Somewhat Critical Media Coverage Somewhat Unlikely to Impact BP (BP) Stock Price

Media coverage about BP (NYSE:BP) has trended somewhat negative recently, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. BP earned a news impact score of -0.13 on Accern’s scale. Accern also assigned news coverage about the oil and gas exploration company an impact score of 43.0437731602741 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:

BP has been the subject of a number of recent analyst reports. TheStreet upgraded shares of BP from a “c” rating to a “b” rating in a research report on Wednesday, November 8th. Zacks Investment Research upgraded shares of BP from a “hold” rating to a “buy” rating and set a $46.00 price objective for the company in a research report on Tuesday, November 7th. Scotiabank restated a “buy” rating and issued a $39.00 price objective on shares of BP in a research report on Wednesday, November 1st. Piper Jaffray Companies restated a “buy” rating and issued a $39.00 price objective on shares of BP in a research report on Thursday, September 28th. Finally, Vetr cut shares of BP from a “strong-buy” rating to a “buy” rating and set a $43.32 price objective for the company. in a research report on Tuesday, October 10th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company’s stock. BP presently has an average rating of “Hold” and an average price target of $38.63.

Shares of BP (NYSE:BP) traded up $0.64 during midday trading on Friday, reaching $43.91. 5,648,959 shares of the company were exchanged, compared to its average volume of 4,360,000. The firm has a market cap of $145,780.00, a price-to-earnings ratio of 37.53, a PEG ratio of 0.93 and a beta of 0.97. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.88 and a current ratio of 1.18. BP has a 12-month low of $33.10 and a 12-month high of $43.99.

BP (NYSE:BP) last announced its earnings results on Tuesday, October 31st. The oil and gas exploration company reported $0.57 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.50 by $0.07. BP had a net margin of 1.70% and a return on equity of 4.52%. analysts expect that BP will post 1.82 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 21st. Investors of record on Friday, November 10th were paid a $0.60 dividend. The ex-dividend date was Thursday, November 9th. This is a positive change from BP’s previous quarterly dividend of $0.60. This represents a $2.40 dividend on an annualized basis and a yield of 5.47%. BP’s dividend payout ratio is presently 203.42%.

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BP Company Profile

BP p.l.c. is an integrated oil and gas company. The Company owns an interest in OJSC Oil Company Rosneft (Rosneft), an oil and gas company. The Company’s segments include Upstream, Downstream, Rosneft, and Other businesses and corporate. The Upstream segment is engaged in oil and natural gas exploration, field development and production, as well as midstream transportation, storage and processing.

Insider Buying and Selling by Quarter for BP (NYSE:BP)

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