News articles about BP (NYSE:BP) have been trending somewhat negative this week, according to Accern. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. BP earned a daily sentiment score of -0.01 on Accern’s scale. Accern also assigned news articles about the oil and gas exploration company an impact score of 47.6382043491827 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
Shares of BP (NYSE BP) traded up $0.03 during trading on Wednesday, hitting $42.90. 2,742,426 shares of the stock traded hands, compared to its average volume of 4,310,000. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 0.88. BP has a 1 year low of $33.10 and a 1 year high of $43.17. The company has a market capitalization of $142,340.00, a PE ratio of 36.67, a price-to-earnings-growth ratio of 0.91 and a beta of 0.97.
The company also recently announced a quarterly dividend, which was paid on Thursday, December 21st. Stockholders of record on Friday, November 10th were issued a $0.60 dividend. This is a boost from BP’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $2.40 annualized dividend and a dividend yield of 5.59%. BP’s dividend payout ratio (DPR) is currently 203.42%.
A number of research analysts have commented on the stock. Piper Jaffray Companies reiterated a “buy” rating and set a $39.00 price target on shares of BP in a research report on Thursday, September 28th. Scotiabank reiterated a “buy” rating and set a $39.00 price target on shares of BP in a research report on Wednesday, November 1st. Vetr cut shares of BP from a “strong-buy” rating to a “buy” rating and set a $43.32 price target on the stock. in a research report on Wednesday, October 4th. Zacks Investment Research cut shares of BP from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 26th. Finally, TheStreet upgraded shares of BP from a “c” rating to a “b” rating in a research report on Wednesday, November 8th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the company. BP has an average rating of “Hold” and a consensus price target of $38.63.
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BP Company Profile
BP p.l.c. is an integrated oil and gas company. The Company owns an interest in OJSC Oil Company Rosneft (Rosneft), an oil and gas company. The Company’s segments include Upstream, Downstream, Rosneft, and Other businesses and corporate. The Upstream segment is engaged in oil and natural gas exploration, field development and production, as well as midstream transportation, storage and processing.
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