BP Stock Recent News
BP LATEST HEADLINES
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for BP (BP), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2025.
BP set to report Q2 earnings on Aug. 5, with forecasts of lower profits but stronger top-line growth.
BP (BP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
In the closing of the recent trading day, BP (BP) stood at $32.25, denoting a -2.15% move from the preceding trading day.
BP has outperformed the S&P 500, driven by strong operational execution and disciplined cost management in oil and gas operations. Shareholder returns remain robust, with a 6% dividend yield, ongoing buybacks, and plans for annual dividend increases above inflation. Growth is supported by 10 major projects launching by 2027 and global exploration successes, positioning BP for long-term cash flow expansion.
I reiterate my buy rating on BP, driven by expectations of higher oil prices and BP's strong correlation to oil price movements. Key catalysts include ongoing U.S. SPR refilling and historically low U.S. crude inventories. The new U.S.-EU energy export deal could further tighten oil supply and support higher Brent oil prices.
The UP World LNG Shipping Index surged 2.98%, outpacing the S&P 500, driven by higher volume and a return above key support. Japanese shipping companies led gains, with "K" Line, MOL, and NYK Line all approaching or testing resistance levels, signaling sector strength. Technical indicators, including moving averages and Bollinger Bands, point to further growth, supported by the EU-US LNG sales agreement.
BP BP stock has been recovering recently from its April lows, along with other major oil and gas companies. This recovery is related to the improvement in oil prices lately.
BP exits $36B green hydrogen mega-project in Australia, doubling down on oil amid investor-driven strategic pivot.
BP (BP) concluded the recent trading session at $32.13, signifying a -1.77% move from its prior day's close.