BP p.l.c. (LON:BP) Insider Murray Auchincloss Purchases 100 Shares

BP p.l.c. (LON:BP) insider Murray Auchincloss purchased 100 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The shares were purchased at an average price of GBX 373 ($4.80) per share, for a total transaction of £373 ($479.99).

BP Trading Down 1.5 %

LON:BP opened at GBX 367.30 ($4.73) on Wednesday. BP p.l.c. has a 12 month low of GBX 379.70 ($4.89) and a 12 month high of GBX 562.30 ($7.24). The company has a current ratio of 1.24, a quick ratio of 0.62 and a debt-to-equity ratio of 79.91. The firm’s 50 day moving average is GBX 400.96 and its 200 day moving average is GBX 444.30. The stock has a market capitalization of £58.22 billion, a PE ratio of 1,130.30, a price-to-earnings-growth ratio of 0.35 and a beta of 0.49.

BP Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 7th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a dividend yield of 1.54%. BP’s payout ratio is presently 6,969.70%.

Wall Street Analysts Forecast Growth

BP has been the topic of several recent analyst reports. Berenberg Bank reissued a “hold” rating and set a GBX 510 ($6.56) target price on shares of BP in a research report on Monday, August 5th. Bank of America reissued a “buy” rating and issued a GBX 500 ($6.43) price objective on shares of BP in a research report on Wednesday, September 4th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of BP in a research report on Tuesday, September 24th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 632 ($8.13).

BP Company Profile

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.