BP (BP) Projected to Post Quarterly Earnings on Tuesday

BP (NYSE:BP - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Tuesday, April 29th. Analysts expect BP to post earnings of $0.65 per share and revenue of $40.12 billion for the quarter.

BP (NYSE:BP - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The oil and gas exploration company reported $0.44 earnings per share for the quarter, missing analysts' consensus estimates of $0.56 by ($0.12). BP had a net margin of 0.20% and a return on equity of 10.96%. On average, analysts expect BP to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

BP Stock Performance

Shares of BP stock traded up $0.17 during mid-day trading on Friday, reaching $29.17. The stock had a trading volume of 5,316,864 shares, compared to its average volume of 9,535,560. BP has a 1-year low of $25.22 and a 1-year high of $39.66. The company has a current ratio of 1.25, a quick ratio of 0.97 and a debt-to-equity ratio of 0.70. The firm has a market cap of $79.19 billion, a price-to-earnings ratio of 364.67, a PEG ratio of 1.12 and a beta of 0.41. The business's fifty day moving average is $31.29 and its 200-day moving average is $30.82.

BP Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 21st were issued a dividend of $0.48 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.92 annualized dividend and a dividend yield of 6.58%. BP's dividend payout ratio (DPR) is presently 2,375.00%.

Analysts Set New Price Targets

A number of brokerages have issued reports on BP. Royal Bank of Canada reissued a "sector perform" rating on shares of BP in a report on Tuesday, January 14th. Morgan Stanley lowered their price target on shares of BP from $34.70 to $31.80 and set an "equal weight" rating on the stock in a report on Tuesday, January 7th. Wolfe Research set a $50.00 price objective on shares of BP in a research report on Tuesday, January 14th. Scotiabank dropped their price objective on BP from $34.00 to $30.00 and set a "sector perform" rating on the stock in a report on Friday, April 11th. Finally, Wells Fargo & Company increased their price objective on shares of BP from $30.00 to $37.00 and gave the company an "equal weight" rating in a report on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating, two have given a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, BP presently has an average rating of "Hold" and an average target price of $36.73.

About BP

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.

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