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BP (BP) Stock Drops Despite Market Gains: Important Facts to Note
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In the latest close session, BP (BP - Free Report) was down 1.77% at $32.13. The stock trailed the S&P 500, which registered a daily gain of 0.07%. At the same time, the Dow lost 0.7%, and the tech-heavy Nasdaq gained 0.18%.
Shares of the oil and gas company witnessed a gain of 7.88% over the previous month, beating the performance of the Oils-Energy sector with its gain of 0.92%, and the S&P 500's gain of 5.71%.
Analysts and investors alike will be keeping a close eye on the performance of BP in its upcoming earnings disclosure. The company's earnings report is set to go public on August 5, 2025. In that report, analysts expect BP to post earnings of $0.68 per share. This would mark a year-over-year decline of 32%. Our most recent consensus estimate is calling for quarterly revenue of $60.67 billion, up 25.74% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.52 per share and revenue of $236.34 billion, which would represent changes of -22.7% and +21.43%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for BP. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 7.91% upward. BP is currently sporting a Zacks Rank of #3 (Hold).
With respect to valuation, BP is currently being traded at a Forward P/E ratio of 13. This represents a premium compared to its industry average Forward P/E of 11.46.
Also, we should mention that BP has a PEG ratio of 1.92. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Oil and Gas - Integrated - International was holding an average PEG ratio of 1.98 at yesterday's closing price.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 189, putting it in the bottom 24% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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BP (BP) Stock Drops Despite Market Gains: Important Facts to Note
In the latest close session, BP (BP - Free Report) was down 1.77% at $32.13. The stock trailed the S&P 500, which registered a daily gain of 0.07%. At the same time, the Dow lost 0.7%, and the tech-heavy Nasdaq gained 0.18%.
Shares of the oil and gas company witnessed a gain of 7.88% over the previous month, beating the performance of the Oils-Energy sector with its gain of 0.92%, and the S&P 500's gain of 5.71%.
Analysts and investors alike will be keeping a close eye on the performance of BP in its upcoming earnings disclosure. The company's earnings report is set to go public on August 5, 2025. In that report, analysts expect BP to post earnings of $0.68 per share. This would mark a year-over-year decline of 32%. Our most recent consensus estimate is calling for quarterly revenue of $60.67 billion, up 25.74% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.52 per share and revenue of $236.34 billion, which would represent changes of -22.7% and +21.43%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for BP. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 7.91% upward. BP is currently sporting a Zacks Rank of #3 (Hold).
With respect to valuation, BP is currently being traded at a Forward P/E ratio of 13. This represents a premium compared to its industry average Forward P/E of 11.46.
Also, we should mention that BP has a PEG ratio of 1.92. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Oil and Gas - Integrated - International was holding an average PEG ratio of 1.98 at yesterday's closing price.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 189, putting it in the bottom 24% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.