BP Earnings Prediction
The chart below shows how BP performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BP sees a +0.34% change in stock price 10 days leading up to the earnings, and a +0.44% change 10 days following the report. On the earnings day itself, the stock moves by -0.78%. This data can give you a slight idea of what to expect for the next quarter's release.
BP Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
47.25B
-11.29%
-0.10%
Gross Margin
15.97%
-32.79%
5.76%
Operating Margin
6.18%
-54.82%
-32.75%
Net Margin
0.78%
-91.81%
420.00%
EPS
0.01
-96.43%
-200.00%
No Data Available
BP Earnings Analysis
BP p.l.c. Corporation (BP.N) Earnings Conference Call
Positive
Upstream Production Increase: Upstream production increased by approximately 3% year-to-date, with liquids production up 5%.
Operational Reliability Metrics: Plant reliability in upstream operations exceeded 95%, and refining availability was over 96% for the quarter.
EV Charging Business Growth: The EV charging business experienced 80% year-on-year growth, with cumulative sales of 1 terawatt sold to customers globally.
Share Buyback and Dividend Announcement: The company announced a $1.75 billion share buyback and a dividend of $0.08 per ordinary share.
Cost Savings Targets: The company is on track to deliver over $0.5 billion in cost savings in 2025, aiming for at least $2 billion by the end of 2026.
Negative
Refining Margins Decline: Operating highlights showed a decline in refining margins, with a reported loss of $0.5 billion in the downstream segment this quarter.
European Refining Market Challenges: The company faced challenges in the European refining market, resulting in particularly weak performance and lower margins compared to expectations.
Cash Flow Pressure: Despite a strong balance sheet, the company is experiencing significant pressure on cash flow generation, with expectations of surplus cash flow dropping below $2 billion for the year.
Project Pause Announcement: The company announced a pause in 24 projects as part of a strategic review, indicating a shift in focus and potential delays in growth initiatives.
Customer Growth Stagnation: The overall customer growth has stagnated, with no significant new contracts or expansions reported in the last quarter, impacting future revenue projections.
BP FAQs
How does BP typically perform around its earnings report dates?
Is BP p.l.c. (BP) Q3 2024 Earnings Conference Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
BP Earning Call Sentiment
BP p.l.c. (BP) Q3 2024 Earnings Conference Call Transcript
1.0x
00:00
00:00
BP.N
0%Positive
The earnings call indicates strong financial performance with a focus on cash flow growth, increased dividends, and share buybacks. The Q&A section highlighted the company's strategic focus on high-value projects and maintaining financial resilience, despite some uncertainties. Positive factors include upstream production growth and strong EV charging business growth. While there are risks related to project pauses and geopolitical challenges, the overall sentiment is positive due to optimistic guidance and strategic initiatives. This suggests a likely stock price increase in the short term.