About BPCopy link to section
What is BP?Copy link to section
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?Copy link to section
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?Copy link to section
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?Copy link to section
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?Copy link to section
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?Copy link to section
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.
More about the BP priceCopy link to section
What is the BP stock price today?Copy link to section
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?Copy link to section
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?Copy link to section
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?Copy link to section
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.
More stock guidesCopy link to section
FAQsCopy link to section
BP’s market capitalisation is $123.86 billion. This is calculated by multiplying the number of shares that have been issued by the current BP share price. Another way of measuring this is enterprise value, which includes BP’s debt obligations. BP’s enterprise value is $145.22 billion.
BP (formerly known as the Anglo-Persian Oil Company and later British Petroleum) went public in 1979. Its IPO was listed on the London Stock Exchange and the New York Stock Exchange, and it was one of the largest IPOs of its time. Since then, BP has remained a publicly traded company, with its shares traded on various stock exchanges worldwide.
The largest institutional holder of BP stock is Arrowstreet Capital, which owns 0.90% of the company. The second largest holder is State Street, which owns 0.80%. In total, 1,197 institutions own BP shares.
BP operates in the oil and gas sector and has several large competitors. Here’s a brief selection of some of its biggest competitors.
BP has had a total of five stock splits in its history. The first was back in 1973 and the most recent in 1999. Each split was a 2-for-1, meaning existing shareholders received an additional share for each one they owned.
Yes, BP has had five stock splits in its history, each of which has been a 2-for-1 split.
BP reports earnings four times a year every quarter. Usually, it reports in February, May, August, and November.
Yes, its current yield is 3.55%.
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >