BP p.l.c. (BP) Getting Somewhat Favorable News Coverage, Report Finds
News coverage about BP p.l.c. (NYSE:BP) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BP p.l.c. earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned press coverage about the oil and gas exploration company an impact score of 45.0312630513195 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- Wednesday’s Vital Data: Bank of America Corp (BAC), SeaWorld Entertainment Inc. (SEAS) and BP plc (ADR) (BP) – Investorplace.com (investorplace.com)
- BP plc 45.5% Potential Upside Indicated by Barclays Capital – DirectorsTalk Interviews (directorstalkinterviews.com)
- BP plc (BP) Ex-Dividend Date Scheduled for August 09, 2017 – Nasdaq (nasdaq.com)
- BP finds major gas field just south of Colorado in New Mexico (finance.yahoo.com)
- BP Surpasses Profit Expectations, Still Wallowing In Debt (finance.yahoo.com)
A number of equities analysts recently issued reports on BP shares. TheStreet raised shares of BP p.l.c. from a “c” rating to a “b-” rating in a report on Tuesday, May 30th. Argus raised their price objective on shares of BP p.l.c. from $36.00 to $41.00 and gave the stock a “buy” rating in a report on Thursday, June 1st. Morgan Stanley reissued a “buy” rating on shares of BP p.l.c. in a report on Thursday, April 13th. Scotiabank reissued a “buy” rating and issued a $37.00 price objective on shares of BP p.l.c. in a report on Friday, June 30th. Finally, Zacks Investment Research raised shares of BP p.l.c. from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 6th. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and fifteen have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $36.51.
BP p.l.c. (NYSE BP) traded up 0.61% during midday trading on Wednesday, hitting $36.16. 3,907,835 shares of the stock traded hands. The firm has a market cap of $118.96 billion, a PE ratio of 31.55 and a beta of 0.94. The company’s 50 day moving average price is $35.05 and its 200 day moving average price is $35.05. BP p.l.c. has a 12 month low of $32.53 and a 12 month high of $38.68. BP p.l.c. also was the recipient of some unusual options trading on Tuesday. Investors purchased 67,515 call options on the company. This represents an increase of approximately 974% compared to the typical daily volume of 6,286 call options.
BP p.l.c. (NYSE:BP) last announced its earnings results on Tuesday, August 1st. The oil and gas exploration company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by $0.18. BP p.l.c. had a net margin of 1.74% and a return on equity of 3.64%. The business had revenue of $56.51 billion for the quarter, compared to analysts’ expectations of $56.09 billion. During the same quarter last year, the business earned $0.23 EPS. The company’s quarterly revenue was up 21.7% on a year-over-year basis. Equities research analysts predict that BP p.l.c. will post $1.69 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Friday, August 11th will be given a dividend of $0.595 per share. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a $2.38 dividend on an annualized basis and a dividend yield of 6.58%. BP p.l.c.’s dividend payout ratio (DPR) is 206.96%.
BP p.l.c. Company Profile
BP p.l.c. is an integrated oil and gas company. The Company owns an interest in OJSC Oil Company Rosneft (Rosneft), an oil and gas company. The Company’s segments include Upstream, Downstream, Rosneft, and Other businesses and corporate. The Upstream segment is engaged in oil and natural gas exploration, field development and production, as well as midstream transportation, storage and processing.
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