We have identified a list of several trending energy stocks that appear have recently received buy ratings from top Wall Street analysts and are showing positive investor sentiment, as well as news headlines. With that said, our editors here at energystockmovers.com, are adding these energy companies to our watchlist to see if this momentum continues. Our watchlist includes trending energy stocks within the entire energy sector including green energy, renewable energy, fossil fuels, crude oil, oil and natural gas, gas pipelines and exploration and production.
Summary: BP has come a long way since the Gulf of Mexico oil spill incident in 2010, which followed the explosion on the British energy giant's Deepwater Horizon rig. To combat its huge litigation expenses that stemmed from the disaster, the company embarked on a massive asset divestment program and relied significantly on debt capital. BP successfully settled all litigation with the relatively insignificant cash outlays remaining. BP has been banking on its strong portfolio of upstream projects. BP is also on track to capitalize on the global economy's transition to lower carbon fuels. The company has been investing in renewable energy business with a plan to ramp up capital spending for non-oil and gas business. In fact, BP has plans of becoming carbon-neutral by 2050. Its reportable segments now are: Oil Production & Operations, Gas & Low Carbon Energy, Customers & Products and Rosneft.It entered a non-binding MOU with'Eni to combine their upstream portfolios into a joint venture in Angola.
- Recent BP Stock Price: $38.65
- BP Yearly Gain: 20.11%
- BP Market Cap: $103.73B
- BP P/E Ratio: -71.959
Will BP's stock price go up? Is there an accurate BP stock forecast available?
TipRanks.com reports that BP stock currently has 10 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $39.02. The target pricing ranges from a high BP forecast of $53.00 down to a low forecast of $7.19. BP (BP)’s last closing stock price was $38.65 which would put the average price target at 0.96% upside.
In addition, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on BP stock.
Other analysts covering BP stock include:
- Paul Cheng of Scotiabank issued a Buy rating with the price target of $ 45 on 20 hours ago
- Jason Gabelman of Cowen & Co. issued a Hold rating with the price target of $ 37 on 20 hours ago
- Oswald Clint of Bernstein issued a Buy rating with the price target of $ 53 on 20 hours ago
- Christopher Kuplent of Bank of America Securities issued a Hold rating with the price target of $ 7.19 on 20 hours ago
If you are wondering if BP is a good stock to buy, here are 3rd party ratings for BP stock:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Top 24% (60 out of 250)
What is the sentiment on the street regarding BP stock? (Current ratings for BP stock compiled by TipRanks.com)
- BP News Sentiment: Bearish
- BP Blogger Consensus: Bullish
- BP Media Buzz: High
- BP Insider Signal: n/a
- BP Investor Sentiment: Very Positive
- BP Hedge Fund signal: Positive
The stock market is extremely volatile, and you need to do your own research on BP including even scouring the social networks like BP StockTwits, BP Reddit, BP Twitter before you decide to make any investment.
Click here for BP stock chart >>
Summary: BP PLC provides energy products and services. The Company is the parent company of the BP group of companies. The Company has two main operating segments, Upstream and Downstream. Its upstream segment manages exploration, development and production activities through global functions with specialist areas of expertise. Its downstream segment operates hydrocarbon value chains covering three main businesses - fuels, lubricants and petrochemicals. has operations in around 80 countries. The Company manufactures and markets lubricants and related products and services directly in about 45 countries and use approved local distributors for other geographies. Its fuels business is made up of regionally based integrated fuels value chains, which include reï¬neries and fuels marketing businesses together with global oil supply and trading activities. The Company supplys fuel and related convenience services to consumers at approximately 17,800 BP-branded retail sites and have operations in almost 50 countries.
- Recent BPAQF Stock Price: $6.38
- BPAQF Yearly Gain: 35.23%
- BPAQF Market Cap: $103.73B
- BPAQF P/E Ratio: 533.275
Will BPAQF's stock price go up? Is there an accurate BPAQF stock forecast available?
TipRanks.com reports that BP p.l.c. stock currently has 11 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $8.64. The target pricing ranges from a high BPAQF forecast of $13.56 down to a low forecast of $7.25. BP p.l.c. (BPAQF)’s last closing stock price was $6.38 which would put the average price target at 35.49% upside.
In addition, TradingView issued a Strong Buy rating for BPAQF over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on BPAQF stock.
Other analysts covering BPAQF stock include:
- Lydia Rainforth of Barclays issued a Buy rating with the price target of $ 12.05 on 20 hours ago
- Oswald Clint of Bernstein issued a Buy rating with the price target of $ 8.79 on 20 hours ago
- Michele Della Vigna of Goldman Sachs issued a Buy rating with the price target of $ 8.31 on 1 day ago
- Giacomo Romeo of Jefferies issued a Hold rating with the price target of $ 6.63 on 1 day ago
If you are wondering if BPAQF is a good stock to buy, here are 3rd party ratings for BPAQF stock:
- TipRanks.com: Strong Buy
- TradingView.com: Strong Buy
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: n/a, n/a
What is the sentiment on the street regarding BP p.l.c. stock? (Current ratings for BPAQF stock compiled by TipRanks.com)
- BPAQF News Sentiment: Very Bullish
- BPAQF Blogger Consensus: n/a
- BPAQF Media Buzz: High
- BPAQF Insider Signal: n/a
- BPAQF Investor Sentiment: Very Positive
- BPAQF Hedge Fund signal: No Signal
The stock market is extremely volatile, and you need to do your own research on BPAQF including even scouring the social networks like BPAQF StockTwits, BPAQF Reddit, BPAQF Twitter before you decide to make any investment.
Click here for BPAQF stock chart >>
One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
The Editor, EnergyStockMovers.com
EnergyStockMovers.com keeps investors informed of trending energy stocks within the entire energy sector including green energy, renewable energy, fossil fuels, oil and natural gas, crude oil, gas pipelines and exploration and production. We provide investors with timely information regarding top moving stocks in the energy sector sourced from our proprietary stocks screens, energy stock earnings reports, energy stock dividend yields, partner stock analysts and breaking news that identify and monitor stocks that are on the move. The stock prices or share prices are not real time and are delayed at least 15 minutes. Join thousands of investors who already signed up for our free subscription to EnergyStockMovers.com
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