BP is an integrated oil and gas group based in the United Kingdom. Co. is engaged in the exploration and production of crude oil and natural gas; refining, marketing, supply and transportation; and the manufacture and marketing of petrochemicals. Co. operates globally, with business activities in Europe, the U.S., Canada, Russia, South America, Australasia, Asia and parts of Africa. Co. operates in two business segments: Exploration and Production - including oil and natural gas exploration and development and production; and Refining and Marketing- activities include the refining, manufacturing, supply and trading, marketing and transportation of crude oil, petroleum and petrochemicals.
  • TickerBP.
  • ISINGB0007980591
  • ExchangeLondon Stock Exchange
  • SectorOil & Gas Producers
  • CountryUnited Kingdom

Analysts

Philip Morrish

Value Indicator - UK Basic Resources 22072019

Currently '(TM)Value Indicator - UK Basic Resources' is a value analysis of the Basic Resources super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Main Market 22052019

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Ahmed Ben Salem ...
  • Alain William
  • Emira Sagaama
  • François Maury
  • Georges Dieng
  • Johanna Jourdain
  • Laurence Hofmann
  • Matthias Desmarais
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 07/17/2019

We reiterate our Buy recommendation with a target price of € 15.60. Aside from the restoration of the market’s confidence, the key point is the upcoming strategic plan expected to be unveiled at end-2019. It should be based on enhancing the operating performance and resuming value creation, which should in turn act as a catalyst for the group's re-rating. Our analysis of the various strategic options indicates a positive risk-reward profile. - ...

Ahmed Ben Salem ...
  • Alain William
  • Emira Sagaama
  • François Maury
  • Georges Dieng
  • Johanna Jourdain
  • Laurence Hofmann
  • Matthias Desmarais
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 17/07/2019

Nous réitérons notre opinion Achat avec un OC de 15.60 €. Au-delà du retour à la confiance du marché, l’enjeu demeure le prochain plan stratégique qui sera dévoilé en fin d’année 2019. Il devra être fondé sur un socle d’amélioration de la performance opérationnelle et de retour à la création de valeur afin de constituer le catalyseur d’une revalorisation du groupe. Notre analyse des différentes options stratégiques aboutit à un risk reward positif. - ...

Ahmed Ben Salem ...
  • Yassine Batini

ODDO : Q2 2019 results preview: A fairly unfavourable environment, which should improve in H2

>Decline in indicators in Q2 despite a rebound in Brent - Q2 2019 results publications kick off on 24 July (see table below) and reflect a slight sequential decline of 4%, in dollars. Our estimates are 7.1% below the Bloomberg consensus currently being built and which should gradually decline. This quarter was marked by: 1/ a $ 5.8 $/b increase in Brent to $ 68.9/b and which should remain at this level supported by the decision of OPEC and its allies to renew their ag...

Oil & Gas: OPEC, Market is Wrong...!

Hiccup. While OPEC members have gone through several hiccups the past 43-years, however, total oil production is up by 10.3% from 1974. Ex-Iraq, oil production is up only by 2% from 1974. OPEC market share currently stands at an estimated 36% in July vs. 43% in 2016 and 51% in 1974. OPEC historical low market share was 27.6% in 1985.

Ahmed Ben Salem ...
  • Yassine Batini

ODDO : Q2 2019 results preview: A fairly unfavourable environment, which should improve in H2

>Decline in indicators in Q2 despite a rebound in Brent - Q2 2019 results publications kick off on 24 July (see table below) and reflect a slight sequential decline of 4%, in dollars. Our estimates are 7.1% below the Bloomberg consensus currently being built and which should gradually decline. This quarter was marked by: 1/ a $ 5.8 $/b increase in Brent to $ 68.9/b and which should remain at this level supported by the decision of OPEC and its allies to renew their ag...

