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BP PLC (GB:BP.B)
LSE:BP.B
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BP plc
(LSE:BP.B)
74Outperform
BP plc (BP.B) vs. S&P 500 (SPY)
Market Cap
£66.56B
Dividend YieldN/A
Average Volume (3M)5.22K
Price to Earnings (P/E)―
Beta (1Y)0.03
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees65,835
SectorEnergy
Sector Strength64
IndustryFossil Fuels
Share Statistics
EPS (TTM)N/A
Shares Outstanding5,473,414
10 Day Avg. Volume6,467
30 Day Avg. Volume5,223
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.40
Price to Cash Flow (P/CF)5.10
P/FCF Ratio9.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
BP plc Business Overview & Revenue Model
Company DescriptionBP plc (BP.B) is a British multinational oil and gas company headquartered in London, England. As one of the world's largest energy companies, BP operates across all areas of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation, and trading. The company also has renewable energy interests, with investments in biofuels, wind power, and solar technology, reflecting its commitment to transitioning towards a lower carbon future.
How the Company Makes MoneyBP plc generates revenue primarily through the exploration, extraction, and sale of oil and natural gas, as well as refining and marketing oil products. The company's upstream operations involve locating and extracting crude oil and natural gas, which are then processed and sold. BP's downstream operations include refining crude oil into usable products such as gasoline, diesel, and other petrochemicals, which are then marketed and distributed through various channels, including retail and wholesale. Additionally, BP engages in trading activities, leveraging its global presence to optimize the buying and selling of oil, gas, and refined products. The company also earns income from its renewable energy ventures, although these currently constitute a smaller portion of its total revenue. Partnerships and joint ventures in various geographies further enhance BP's ability to capitalize on diverse markets and resources.
BP plc Financial Statement Overview
Summary
BP plc faces challenges with declining revenues and profitability pressures, as evidenced by low net profit margins and reduced EBIT. The balance sheet shows increased leverage, raising financial risk, though the company maintains reasonable equity levels. Cash flow generation remains strong, providing a cushion against profitability challenges. Overall, BP needs to address its operational inefficiencies and manage its leverage to enhance financial health.Income Statement
BP plc has shown a fluctuating revenue trend, with a noticeable decline in recent years. The gross profit margin for the latest year is approximately 15.99%, indicating moderate profitability. However, the net profit margin is quite low at 0.20%, signaling potential challenges in controlling costs. The significant drop in EBIT suggests operational inefficiencies. The EBITDA margin of about 15.25% is relatively stable, showing some resilience despite declining revenues.67
Positive
Balance Sheet
The company's debt-to-equity ratio stands at 1.21, suggesting a moderate level of leverage. However, this has increased from previous years, indicating rising financial risk. The return on equity (ROE) is low at 0.64%, reflecting limited returns to shareholders. BP's equity ratio is around 21.00%, which is reasonable but slightly lower than ideal, hinting at potential financial stability concerns.72
Positive
Cash Flow
BP exhibits a robust operating cash flow to net income ratio, suggesting strong cash-generating ability relative to its net income. However, free cash flow has decreased significantly from previous years, impacting its ability to fund investments and dividends. The free cash flow to net income ratio remains strong, indicating efficient cash flow management despite lower net income.75
Positive
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 189.19B | 210.13B | 241.39B | 157.74B | 105.94B | Gross Profit |
| 30.24B | 48.07B | 55.10B | 22.86B | 10.18B | EBIT |
| 0.00 | 31.05B | 44.76B | 15.09B | -346.00M | EBITDA |
| 28.85B | 43.50B | 59.47B | 32.55B | 14.54B | Net Income Common Stockholders |
