BP p.l.c., an integrated energy company, provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas and integrated gas and power; gas trading; operation of solar and onshore and offshore wind power, as well as hydrogen and carbon capture, power trading, and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil. The company is also involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business. BP p.l.c. was founded in 1908 and is headquartered in London, the United Kingdom.
Strategic Pivot | Explore BP's focus on returns and new growth engines, particularly in downstream operations and the BPX shale business, as key drivers for future performance |
Financial Hurdles | BP's missed opportunity to reduce debt during peak cycle leaves it with a weaker balance sheet, potentially impacting its competitive positioning |
Market Dynamics | Delve into BP's navigation of volatile commodity prices and increasing pressure for environmental sustainability in a challenging macroeconomic landscape |
Analyst Outlook | RBC Capital Markets maintains a Sector Perform rating with price targets ranging from 480p to 550p, reflecting varied views on BP's growth potential |
Metrics to compare | BP | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipBPPeersSector | |
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P/E Ratio | 192.7x | 7.3x | 4.7x | |
PEG Ratio | −1.94 | −0.21 | 0.00 | |
Price/Book | 1.3x | 1.1x | 1.1x | |
Price / LTM Sales | 0.4x | 1.3x | 1.0x | |
Upside (Analyst Target) | 22.5% | 81.7% | 43.9% | |
Fair Value Upside | Unlock | 18.2% | 11.4% | Unlock |