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    BP.   GB0007980591

BP PLC

(BP.)
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Delayed London Stock Exchange  -  11:35 2022-08-17 am EDT
430.90 GBX   +1.03%
11:06aEuropean ADRs Move Lower in Wednesday Trading
MT
06:50aIMPERIAL COLLEGE LONDON : Fossil fuel companies' projections won't meet Paris Agreement climate goals
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08/16SECTOR UPDATE : Energy Stocks Advance Pre-Bell Tuesday
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London shares open lower as energy stocks weigh

08/05/2022 | 03:32am EDT
Traders from BGC, a global brokerage company in London's Canary Wharf financial centre react as European stock markets open

(Reuters) - UK shares opened slightly lower on Friday, with energy stocks leading the declines, a day after the Bank of England raised interest rates by the most in 27 years.

The FTSE 100 index dipped 0.1%, while the midcaps index also shed 0.1%.

The FTSE 100 index ended flat on Thursday after the British central bank's Monetary Policy Committee raised its Bank Rate by half percentage point to 1.75% - the highest level since late-2008.

Oil majors Shell Plc and BP Plc fell more than 1% each, weighing the most on the blue-chip UK index.

WPP, the world's largest advertising group, increased its annual net sales outlook, but shares of the company fell 5.3% in early trading.

Investors across the globe now await the release of U.S. jobs data, waiting to see whether the Federal Reserve's aggressive pace of rate hikes is slowing growth in the world's largest economy.

(Reporting by Shreyashi Sanyal in Bengaluru; editing by Uttaresh.V)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BP PLC 1.03% 430.9 Delayed Quote.30.38%
FTSE 100 -0.27% 7515.75 Delayed Quote.2.05%
LONDON BRENT OIL 0.49% 93.63 Delayed Quote.20.13%
SHELL PLC 0.62% 2182 Delayed Quote.34.54%
WPP PLC -1.68% 819.2 Delayed Quote.-26.82%
WTI 0.47% 88.016 Delayed Quote.15.49%
All news about BP PLC
11:06aEuropean ADRs Move Lower in Wednesday Trading
MT
06:50aIMPERIAL COLLEGE LONDON : Fossil fuel companies' projections won't meet Paris Agreement cl..
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08/16SECTOR UPDATE : Energy Stocks Advance Pre-Bell Tuesday
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08/16SECTOR UPDATE : Energy
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Financials (USD)
Sales 2022 243 B - -
Net income 2022 2 301 M - -
Net Debt 2022 24 844 M - -
P/E ratio 2022 21,8x
Yield 2022 4,46%
Capitalization 97 758 M 97 758 M -
EV / Sales 2022 0,50x
EV / Sales 2023 0,54x
Nbr of Employees 65 900
Free-Float 93,6%
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Technical analysis trends BP PLC
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Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 5,19 $
Average target price 6,23 $
Spread / Average Target 20,0%
EPS Revisions
Managers and Directors
Bernard Looney Chief Executive Officer & Director
Murray Auchincloss Chief Financial Officer & Director
Helge Lund Chairman
Gordon Young Birrell Executive Vice President-Production & Operations
Paula Rosput Reynolds Senior Independent Director
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