Headlines about BP (NYSE:BP) have been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. BP earned a daily sentiment score of -1.83 on their scale. InfoTrie also gave headlines about the oil and gas exploration company an news buzz score of 1 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company’s share price in the near future.
Here are some of the media headlines that may have impacted BP’s score:
- Critical injuries after assault near Stortford Lodge BP (nzherald.co.nz)
- US danseur to join BP revival of ‘Romeo and Juliet’ (lifestyle.inquirer.net)
- Zack Wheeler #45 – Team Issued Blue BP Jersey – 2015 Season (auctions.mlb.com)
- One in three Indians suffer from high BP: Association of Physicians of India (deccanchronicle.com)
- See Which Of The Latest 13F Filers Holds BP (nasdaq.com)
BP stock opened at $42.49 on Monday. The company has a quick ratio of 0.78, a current ratio of 1.04 and a debt-to-equity ratio of 0.56. The stock has a market cap of $142.05 billion, a PE ratio of 11.18, a PEG ratio of 1.84 and a beta of 0.82. BP has a fifty-two week low of $36.28 and a fifty-two week high of $47.83.
BP (NYSE:BP) last released its earnings results on Tuesday, February 5th. The oil and gas exploration company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.27. BP had a return on equity of 12.45% and a net margin of 3.09%. The business had revenue of $75.68 billion for the quarter, compared to analyst estimates of $78.78 billion. During the same quarter in the prior year, the company posted $0.11 earnings per share. BP’s revenue was up 11.6% on a year-over-year basis. As a group, equities research analysts anticipate that BP will post 3.27 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, February 15th will be issued a dividend of $0.615 per share. The ex-dividend date is Thursday, February 14th. This represents a $2.46 annualized dividend and a yield of 5.79%. BP’s payout ratio is presently 64.21%.
Several research firms have recently weighed in on BP. Zacks Investment Research raised BP from a “strong sell” rating to a “hold” rating in a research report on Friday. Piper Jaffray Companies reaffirmed an “overweight” rating on shares of BP in a research report on Tuesday, October 23rd. Raymond James raised BP from a “market perform” rating to an “outperform” rating in a research report on Tuesday, November 20th. They noted that the move was a valuation call. Finally, Wells Fargo & Co began coverage on BP in a research report on Tuesday, December 18th. They set a “market perform” rating and a $41.00 price objective for the company. Five investment analysts have rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the stock. BP presently has a consensus rating of “Buy” and an average price target of $51.79.
BP p.l.c. engages in energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, field development, and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power and natural gas liquids (NGLs).
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