News stories about BP (NYSE:BP) have trended extremely negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. BP earned a news impact score of -5.00 on their scale. InfoTrie also assigned media stories about the oil and gas exploration company an news buzz score of 0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock’s share price in the near future.
Here are some of the headlines that may have impacted BP’s score:
- BP Oddo: Nursing homes of ‘grave concern’ at Borough Hall amid coronavirus spread – SILive.com (silive.com)
- BP´s 2019 Annual Report Holds Clues to How It Will Meet Grand Climate Goals (But No Definitive Answer) – Union of Concerned Scientists (blog.ucsusa.org)
- Judge approves BP payment of $2.6 million in settlement over violations at Oregon refinery – Toledo Blade (toledoblade.com)
- Thursday BP: Classic Giants games to air on NBC Bay Area – McCovey Chronicles (mccoveychronicles.com)
- Lightsource BP funds US solar project as Eni turns on wind in Kazakhstan – Upstream Online (upstreamonline.com)
Shares of NYSE BP traded up $0.13 during midday trading on Thursday, hitting $24.42. The company’s stock had a trading volume of 47,554,477 shares, compared to its average volume of 15,055,314. The company has a current ratio of 1.12, a quick ratio of 0.83 and a debt-to-equity ratio of 0.64. The business’s 50 day moving average is $29.78 and its two-hundred day moving average is $35.98. BP has a 12-month low of $15.51 and a 12-month high of $45.38. The firm has a market cap of $75.11 billion, a P/E ratio of 20.35, a price-to-earnings-growth ratio of 11.66 and a beta of 0.82.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.63 per share. This is a positive change from BP’s previous quarterly dividend of $0.61. This represents a $2.52 dividend on an annualized basis and a dividend yield of 10.32%. The ex-dividend date is Thursday, February 13th. BP’s payout ratio is currently 84.75%.
BP has been the subject of several research reports. Citigroup lowered shares of BP from a “buy” rating to a “neutral” rating in a research report on Thursday, March 12th. Piper Sandler downgraded BP from an “overweight” rating to a “neutral” rating and set a target price on the stock. in a research report on Monday, March 9th. TheStreet lowered BP from a “b-” rating to a “c+” rating in a report on Thursday, March 12th. Jefferies Financial Group downgraded BP from a “buy” rating to a “hold” rating in a research report on Monday, March 16th. Finally, Wells Fargo & Co lowered their price target on BP from $46.00 to $27.00 and set an “overweight” rating for the company in a research report on Friday, March 20th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company’s stock. BP currently has a consensus rating of “Hold” and an average price target of $42.16.
BP Company Profile
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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