BP
About: BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2024, it produced 1.2 million barrels of liquids and 6.9 billion cubic feet of natural gas per day. At the end of 2023, reserves stood at 6.8 billion barrels of oil equivalent, 55% of which are liquids. The company operates refineries with a capacity of 1.6 million barrels of oil per day.
Employees: 100,500
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
62% more call options, than puts
Call options by funds: $1.14B | Put options by funds: $704M
21% more funds holding in top 10
Funds holding in top 10: 14 [Q3] → 17 (+3) [Q4]
6% more capital invested
Capital invested by funds: $8.9B [Q3] → $9.41B (+$511M) [Q4]
0.15% more ownership
Funds ownership: 1.76% [Q3] → 1.9% (+0.15%) [Q4]
0% more first-time investments, than exits
New positions opened: 132 | Existing positions closed: 132
2% less funds holding
Funds holding: 1,080 [Q3] → 1,057 (-23) [Q4]
39% less repeat investments, than reductions
Existing positions increased: 284 | Existing positions reduced: 467
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
TD Securities Jason Gabelman 26% 1-year accuracy 7 / 27 met price target | 5%upside $36 | Hold Downgraded | 19 Mar 2025 |
Wells Fargo Roger Read 42% 1-year accuracy 47 / 112 met price target | 8%upside $37 | Equal-Weight Maintained | 12 Feb 2025 |
Raymond James Justin Jenkins 47% 1-year accuracy 9 / 19 met price target | 8%upside $37 | Outperform Maintained | 17 Jan 2025 |
Morgan Stanley Martijn Rats 80% 1-year accuracy 4 / 5 met price target | 8%downside $32 | Equal-Weight Maintained | 7 Jan 2025 |
Financial journalist opinion
Based on 52 articles about BP published over the past 30 days
