BP (BP)

Learn everything you need to know about BP and find links to beginner-friendly guides that show you the best way to invest in it.
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Updated: Feb 15, 2023
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About BP

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What is BP?

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BP, formerly British Petroleum, is a multinational oil and gas company headquartered in London, England. It was founded in 1909 as the Anglo-Persian Oil Company and has since grown into one of the world’s largest oil and gas companies, with operations in over 70 countries.

Its services include various offerings related to the oil and gas industry, such as exploration and production, refining and marketing, and trading and shipping. The company also offers products and services related to renewable energy, such as wind and solar power.

How does BP make money?

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BP makes money primarily by exploring, producing, and selling oil and gas. The company has a big presence in the upstream sector, which involves exploration and production activities. It also has a strong downstream presence, which includes refining, marketing, and distributing oil and gas products.

Alongside its core oil and gas operations, BP has expanded into other areas, such as renewable energy, petrochemicals, and lubricants. The company is also involved in trading and shipping activities and is heavily involved in the aviation fuel market.

What is BP’s best selling product?

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BP’s best selling product is undoubtedly crude oil. The company produces and sells millions of barrels of crude oil daily, making it one of the largest oil producers in the world. In addition to crude oil, BP also produces and sells natural gas, refined petroleum products (such as gasoline, diesel, and jet fuel), and petrochemicals.

Who are the key executives at BP?

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Here is a list of the leadership team at BP.

  • Bernard Looney. CEO
  • Murray Auchincloss. CFO
  • Gordon Birrell. EVP of production, operations, and exploration
  • William Lin. EVP of regions, cities, and solutions
  • Giulia Chierchia. EVP of strategy and sustainability
  • Lamar McKay. Deputy group CEO and chairman of BP America
  • Eric Nitcher. Chief of staff and director of governance and strategy

Where can I buy shares in BP?

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You can buy BP stock on a stock trading platform. These platforms are extremely simple to use but there are different options to suit your specific needs. If you are a first-time investor you might want to use a trading platform for beginners, while if you plan on doing a lot of trading from your phone, a stock trading app might be best.

Are there any other ways to invest in BP?

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The simplest way to invest in BP is to buy shares through a stock broker. However, you can also invest through an ETF or a fund. The best ETFs allow you to invest in the stock market more generally rather than focus on one company.

BP is part of the Nasdaq index, so you can invest in an ETF that tracks that index, or choose an energy ETF that lets you own a basket of related stocks from the same industry.

More about the BP price

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What is the BP stock price today?

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The BP stock price today is currently $40.97 as of 14 February 2023. The price of BP is up 27.50% over the past 52 weeks. You can use the live BP stock chart to track the NASDAQ:BP price in real time above, or compare the BP value today to its past performance using the BP financials tab at the top of this page.

What is the 52-week low for BP stock?

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The 52-week low for BP stock is $25.37. BP stock is currently 61.87% above the 52-week low.

What is the 52-week high for BP stock?

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The 52-week high for BP stock is $41.38. BP stock is currently 1.02% below the 52-week high.

What is the stock forecast for BP?

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The average BP stock forecast has a price target of $41.51 by the end of 2023. BP’s latest financial results, the broader economic outlook, and the industry’s competition all influence these forecasts.

It’s best to take analyst forecasts with a grain of salt but you can use their estimates to help you understand the weight of opinion about a stock.

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FAQs

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Latest BP news

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Recent BP analysis

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Sources & references
Risk disclaimer
Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.