Ahmed Ben Salem ...
  • Yassine Batini

ODDO : Preview résultats T2 2019 : un environnement peu favorable qui devrait s’améliorer au S2

>Baisse des indicateurs au T2 malgré un rebond du Brent - Les publications de résultats du T2 2019 commencent le 24 juillet (voir tableau ci-dessous) et s’annoncent en repli séquentiel de 4%, exprimés en dollars. Nous sommes 7.1% inférieurs au consensus Bloomberg en cours de formation et qui devrait baisser progressivement. Ce trimestre a été marqué par : 1/ une hausse du Brent de 5.8 $/b à 68.9 $/b et qui devrait se maintenir à ce niveau soutenu par la décision de l’...

Ahmed Ben Salem ...
  • Yassine Batini

ODDO : Rapport AIE : la demande se maintient et offre abondante avec un risque de surplus en 2020

>Croissance de la demande confirmée en 2019-20 malgré un mauvais S1 - L’AIE a maintenu ses estimations de croissance de la demande pour 2019 à 1.2 Mb/j avec une accélération prévue en 2020 à +1.4 Mb/j, un niveau qui reste solide malgré un S1 2019 qui était faible. En effet l’AIE rapporte une faible croissance au T1 19 à 0.3 Mb/j et à 0.8 Mb/j at T2 19 avec un ralentissement économique et une faible demande pétrochimique, un des piliers de la croissance depuis 2011....

Ahmed Ben Salem ...
  • Yassine Batini

ODDO : IEA report: demand holding up and abundant supply with a surplus risk in 2020

>Demand growth confirmed in 2019-2020 despite a poor H1 - The IEA has maintained its demand growth estimates for 2019 at 1.2 Mb/d with an acceleration forecast in 2020 at +1.4 Mb/d. This level remains solid despite what was a weak H1 2019. Indeed, the IEA reported limited growth of 0.3 Mb/d in Q1 2019 and 0.8 Mb/d in Q2 2019, with an economic slowdown and limited petrochemicals demand, this having been one of the growth pillars since 2011. Demand was limited in Italy,...

Ahmed Ben Salem ...
  • François Maury
  • Georges Dieng
  • Johanna Jourdain
  • Matthias Desmarais
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 07/02/2019

...

1 director sold

A director at BP sold 347,630 shares at 560p and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board members along ...

Ahmed Ben Salem ...
  • Alain William
  • Emira Sagaama
  • François Maury
  • Georges Dieng
  • Johanna Jourdain
  • Laurence Hofmann
  • Matthias Desmarais
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 07/17/2019

We reiterate our Buy recommendation with a target price of € 15.60. Aside from the restoration of the market’s confidence, the key point is the upcoming strategic plan expected to be unveiled at end-2019. It should be based on enhancing the operating performance and resuming value creation, which should in turn act as a catalyst for the group's re-rating. Our analysis of the various strategic options indicates a positive risk-reward profile. - ...

Ahmed Ben Salem ...
  • Alain William
  • Emira Sagaama
  • François Maury
  • Georges Dieng
  • Johanna Jourdain
  • Laurence Hofmann
  • Matthias Desmarais
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 17/07/2019

Nous réitérons notre opinion Achat avec un OC de 15.60 €. Au-delà du retour à la confiance du marché, l’enjeu demeure le prochain plan stratégique qui sera dévoilé en fin d’année 2019. Il devra être fondé sur un socle d’amélioration de la performance opérationnelle et de retour à la création de valeur afin de constituer le catalyseur d’une revalorisation du groupe. Notre analyse des différentes options stratégiques aboutit à un risk reward positif. - ...

Ahmed Ben Salem ...
  • Alfred Glaser
  • Bruno Cavalier
  • Charles Lepetitpas
  • Delphine Brault
  • François Maury
  • Georges Dieng
  • Jerôme Bodin
  • Nicolas David
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 07/15/2019

...

Ahmed Ben Salem ...
  • Alfred Glaser
  • Bruno Cavalier
  • Charles Lepetitpas
  • Delphine Brault
  • François Maury
  • Georges Dieng
  • Jerôme Bodin
  • Nicolas David
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 15/07/2019

...

Ahmed Ben Salem ...
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Florent Laroche-Joubert
  • Jean-François Granjon
  • Johanna Jourdain
  • Martial Descoutures
  • Matthias Desmarais
  • Pierre Corby
  • Yassine Batini

ODDO BHF Small & MIDCAP MORNING NEWS - 07/02/2019

...

