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Markets extend lossesThis summary was created by AI, based on 4 opinions in the last 12 months.
BP PLC is currently navigating a challenging landscape with softening oil prices and elevated debt levels, despite being considered the cheapest oil company by some experts. The new CEO is expected to unveil a strategy involving asset sales to alleviate debt and boost share prices, which presents a cautiously optimistic outlook. The company's commitment to reimagining energy for the future is emphasized, with an aim to significantly reduce carbon emissions while expanding into low-carbon businesses and services. Notably, there has been a remarkable increase in social media engagement, reflecting growing public interest in BP's new direction. However, opinions vary on the best investment choices within the energy sector, suggesting a mixed sentiment towards BP compared to its competitors.
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.
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
In the last year, 4 stock analysts published opinions about BP-N. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BP PLC.
BP PLC was recommended as a Top Pick by on . Read the latest stock experts ratings for BP PLC.
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.
4 stock analysts on Stockchase covered BP PLC In the last year. It is a trending stock that is worth watching.
On 2025-04-03, BP PLC (BP-N) stock closed at a price of $31.56.
It's the cheapest oil company. Are buying back stock an are increasing the dividend, but they let their debt get too high. Then, oil prices softened. We likes the new CEO, though, and will announce a new strategy. He expects asset sales to reduce debt and eventually raise share prices.