2024 Oil Boom

There is a much better way to profit from oil in 2024. It's NOT oil stocks, futures, or anything you've likely heard about. In fact, one man used it build a small $1,000 investment into a $100,000 income stream over fifty years.

BP p.l.c
NYSE:BP
$33.83
Open 32.61 Prev Close 32.43
High 32.81 Low 32.38
Volume 6,125,668 Volume (Avg) 7,024,409
52 Week High 27.28 52 Week Low 14.26
Market Cap 87.4B PE Ratio 12.62

General

NameBP p.l.c
TickerBP
ExchangeNYSE
SectorEnergy
IndustryOil & Gas Integrated
CurrencyUSD
CountryUSA
Fiscal Year EndDecember

About BP p.l.c

BP PLC engages in the energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, and 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). This segment also engages in the ownership and management of crude oil and natural gas pipelines; processing facilities and export terminals; and LNG processing facilities and transportation, as well as NGLs processing business. The Downstream segment refines, manufactures, markets, transports, supplies, and trades in crude oil, petroleum, and petrochemical products and related services to wholesale and retail customers. It offers gasoline, diesel, and aviation fuels; lubricants, and related products and services to the automotive, industrial, marine, and energy markets under the Castrol, BP, and Aral brands; and petrochemical products, such as purified terephthalic acid, paraxylene, acetic acid, olefins and derivatives, and specialty petrochemical products. The Rosneft segment engages in the exploration and production of hydrocarbons, as well as jet fuel, bunkering, bitumen, and lubricants activities. This segment also owns and operates 13 refineries in Russia; and approximately 3,000 retail service stations in Russia and internationally. The company also produces ethanol, bio-isobutanol, bio-power, and solar energy; transports hydrocarbon products through time-chartered and spot-chartered vessels; and holds interests in wind sites. BP PLC was founded in 1889 and is headquartered in London, the United Kingdom.

Highlights

Analyst Target29.23
Market Cap87,411,146,752
PE Ratio12.62
PEG Ratio0.25
EBITDA14,538,000,384

Valuation

Trailing PE20.63
Forward PE14.66
Price/Sales (Trailing 12 Mt.)0.50
Price/Book (Most Recent Quarter)1.27

Technicals

Beta0.77
52 Week High27.28
52 Week Low14.26
50 Day Average23.93
200 Day Average20.81

Dividend

BP p.l.c pays out a dividend of $0.26 per share, with a dividend yield of 5.17%.

BP's last dividend payment was made to shareholders on March 26, 2021.

They pay out 0.00% of their earnings out as a dividend.

Recent Dividends

Sep 20, 2024$0.48
Jun 28, 2024$0.44
Mar 28, 2024$0.44
Dec 19, 2023$0.44
Sep 22, 2023$0.44
Jun 23, 2023$0.40
Mar 31, 2023$0.40
Dec 16, 2022$0.36
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