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. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business. The company was founded in 1908 and is headquartered in London, the United Kingdom.
Strategic Pivot | Explore BP's focus on returns and new growth engines, particularly in downstream operations and the BPX shale business, as key drivers for future performance |
Financial Hurdles | BP's missed opportunity to reduce debt during peak cycle leaves it with a weaker balance sheet, potentially impacting its competitive positioning |
Market Dynamics | Delve into BP's navigation of volatile commodity prices and increasing pressure for environmental sustainability in a challenging macroeconomic landscape |
Analyst Outlook | RBC Capital Markets maintains a Sector Perform rating with price targets ranging from 480p to 550p, reflecting varied views on BP's growth potential |
Metrics to compare | BP | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipBPPeersSector | |
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P/E Ratio | 248.1x | 7.2x | 4.7x | |
PEG Ratio | −2.54 | 0.01 | 0.00 | |
Price/Book | 1.5x | 1.1x | 1.1x | |
Price / LTM Sales | 0.5x | 1.3x | 1.1x | |
Upside (Analyst Target) | 9.0% | 54.8% | 32.5% | |
Fair Value Upside | Unlock | 15.7% | 9.8% | Unlock |