1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. BP plc
  6. News
  7. Summary
    BP.   GB0007980591

BP PLC

(BP.)
  Report
Real-time Estimate Cboe Europe  -  03:22 2022-08-16 am EDT
428.45 GBX   +0.69%
12:55aBP's Azerbaijan Unit Halts Production At Alpha Platform In Shah Deniz Field For Maintenance
MT
08/15BP to Divest Mexican Exploration Blocks Amid Shift to Renewable Energy
MT
08/15BP P.L.C. : Release of a capital market information
EQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Mixed bag to kick off new trading week as Shell and BP lift FTSE

07/05/2022 | 01:21am EDT

LONDON markets kicked off a new trading week in mixed fashion yesterday, with the FTSE 100 led higher by oil and gas giants.

The capital's premier FTSE 100 index jumped 0.89 per cent to 7,232.65 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dipped 0.24 per cent to 18,592.95 points.

The reasonably positive start to the week means the FTSE 100 has pared back some of the losses registered at the beginning of the month that were caused by it being caught up in a global market sell-off.

However, it is still down around five per cent over the last month.

Oil mega caps BP and Shell led the gains, each adding around four per cent.

The two firms represent an enormous share of the FTSE 100, meaning movements in their share prices exert a strong influence over the index's direction.

The FTSE 100 has been partially shielded from global equity market plunges due to it having a heavy weighting toward socalled "old economy" stocks that have held up well since the beginning of the year.

Retailers drove the midcap FTSE 250 lower. Pets at Home tumbled nearly 10 per cent in a sign that investors are ditching the firm's stock as they bet the pandemic boom in pet sales eases as life returns to normal. A downbeat analyst note also fed the sell-off.

Card retailer Moonpig fell nearly seven per cent, while cult bootmaker Dr Martens dipped 2.9 per cent.

The pound rose against the dollar.

(c) 2022 City A.M., source Newspaper

Stocks mentioned in the article
ChangeLast1st jan.
BP PLC 0.53% 427.6753 Delayed Quote.28.74%
SHELL PLC 0.60% 2193 Delayed Quote.34.54%
All news about BP PLC
12:55aBP's Azerbaijan Unit Halts Production At Alpha Platform In Shah Deniz Field For Mainten..
MT
08/15BP to Divest Mexican Exploration Blocks Amid Shift to Renewable Energy
MT
08/15BP P.L.C. : Release of a capital market information
EQ
08/15BP Azerbaijan suspends production at Shah Deniz field's Alpha platform for maintenance
RE
08/15European ADRs Move Sharply Lower in Monday Trading
MT
08/12UK shortlists 20 projects for next phase of net zero process
RE
08/11BP, Bunge Near Deal To Divest Brazilian Sugar, Ethanol Business
MT
08/11Freeport LNG plant in Texas still pulling in natgas to produce power
RE
08/11Freeport LNG plant still pulling in natgas to produce power for Texas
RE
08/11Bp Expands Ampm Convenience Brand to US East Coast
CI
More news
Analyst Recommendations on BP PLC
More recommendations
Financials (USD)
Sales 2022 249 B - -
Net income 2022 2 301 M - -
Net Debt 2022 25 026 M - -
P/E ratio 2022 21,6x
Yield 2022 4,49%
Capitalization 96 842 M 96 842 M -
EV / Sales 2022 0,49x
EV / Sales 2023 0,54x
Nbr of Employees 65 900
Free-Float 93,6%
Chart BP PLC
Duration : Period :
BP plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BP PLC
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 5,14 $
Average target price 6,21 $
Spread / Average Target 20,8%
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
Sector and Competitors
1st jan.Capi. (M$)
BP PLC28.74%96 842
EXXON MOBIL CORPORATION50.87%391 758
CHEVRON CORPORATION33.63%312 896
RELIANCE INDUSTRIES LTD11.18%210 065
CHINA PETROLEUM & CHEMICAL CORPORATION2.75%70 954
MARATHON PETROLEUM CORPORATION49.70%48 601