BP (LON:BP) Receiving Extremely Critical Media Coverage, Study Finds

News articles about BP (LON:BP) have been trending extremely negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than 6,000 blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. BP earned a daily sentiment score of -5.00 on their scale. InfoTrie also gave news headlines about the oil and gas exploration company an news buzz score of 0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company’s share price in the near term.

These are some of the media stories that may have effected BP’s ranking:

Shares of BP stock traded down GBX 2.40 ($0.03) on Thursday, reaching GBX 337 ($4.43). 90,972,873 shares of the stock were exchanged, compared to its average volume of 35,510,000. The firm has a market capitalization of $68.28 billion and a PE ratio of 17.11. BP has a 1-year low of GBX 4.69 ($0.06) and a 1-year high of GBX 583.40 ($7.67). The business has a fifty day moving average price of GBX 385.62 and a two-hundred day moving average price of GBX 466.61. The company has a current ratio of 1.12, a quick ratio of 0.66 and a debt-to-equity ratio of 76.90.

The company also recently disclosed a dividend, which will be paid on Friday, March 27th. Investors of record on Thursday, February 13th will be given a $0.11 dividend. The ex-dividend date of this dividend is Thursday, February 13th. This represents a yield of 1.78%. This is an increase from BP’s previous dividend of $0.10. BP’s dividend payout ratio (DPR) is presently 1.68%.

Several equities analysts have issued reports on the stock. Berenberg Bank restated a “hold” rating on shares of BP in a research note on Monday, February 24th. Royal Bank of Canada downgraded BP from an “outperform” rating to an “underperform” rating in a report on Monday, March 16th. Morgan Stanley cut BP from an “overweight” rating to an “equal weight” rating in a research report on Friday, March 20th. Barclays decreased their target price on BP from GBX 650 ($8.55) to GBX 380 ($5.00) and set an “overweight” rating for the company in a research report on Thursday, March 19th. Finally, Societe Generale dropped their price target on BP from GBX 560 ($7.37) to GBX 525 ($6.91) and set a “buy” rating on the stock in a research note on Thursday, February 6th. One research analyst has rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the company’s stock. BP currently has an average rating of “Buy” and a consensus price target of GBX 508.89 ($6.69).

In other BP news, insider Brian Gilvary acquired 65 shares of the business’s stock in a transaction on Friday, January 10th. The stock was purchased at an average price of GBX 492 ($6.47) per share, for a total transaction of £319.80 ($420.68).

About BP

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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