🛢️ BP PLC: Energy Giant in Transition
Founded in 1909, BP is one of the world’s largest integrated oil and gas companies, with operations spanning exploration, production, refining, and renewables. Headquartered in London and listed on the FTSE 100, BP is actively reshaping its portfolio to balance hydrocarbons with low-carbon energy.
📈 Share Price & Performance
- Share Price: 414.5p
- 1 Day: +2.07%
- Year-to-Date: +10%
- 12-Month Return: –5%
- Market Cap: ~£70 billion
Despite a dip over the past year, BP has rebounded in 2025, driven by strategic oil discoveries and cost-cutting.
💰 Valuation Metrics
- P/E Ratio (Forward): 11.8
- Slightly below the FTSE average, suggesting reasonable pricing.
- PEG Ratio: ~0.85
- Indicates undervaluation relative to expected growth, especially appealing for value investors.
💸 Dividend & Yield
- Dividend Yield: 6.1%
- Quarterly Dividend: 8.32 cents (raised from 8 cents)
- Buyback Programme: $750 million for Q2
BP continues to reward shareholders through generous dividends and steady buybacks, even amid volatile oil prices.
🧠 Analyst Sentiment & Strategy
BP reported Q2 net income of $1.63 billion, beating expectations. It also announced its largest oil discovery in 25 years, off the coast of Brazil. The company is targeting $4–5 billion in cost cuts by 2027, with $938 million already achieved in H1 2025.