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This summary was created by AI, based on 4 opinions in the last 12 months.

The reviews from different experts on BP PLC stock are mixed. While some experts support the company's transition towards renewable energy and its commitment to reducing carbon emissions, others have concerns about the company's performance compared to other oil companies. There is also mention of the impact of oil prices on the stock and the overall difficulty in the face of renewables. Overall, the reviews indicate a combination of optimism and skepticism about BP PLC's future prospects.

Consensus
Mixed
Valuation
Fair Value
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TOP PICK
BP PLC

Our purpose is reimagining energy for people and our planet. We want to help the world reach net zero and improve people’s lives. We will aim to dramatically reduce carbon in our operations and in our production, and grow new low carbon businesses, products and services. We want to be an energy company with purpose; one that is trusted by society, valued by shareholders and motivating for everyone who works at bp. Social media mentions are up 1300% in the past 24h.

integrated oils
WEAK BUY
BP PLC

Case for energy is still there. Transitioning toward more renewable energy, low-carbon solutions. Long term, can make some sense. Oil price has recovered since pandemic days. Nice yield of 4.5%. In the space, his favourite name is SHEL. 

integrated oils
DON'T BUY
BP PLC

Depends on price of oil. Why buy foreign? Great oil companies in Canada like CNQ and SU, which do very well. Difficult environment in the face of renewables. Buying back shares, reducing debt, increasing dividend.

integrated oils
DON'T BUY
BP PLC

Large-cap oil will continue to do well. Using capital in shareholder-friendly ways. Lots of accidents over the years. Buying this takes on currency risk. Lots of great Canadian companies to own instead. He owns CNQ.

integrated oils
WAIT
BP PLC

He likes the energy space since there is a tight supply. You need to see a breakout above recent highs before buying. He prefers Shell on the international scale. Pays a 3.3% dividend.

integrated oils
PAST TOP PICK
BP PLC
(A Top Pick Aug 10/22, Up 19%)

One of the best performing major energy companies in the world.
Trades at cheaper price than other names in the sector.
Very good oil marketing & trading group.
Good capital allocation at company with share buybacks and debt reduction.
Expecting recovery of oil price going forward.

integrated oils
BUY
BP PLC

Buying back shares, increased dividend, paying down debt. Returning free cashflow to shareholders. Will continue to do that. Trying to be more environmentally friendly, but can't avoid that they're oil & gas. Capex will slowly go up. Throws up a lot of cash. Dividend is well supported.

integrated oils
DON'T BUY
BP PLC

Sell shares and buy Canadian energy instead.
Conventional oil production falling.
Misguided investments in renewables.
Not a good long term investment.

integrated oils
BUY
BP PLC
These companies had exploding capex, but then the world changed with ESG. So they paid down debt, bought back shares, increased dividends. Wants to be more in renewables, and his only issue is how much they pay for something. Undervalued. Doing all the right things. Non-aggressive capex, returning money to shareholders, and that's why it will continue to do well.
integrated oils
BUY
BP PLC
Likes the name. Technically, very sound. Quite cheap. Likes energy. Complete underinvestment in the energy space, so companies are returning capital to shareholders. He owns SHEL.
integrated oils
BUY
BP PLC
Given the cashflows and potential to raise dividends and do buybacks, you have to add large-cap, European integrated companies. Favours them over Canada, excluding SU, as they're not subject to the WCS discount. Great total return story the next few years. You could also look at SHEL or TTE. He'd buy here.
integrated oils
TOP PICK
BP PLC
Trades at a discount to peers. New CEO has transformed the company. Share buybacks, just raised dividend 10%. Nice balance between gas stations, LNG, offshore oil. Debt will continue to come down. Yield is 4.66%. (Analysts’ price target is $37.04)
integrated oils
PARTIAL SELL
BP PLC
Paying down debt, buying back shares, increasing dividend. Trying to be less into fossil fuels, more into renewables. Two risks: overspend on renewables, no clear vision on cost of capital. Oil is not sustainable at these high levels. In better shape than pre-Covid, lots of free cashflow. Good for now, but then think about Canadian oil companies that don't have the currency risk.
integrated oils
BUY
BP PLC
They're becoming an energy company and not merely oil and gas. They use their large cash flow to pay down debt and increase dividends. As they move into renewables, they concerned what their return on capital is. Oil prices are volatile but remain high, which is a plus. Could be some volatilty, but present share levels are fine.
integrated oils
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
BP PLC
(A Top Pick Apr 21/22, Down 10.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BP has triggered its stop at $28. To remain disciplined, we recommend covering the position at this time. This will result in a next investment loss of 3%, when combined with previous buy recommendations.
integrated oils
Showing 1 to 15 of 156 entries

BP PLC(BP-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 3

Stockchase rating for BP PLC is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

BP PLC(BP-N) Frequently Asked Questions

What is BP PLC stock symbol?

BP PLC is a American stock, trading under the symbol BP-N on the New York Stock Exchange (BP). It is usually referred to as NYSE:BP or BP-N

Is BP PLC a buy or a sell?

In the last year, 3 stock analysts published opinions about BP-N. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BP PLC.

Is BP PLC a good investment or a top pick?

BP PLC was recommended as a Top Pick by on . Read the latest stock experts ratings for BP PLC.

Why is BP PLC stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is BP PLC worth watching?

3 stock analysts on Stockchase covered BP PLC In the last year. It is a trending stock that is worth watching.

What is BP PLC stock price?

On 2024-12-11, BP PLC (BP-N) stock closed at a price of $30.33.