BP (LON:BP) Given News Impact Score of -3.00

Media headlines about BP (LON:BP) have been trending very negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. 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 media sentiment score of -3.00 on their scale. InfoTrie also gave press coverage 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 news stories that may have effected BP’s score:

LON BP traded down GBX 1.90 ($0.02) on Friday, hitting GBX 310 ($4.08). 63,988,954 shares of the company were exchanged, compared to its average volume of 35,510,000. The company’s 50 day moving average price is GBX 316.02 and its 200-day moving average price is GBX 414.93. The company has a debt-to-equity ratio of 86.75, a current ratio of 1.01 and a quick ratio of 0.58. The firm has a market capitalization of $62.80 billion and a P/E ratio of -19.25. BP has a twelve month low of GBX 4.69 ($0.06) and a twelve month high of GBX 565.80 ($7.44).

The business also recently disclosed a dividend, which will be paid on Friday, June 19th. Shareholders of record on Thursday, May 7th will be issued a dividend of $0.11 per share. The ex-dividend date of this dividend is Thursday, May 7th. This represents a yield of 2.69%. BP’s payout ratio is presently -211.18%.

Several research firms recently weighed in on BP. Societe Generale reduced their price objective on shares of BP from GBX 560 ($7.37) to GBX 525 ($6.91) and set a “buy” rating for the company in a report on Thursday, February 6th. Sanford C. Bernstein reaffirmed a “buy” rating and issued a GBX 470 ($6.18) price objective on shares of BP in a report on Monday, March 23rd. Citigroup reaffirmed a “neutral” rating and issued a GBX 330 ($4.34) price objective (up previously from GBX 310 ($4.08)) on shares of BP in a report on Wednesday, April 29th. Jefferies Financial Group upped their price objective on shares of BP from GBX 280 ($3.68) to GBX 320 ($4.21) and gave the stock a “hold” rating in a report on Wednesday, April 29th. Finally, Goldman Sachs Group set a GBX 550 ($7.23) price objective on shares of BP and gave the stock a “buy” rating in a report on Tuesday, April 28th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 397.89 ($5.23).

In related news, insider Bernard Looney acquired 100 shares of the business’s stock in a transaction on Monday, May 11th. The shares were purchased at an average price of GBX 316 ($4.16) per share, for a total transaction of £316 ($415.68).

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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