Equities Analysts Offer Predictions for BP Q1 Earnings

BP p.l.c. (NYSE:BP) – Research analysts at Zacks Research lifted their Q1 2026 EPS estimates for shares of BP in a report released on Wednesday, October 8th. Zacks Research analyst Team now expects that the oil and gas exploration company will post earnings of $0.58 per share for the quarter, up from their prior forecast of $0.57. The consensus estimate for BP’s current full-year earnings is $3.53 per share. Zacks Research also issued estimates for BP’s Q4 2026 earnings at $0.73 EPS and Q2 2027 earnings at $0.83 EPS.

BP (NYSE:BP) last posted its quarterly earnings data on Tuesday, August 5th. The oil and gas exploration company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.22. The firm had revenue of $46.63 billion for the quarter, compared to the consensus estimate of $42.88 billion. BP had a net margin of 0.29% and a return on equity of 9.08%. The business’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.00 EPS.

BP has been the topic of a number of other reports. DZ Bank raised shares of BP from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 6th. Weiss Ratings reissued a “hold (c-)” rating on shares of BP in a report on Wednesday, October 8th. Berenberg Bank raised shares of BP from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 7th. TD Cowen boosted their price target on shares of BP from $34.00 to $37.00 and gave the stock a “hold” rating in a report on Wednesday, August 6th. Finally, Melius Research began coverage on shares of BP in a report on Wednesday, August 20th. They issued a “buy” rating and a $66.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $42.14.

BP Price Performance

BP opened at $33.71 on Monday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.21 and a quick ratio of 0.92. The company has a market capitalization of $88.76 billion, a price-to-earnings ratio of 160.51, a P/E/G ratio of 1.98 and a beta of 0.54. The firm’s fifty day moving average price is $34.43 and its two-hundred day moving average price is $31.56. BP has a 1 year low of $25.22 and a 1 year high of $35.88.

Institutional Investors Weigh In On BP

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Trust Point Inc. bought a new stake in shares of BP during the third quarter valued at about $415,000. Independence Bank of Kentucky increased its position in shares of BP by 98.3% during the third quarter. Independence Bank of Kentucky now owns 17,786 shares of the oil and gas exploration company’s stock valued at $613,000 after buying an additional 8,816 shares during the period. Fiduciary Alliance LLC increased its position in shares of BP by 4.7% during the third quarter. Fiduciary Alliance LLC now owns 22,540 shares of the oil and gas exploration company’s stock valued at $777,000 after buying an additional 1,004 shares during the period. Carolina Wealth Advisors LLC bought a new stake in shares of BP during the third quarter valued at about $59,000. Finally, Heartwood Wealth Advisors LLC bought a new stake in shares of BP during the third quarter valued at about $26,000. 11.01% of the stock is currently owned by institutional investors.

BP Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Friday, August 15th were issued a dividend of $0.4942 per share. This represents a $1.98 annualized dividend and a yield of 5.9%. This is a boost from BP’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Friday, August 15th. BP’s payout ratio is currently 942.86%.

BP Company Profile

BP p.l.c. 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; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.