oil major appears cheap on a relative valuation basis – but the underlying narrative is...
-
BP Stock Down 14% This Year, What’s Next?
Despite a 14% decline in its stock price this year, bringing it to approximately $29 per share, we believe BP plc stock (NYSE: BP) has the potential for long-term growth. Although the ongoing geopolitical conflict poses risks that may impact oil...
-
Down 7% This Year, What’s Next For BP Stock?
With the stock down 7% so far this year, at the current price of around $32 per share, we believe BP plc stock (NYSE: BP), a European integrated energy major, could go higher in the long term. BP’s underlying replacement cost (RC) profit (...
-
BP Stock Flat This Year, What Now?
With the stock flat so far this year, at the current price of around $35 per share, we believe BP plc stock (NYSE: BP), a European integrated energy major, could go higher in the long term. BP’s underlying replacement cost (RC) profit was ...
-
BP Stock Up 7% This Year, What’s Next?
After a 7% increase so far this year, at the current price of around $38 per share, we believe BP plc stock (NYSE: BP), a European integrated energy major, could go higher in the long term. BP’s underlying replacement cost (RC) operating p...
-
Flat Since The Beginning of 2023, Where is BP Stock Headed?
After almost being flat since the beginning of this year, at the current price of around $35 per share, we believe BP plc stock (NYSE: BP), a European integrated energy major, could go higher in the long term. BP stock has increased only 1% year...
-
What’s Happening With BP Stock?
After a small 3% rise over the last six months, at the current price of around $35 per share, we believe BP plc stock (NYSE: BP), a European integrated energy major, could go higher in the long term. BP stock has increased from around $34 to $35...
-
BP Stock Up 11% Over Last Month. What’s Next?
BP plc stock (NYSE: BP), a European integrated energy major, has increased by 11% over the last twenty-one trading days (one month) and currently stands at around $34. BP’s recent financial performance has been supported by higher energy prices,...
-
BP Stock Up 8% Over Last Month. Will It Continue?
BP plc stock (NYSE: BP), a European integrated energy major, has increased by 8% over the last twenty-one trading days (one month) and currently stands at around $30. Due to the record oil and gas prices, BP reported a robust Q2 and increased it...
-
Should A Benchmark Price Correction Weigh Heavily On BP Stock?
The shares of BP (NYSE: BP) have retained their strength despite incurring $14 billion impairments associated with its stake in Rosneft. It has largely been due to the high price environment which has pushed the carrying value of inventories on...
-
Will Uncertain Times Last Longer For BP Stock?
In accordance with sanctions imposed by Western countries, BP (NYSE: BP) announced an end to its partnership with Rosneft, the large Russian energy company. Per recent filings, BP has a 19.75% stake in Rosneft with a carrying value of $14 billi...
-
BP Stock Remains A Long-Term Bet
[Updated 12/17/2021] Historically, BP’s (NYSE: BP) earnings have been primarily dependent on the oil & gas business resulting in fluctuating asset returns, fairly in line with benchmark oil prices. The Brent benchmark increased from $54 i...
-
Why BP Stock Is A Good Alternative For Oil Investors
[Updated 2021/11/03] In the recent earnings release, BP (NYSE: BP) announced a $1.25 billion share repurchase program given the sizable improvement in cash flows from rising oil prices. The company remains committed toward expanding its renew...
