Stock Price & Analysis

Based on the provided data and recent market activity, here's a concise analysis of BP stock:

Technical Analysis

• Current price at $33.92 with recent consolidation between $33.60-$34.20
• RSI-14 at 60.08 indicates neutral momentum with slight bullish bias
• MACD showing positive trend with value at 1.03
• Trading above all major SMAs (5,10,20,60,200-day), suggesting overall bullish trend

Recent Developments

• Elliott Management has acquired a stake in BP and is pushing for changes to boost performance
• BP announced 4,700 job cuts (5% of workforce) in January 2025 as part of $2B cost-saving initiative through 2026
• Company expects Q4 decline in upstream production with $0.2-0.4B negative impact from price lags

Analyst Sentiment

• Consensus rating is Moderate Buy with average price target of £497.23 (~$34.96)
• RBC Capital maintains Hold rating with £4.80 target
• Kepler Capital also maintains Hold rating with £455.00 target

Recommendation HOLD BP stock at current levels. While the company shows positive technical indicators and cost-cutting initiatives, near-term headwinds from production decline and restructuring costs suggest limited upside potential. Elliott Management's involvement could drive positive changes, but implementation timeline remains uncertain.

Based on the provided data and market analysis, here is the price prediction for BP stock in 2025:

BP stock is expected to reach $38.76 by end of 2025, representing a 14.46% upside from current price of $33.86. This forecast is supported by BP's strategic initiatives in clean energy transition and strong financial position. The company's debt reduction to $22.6 billion and increased share buyback program of $3.5 billion provide solid fundamentals for price appreciation.

The most optimistic analyst target sees BP reaching $50.00, while the most conservative estimate is $31.80. The consensus among 21 Wall Street analysts maintains a "Moderate Buy" rating, with 8 buy ratings, 12 hold ratings, and only 1 sell rating.

Key drivers supporting this price target:

• Continued focus on renewable energy with 30% of spending allocated to clean energy initiatives
• Expected EBITDA growth target of $46-49 billion by 2025
• Strong dividend yield of 6.55% and ongoing share buyback program
• Attractive current valuation with P/E ratio of just 5.8x

The S1 support level for BP Stock is $33.39 ,The R1 resistant level for BP Stock is $35.29.

As of the end of day on 2025-02-26, the price of BP Stock was $32.69.

The target price for BP Stock according to analyst rating is 37.58, with the highest price target at 50.00 and the lowest at 31.80. Analysts have a Moderate Buy rating on BP Stock overall.

The market cap of BP is $532.3B.

Based on the provided data and context, here's a concise analysis of BP's valuation:

Valuation Analysis: BP currently trades at a P/E ratio of 6.77x (2023/FY), which appears relatively low compared to historical levels. The EV/EBITDA multiple of 3.86x also suggests an attractive valuation.

Financial Performance:

• Net income improved significantly from -$2.49B in 2022 to $15.24B in 2023
• ROE increased dramatically from -0.91% to 22.45% year-over-year
• Operating margins expanded with net margin improving from 0.2% to 7.67%

Market Position: The company's strategy shift and focus on renewable energy while maintaining traditional oil & gas operations has positioned it well for future growth. The stock has shown positive momentum with a 12% increase over the past three months.

Current Status: At the current price of 447.73 GBX, BP appears undervalued considering:

• Strong dividend yield of 6%
• Improving profitability metrics
• Healthy balance sheet with current ratio of 1.21
• Trading below book value with P/B of 1.41

Key Metrics Supporting Undervaluation:

• Low P/S ratio of 0.50
• Strong cash flow generation
• Significant improvement in operational efficiency
• Solid dividend coverage

The combination of strong fundamentals, improving operational metrics, and relatively low valuation multiples suggests BP is currently undervalued.

BP p.l.c. is a United Kingdom-based integrated energy company. The Company's segments include gas & low carbon energy, oil production & operations, customers & products, and other businesses & corporate. Its gas business includes regions with upstream activities that produce natural gas, integrated gas and power, and gas trading. Its low carbon business includes solar, offshore and onshore wind, hydrogen and carbon capture and storage and power trading. Oil production & operations segment comprises regions with upstream activities that predominantly produce crude oil, including bpx energy. Customers & products segment comprises its customer-focused businesses, which include convenience and retail fuels, electric vehicle charging, as well as Castrol, aviation and business to business and midstream. It also includes its products businesses, refining and oil trading, as well as its bioenergy businesses. Other businesses & corporate segment comprises bp ventures, Launchpad and others.

Based on the provided data and context, I'll analyze BP's potential price for 2030:

Technical Analysis & Current Position

Market Position and Growth Drivers:

• Current price: $33.96 [Realtime_price]
• BP is undergoing significant strategic shifts, with Elliott Management recently building a stake and pushing for substantial changes to boost performance
• The company has revised its emissions reduction target to 35-40% by 2030, acknowledging the need to balance clean energy transition with ongoing oil demand

Fundamental Growth Catalysts:

1. Oil Market Outlook:

• Global oil demand expected to peak after 2030, reaching approximately 108 million barrels per day
• OPEC+ production cuts extended through 2025 to support prices

2. Strategic Initiatives:

• $3.5 billion share buyback program for H2 2024
• Cost reduction target of $2 billion by 2026
• Expanding into charging stations, biofuels, and hydrogen fuels

2030 Price Projection Analysis:

Based on multiple factors including:

• Current P/E ratio of ~8x
• Industry average P/E of 13.5x for peers like Exxon
• Expected earnings growth potential of $20 billion by 2030
• Dividend yield projections of 4-5%

Price Target 2030: $52-58

Reasoning:

1. Conservative case ($52): Maintains current P/E multiple of ~8x with projected earnings growth
2. Base case ($55): Moderate P/E expansion to 10x with strategic initiatives success
3. Bullish case ($58): P/E expansion towards peer average of 13x

Key drivers for this projection:

• Successful execution of cost reduction initiatives
• Balanced approach to energy transition
• Continued strong dividend policy
• Oil price stability above $65/barrel

BP has a total of 87800 employees.