Press coverage about BP (NYSE:BP) has been trending somewhat negative this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. BP earned a daily sentiment score of -0.01 on Accern’s scale. Accern also assigned media headlines about the oil and gas exploration company an impact score of 47.6382043491827 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
Several equities research analysts recently commented on BP shares. Piper Jaffray Companies reissued a “buy” rating and issued a $39.00 price target on shares of BP in a research note on Thursday, September 28th. Scotiabank reaffirmed a “buy” rating and set a $39.00 target price on shares of BP in a research report on Wednesday, November 1st. Vetr cut BP from a “strong-buy” rating to a “buy” rating and set a $43.32 target price for the company. in a research report on Wednesday, October 4th. TheStreet raised BP from a “c” rating to a “b” rating in a research report on Wednesday, November 8th. Finally, Kepler Capital Markets raised BP from a “reduce” rating to a “hold” rating in a research report on Tuesday, October 3rd. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $38.63.
BP (BP) traded up $0.42 during trading on Wednesday, reaching $42.88. The company had a trading volume of 4,340,000 shares, compared to its average volume of 4,390,000. The company has a market capitalization of $143,330.00, a PE ratio of 36.65, a price-to-earnings-growth ratio of 0.93 and a beta of 0.97. BP has a fifty-two week low of $33.10 and a fifty-two week high of $43.99. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.88 and a current ratio of 1.18.
BP (NYSE:BP) last posted its quarterly earnings results on Tuesday, October 31st. The oil and gas exploration company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.07. BP had a return on equity of 4.52% and a net margin of 1.70%. research analysts predict that BP will post 1.82 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Thursday, December 21st. Shareholders of record on Friday, November 10th were issued a dividend of $0.60 per share. The ex-dividend date was Thursday, November 9th. This represents a $2.40 dividend on an annualized basis and a yield of 5.60%. This is a boost from BP’s previous quarterly dividend of $0.60. BP’s dividend payout ratio (DPR) is 203.42%.
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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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