BP (NYSE:BP) Earns Daily Media Impact Score of 0.07

Headlines about BP (NYSE:BP) have trended somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BP earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news headlines about the oil and gas exploration company an impact score of 43.9538392684396 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the news headlines that may have effected Accern’s analysis:

Several brokerages have commented on BP. TheStreet upgraded shares of BP from a “c” rating to a “b” rating in a research note on Wednesday, November 8th. Zacks Investment Research upgraded shares of BP from a “hold” rating to a “buy” rating and set a $46.00 price target on the stock in a research note on Tuesday, November 7th. Scotiabank reissued a “buy” rating and issued a $39.00 price objective on shares of BP in a report on Wednesday, November 1st. Vetr raised BP from a “hold” rating to a “buy” rating and set a $40.48 price objective for the company in a report on Friday, November 17th. Finally, Piper Jaffray Companies reissued a “buy” rating and issued a $51.00 price objective on shares of BP in a report on Wednesday, January 24th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $40.05.

BP (NYSE BP) opened at $39.69 on Wednesday. BP has a 52-week low of $33.10 and a 52-week high of $44.62. The firm has a market capitalization of $131,956.53, a price-to-earnings ratio of 38.91, a PEG ratio of 0.76 and a beta of 0.91. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.16 and a quick ratio of 0.86.

BP (NYSE:BP) last announced its quarterly earnings results on Tuesday, February 6th. The oil and gas exploration company reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.02). The firm had revenue of $67.82 billion during the quarter, compared to analysts’ expectations of $56.85 billion. BP had a net margin of 1.39% and a return on equity of 6.19%. The company’s quarterly revenue was up 33.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.13 EPS. sell-side analysts forecast that BP will post 2.81 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Friday, February 16th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 6.05%. The ex-dividend date is Thursday, February 15th. BP’s dividend payout ratio is presently 233.34%.

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About BP

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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