Philip Morrish

Value Indicator - UK Basic Resources 22072019

Currently '(TM)Value Indicator - UK Basic Resources' is a value analysis of the Basic Resources super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Main Market 22052019

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Construction & Materials 15052019

Currently '(TM) Value Indicator - UK Basic Resources' is a value analysis of the basic resources super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Main Market 15052019

Curretly ' (TM) Value Indicaotro - Uk main market ' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Basic Resources 08072019

Currently' (TM)Value Indicator - UK Basic Resources' is a value analysis of the Basic Resources super sector of quoted companies listed on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

ING
Hendrik Wiersma ...
  • Jeroen van den Broek
  • Job Veenendaal
  • Nadège Tillier
  • Suvi Platerink Kosonen

Coffee, Croissants & Credit/Tesco, German 5G Auction, Italgas and BP

Tesco 1Q19/20: growth slows against strong comparable. 2023 bond offers value

ING
Nadège Tillier

BP World Energy Statistics/2018 energy consumption up, carbon emissions as well

Following its 2019 Energy Outlook published in February, BP delivered its Statistical Review of World Energy today, providing statistics for full year 2018. Primary energy consumption grew again in 2018, driven by renewables and natural gas. The world also consumed more oil (+1.2% vs 2017) with the Asia Pacific region (+3%), notably Vietnam (+5.8%) and China (+5.1%), showing the biggest surge. A direct consequence of the higher energy demand, worldwide carbon emissions also went up (+2%), despite the Paris Agreement and an overall higher awareness of climate issues.

MarketLine Department

Anadarko Petroleum Corporation - Strategy, SWOT and Corporate Finance Report

Summary Anadarko Petroleum Corporation - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Anadarko Petroleum Corporation (Anadarko or “the company”) is an exploration and production company that explores, develops, produces and sells natural gas, oil, and natural gas liquids (NGLs). The company also carries out the gathering, processing, treating, and transporting ...

MarketLine Department

OMV AG - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's OMV AG Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by OMV AG since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlights This repo...

MarketLine Department

Concho Resources Inc. - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Concho Resources Inc. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Concho Resources Inc. since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advanta...

MarketLine Department

TOTAL S.A. - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's TOTAL S.A. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by TOTAL S.A. since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlights T...

MarketLine Department

Repsol, S.A. - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Repsol, S.A. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Repsol, S.A. since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlight...

Expert Corporate Governance Service (ECGS)

BP - AGM 21 May 2019

Item 22:  To request that the Board report to shareholders on the strategy to be consistent with the goals of the Paris Agreement The proposal has been filed by Climate Action 100+ (CA100+) with support from the environmental law group Client Earth. Shareholders may wish to note that the coordinator of CA100+ is the Institutional Investors Group on Climate Change (IIGCC), which is the current name of the former “Aiming for A”coalition. At the 2015 AGM, a climate change resolution submitted by Aiming for A reached 98% support at BP.  CA100+ proposes that the Company include a description of t...

BP PLC – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Matthieu DRIOL

Analyse court terme - BP PLC : La tendance est incertaine.

La tendance est incertaine. Les cours baissent, mais la tendance manque de puissance pour le moment. Le prochain support est à 534,03 p.

Matthieu DRIOL

Short term view - BP PLC : The trend is uncertain.

The trend is uncertain. Prices are falling, but the trend is lacking power for the time being. The next support is at 534.03 p.

Matthieu DRIOL

Analyse court terme - BP PLC : La tendance est incertaine.

La tendance est incertaine. Les cours baissent, et il y a une possibilité d'accélération baissière. Une nouvelle tendance baissière tente de démarrer.

Matthieu DRIOL

Short term view - BP PLC : The trend is uncertain.

The trend is uncertain. Prices are falling and they may accelerate to the downside. A new bearish trend is attempting to emerge.

Matthieu DRIOL

Medium term view - BP PLC : The correction is gaining traction.

The background trend is clearly bullish. The correction is gaining traction. It is too early to qualify this action as a bearish reversal. The trend would be invalidated below the support at 534.28 p.

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