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LON:BP.B

BP PLC 9 Percent Preferred Shares (BP.B) Share Price, News & Analysis

GBX 158
-2.00 (-1.25%)
(As of 09/6/2024 04:36 AM ET)
Today's Range
158
160
50-Day Range
152
166
52-Week Range
128
166
Volume
10,740 shs
Average Volume
6,292 shs
Market Capitalization
£31.62 billion
P/E Ratio
N/A
Dividend Yield
5.70%
Price Target
N/A
BP.B stock logo

About BP PLC 9 Percent Preferred Shares Stock (LON:BP.B)

BP p.l.c. engages in energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, field development, and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power and natural gas liquids (NGLs). This segment also engages in the ownership and management of crude oil and natural gas pipelines; processing facilities and export terminals; and LNG processing facilities and transportation, as well as in NGLs processing business. The Downstream segment refines, manufactures, markets, transports, supplies, and trades in crude oil, petroleum, and petrochemical products and related services to wholesale and retail customers. It offers gasoline, diesel, and aviation fuel; lubricants, and related products and services to the automotive, industrial, marine, and energy markets under the Castrol, BP, and Aral brands; and petrochemical products, such as purified terephthalic acid, paraxylene, acetic acid, olefins and derivatives, and specialty petrochemical products. The Rosneft segment engages in the exploration and production of hydrocarbons, as well as jet fuel, bunkering, bitumen, and lubricants activities. This segment also owns and operates 13 refineries in Russia; and approximately 2,960 retail service stations in Russia and internationally. The company also produces ethanol, bio-isobutanol, bio-power, and solar energy; transports hydrocarbon products through time-chartered and spot-chartered vessels; and holds interests in onshore wind sites. BP p.l.c. was founded in 1889 and is headquartered in London, the United Kingdom.

BP.B Stock Price History

BP.B Stock News Headlines

Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
BP PLC ADR rises Monday, still underperforms market
Wells Fargo Keeps Their Hold Rating on BP (BP)
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
BP PLC ADR rises Thursday, outperforms market
See More Headlines
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Industry, Sector and Symbol

Industry
Oil & Gas Integrated
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
69,600
Year Founded
N/A

Profitability

Net Income
£7.37 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£199.76 billion
Cash Flow
GBX 147.91 per share
Book Value
GBX 404 per share

Miscellaneous

Outstanding Shares
20,010,000,000
Free Float
N/A
Market Cap
£31.62 billion
Optionable
Not Optionable
Beta
0.52
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Key Executives

  • Mr. Robert Warren Dudley (Age 64)
    Group CEO & Exec. Director
  • Dr. Brian Gilvary (Age 57)
    Group CFO & Exec. Director
  • Mr. David Eyton (Age 58)
    Group Head of Technology
  • Dr. Angela R. E. Strank (Age 66)
    Chief Scientist & Head of Technology - Downstream
  • Mr. Craig Marshall
    Group Head of Investor Relations

Should I Buy BP PLC 9 Percent Preferred Shares Stock? BP.B Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in BP PLC 9 Percent Preferred Shares:

  • BP PLC 9 Percent Preferred Shares hit a new 52-week high at $166.00, indicating positive momentum in the stock price.
  • The company operates in the energy sector, which can provide stable returns and potential for growth due to global energy demand.
  • BP p.l.c. has a market capitalization of £32.02 billion, showcasing its size and stability in the market.
  • The company's diversified business segments, including Upstream, Downstream, and Rosneft, provide exposure to different aspects of the energy industry.
  • With a debt-to-equity ratio of 79.91, BP PLC 9 Percent Preferred Shares may offer attractive financing options for expansion and investment.

Cons

Investors should be bearish about investing in BP PLC 9 Percent Preferred Shares for these reasons:

  • The company's P/E ratio of -2.24 may raise concerns about its profitability and valuation compared to industry peers.
  • BP PLC 9 Percent Preferred Shares have a beta of 0.52, indicating lower volatility compared to the market, potentially limiting short-term trading opportunities.
  • While the stock has shown positive price performance, investors should consider the impact of external factors such as geopolitical events and regulatory changes on the energy sector.
  • The quick ratio of 0.62 may suggest potential liquidity challenges for the company in meeting short-term obligations.
  • Investors should closely monitor the company's financial reports and industry trends to assess the long-term sustainability of BP PLC 9 Percent Preferred Shares.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 3, 2024. Please send any questions or comments about these BP PLC 9 Percent Preferred Shares pros and cons to contact@marketbeat.com.

BP.B Stock Analysis - Frequently Asked Questions

How have BP.B shares performed this year?

BP PLC 9 Percent Preferred Shares' stock was trading at GBX 146.50 on January 1st, 2024. Since then, BP.B shares have increased by 7.8% and is now trading at GBX 158.
View the best growth stocks for 2024 here
.

How do I buy shares of BP PLC 9 Percent Preferred Shares?

Shares of BP.B stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of BP PLC 9 Percent Preferred Shares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BP PLC 9 Percent Preferred Shares investors own include ServiceNow (NOW), Broadcom (AVGO), Airbus (AIR), American Express (AXP), Alibaba Group (BABA), Salesforce (CRM) and Cisco Systems (CSCO).

This page (LON:BP.B) was last updated on 9/7/2024 by MarketBeat.com Staff

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