| 381.00M | 15.24B | -2.49B | 7.57B | -20.30B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 39.37B | 28.59B | 29.77B | 30.96B | 29.53B | Total Assets |
| 282.23B | 280.29B | 288.12B | 287.27B | 267.65B | Total Debt |
| 71.55B | 63.08B | 55.49B | 69.79B | 81.93B | Net Debt |
| 32.34B | 35.33B | 26.30B | 39.11B | 52.73B | Total Liabilities |
| 203.91B | 194.80B | 205.13B | 196.83B | 182.09B | Stockholders Equity |
| 59.25B | 70.28B | 67.55B | 75.46B | 71.25B |
| Cash Flow | Free Cash Flow | |||
| 12.00B | 17.75B | 28.86B | 12.72B | -144.00M | Operating Cash Flow |
| 27.30B | 32.04B | 40.93B | 23.61B | 12.16B | Investing Cash Flow |
| -13.25B | -14.87B | -13.71B | -5.69B | -7.86B | Financing Cash Flow |
| -7.30B | -13.36B | -28.02B | -18.08B | 3.96B |
BP plc Technical Analysis
Positive
156.00
Price Trends
150.79
Positive
151.24
Positive
151.70
Positive
Market Momentum
1.70
Negative
66.68
Neutral
56.55
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:BP.B, the sentiment is Positive. The current price of 156 is above the 20-day moving average (MA) of 153.28, above the 50-day MA of 150.79, and above the 200-day MA of 151.70, indicating a bullish trend. The MACD of 1.70 indicates Negative momentum. The RSI at 66.68 is Neutral, neither overbought nor oversold. The STOCH value of 56.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:BP.B.
BP plc Peers Comparison
Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Performance Comparison
GB:BP.B
BP plc
156.00
12.67
8.84%
GB:GSK
GlaxoSmithKline
1,516.00
-103.10
-6.37%
BP plc Earnings Call Summary
Earnings Call Date: Feb 11, 2025 | % Change Since: 4.35% | Next Earnings Date: Apr 29, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted BP's strategic progress and solid upstream production with increased dividends and share buybacks, while facing challenges in refining, biofuels, and trucking sectors. The sentiment is balanced with both positive achievements and notable challenges.Highlights
Strategic Progress and Portfolio Reshape
BP made significant strategic progress in 2024 by reshaping its portfolio, including 10 new FIDs such as Cascadia and Tangguh, new access to markets in Iraq and India, divesting tail assets in Trinidad, and forming a joint venture, JERA Nex bp.
Upstream Production and Reliability
Upstream production was around 2.36 million barrels per day, up 2% in 2024 with plant reliability above 95%.
Dividend and Share Buybacks
BP grew its dividend per share by 10% and announced $7 billion of share buybacks, including a $1.75 billion buyback announced on the call.
Archaea Energy Expansion
Archaea Energy progressed with 12 new plants established in 2024, contributing to earnings into 2025.
Lowlights
Refining Challenges
BP faced a challenging year in refining with a first-quarter plant outage and a difficult margin environment. The fourth quarter was impacted by a massive turnaround at Whiting.
Biofuels Margin Weakness
BP was impacted by weaker biofuels margins, particularly in Europe, due to voluntary mandates rolling back to EU levels and oversupply from Asia.
TravelCenters of America Performance
The recovery from the trucking recession at TravelCenters of America was slower than expected, with full recovery now anticipated in 2026.
Company Guidance
In BP's Fourth Quarter and Full Year Results Call for fiscal year 2024, several key metrics and strategic moves were discussed. The company achieved upstream production of approximately 2.36 million barrels per day, showing a 2% increase, with plant reliability surpassing 95%. Despite challenges in refining due to a widening outage in the first quarter and a tough margin environment, BP managed to grow its dividend per share by 10% and announced $7 billion in share buybacks. Its trading business maintained a 4% uplift to group ROACE over five years, despite reduced volatility. The company also highlighted strategic portfolio reshaping actions, including 10 new FIDs, divestments in Trinidad, and the formation of a joint venture, JERA Nex bp. Additionally, BP acquired full ownership of bp bioenergy and Lightsource bp, and announced intentions to sell the Gelsenkirchen refinery, setting the stage for a comprehensive strategy update at the upcoming Capital Markets event.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.