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BP (BP) Declines More Than Market: Some Information for Investors
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BP (BP - Free Report) ended the recent trading session at $43.52, demonstrating a -2.05% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.17%. Meanwhile, the Dow lost 0.26%, and the Nasdaq, a tech-heavy index, lost 0.09%.
The oil and gas company's stock has climbed by 3.64% in the past month, exceeding the Oils-Energy sector's gain of 0.04% and the S&P 500's loss of 0.24%.
The upcoming earnings release of BP will be of great interest to investors. The company's earnings report is expected on October 30, 2026. In that report, analysts expect BP to post earnings of $1.8 per share. This would mark year-over-year growth of 111.76%. Simultaneously, our latest consensus estimate expects the revenue to be $64.37 billion, showing a 30.7% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $6.74 per share and revenue of $232.76 billion, which would represent changes of +134.03% and +20.88%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for BP. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 10.86% higher. BP is currently a Zacks Rank #3 (Hold).
Looking at its valuation, BP is holding a Forward P/E ratio of 6.6. For comparison, its industry has an average Forward P/E of 8.86, which means BP is trading at a discount to the group.
Meanwhile, BP's PEG ratio is currently 0.51. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Oil and Gas - Integrated - International stocks are, on average, holding a PEG ratio of 0.62 based on yesterday's closing prices.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 81, which puts it in the top 33% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow BP in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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BP (BP) Declines More Than Market: Some Information for Investors
BP (BP - Free Report) ended the recent trading session at $43.52, demonstrating a -2.05% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.17%. Meanwhile, the Dow lost 0.26%, and the Nasdaq, a tech-heavy index, lost 0.09%.
The oil and gas company's stock has climbed by 3.64% in the past month, exceeding the Oils-Energy sector's gain of 0.04% and the S&P 500's loss of 0.24%.
The upcoming earnings release of BP will be of great interest to investors. The company's earnings report is expected on October 30, 2026. In that report, analysts expect BP to post earnings of $1.8 per share. This would mark year-over-year growth of 111.76%. Simultaneously, our latest consensus estimate expects the revenue to be $64.37 billion, showing a 30.7% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $6.74 per share and revenue of $232.76 billion, which would represent changes of +134.03% and +20.88%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for BP. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 10.86% higher. BP is currently a Zacks Rank #3 (Hold).
Looking at its valuation, BP is holding a Forward P/E ratio of 6.6. For comparison, its industry has an average Forward P/E of 8.86, which means BP is trading at a discount to the group.
Meanwhile, BP's PEG ratio is currently 0.51. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Oil and Gas - Integrated - International stocks are, on average, holding a PEG ratio of 0.62 based on yesterday's closing prices.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 81, which puts it in the top 33% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow BP in the coming trading sessions, be sure to utilize Zacks.com.