Brokers Set Expectations for BP’s FY2026 Earnings (NYSE:BP)

BP p.l.c. (NYSE:BP) – Equities researchers at Scotiabank increased their FY2026 EPS estimates for BP in a research note issued on Thursday, February 19th. Scotiabank analyst P. Cheng now anticipates that the oil and gas exploration company will earn $1.55 per share for the year, up from their previous forecast of $1.25. The consensus estimate for BP’s current full-year earnings is $3.53 per share. Scotiabank also issued estimates for BP’s FY2027 earnings at $2.10 EPS.

BP (NYSE:BP) last posted its quarterly earnings data on Tuesday, February 10th. The oil and gas exploration company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.57 by $0.03. The firm had revenue of $47.38 billion during the quarter, compared to analyst estimates of $42.19 billion. BP had a net margin of 0.03% and a return on equity of 9.68%. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter last year, the business posted $0.44 EPS.

BP has been the subject of a number of other reports. Wells Fargo & Company increased their target price on shares of BP from $37.00 to $39.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 5th. Argus raised shares of BP to a “hold” rating in a report on Tuesday, February 17th. Weiss Ratings raised BP from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, January 30th. Santander upgraded BP to an “outperform” rating in a research report on Monday, November 3rd. Finally, Wall Street Zen cut shares of BP from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have given a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $37.35.

BP Stock Performance

Shares of BP stock opened at $38.21 on Monday. The firm has a market capitalization of $100.18 billion, a P/E ratio of -3,816.68, a price-to-earnings-growth ratio of 1.79 and a beta of 0.33. The company has a current ratio of 1.26, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The business’s fifty day simple moving average is $36.10 and its 200 day simple moving average is $35.35. BP has a 12 month low of $25.22 and a 12 month high of $39.51.

Hedge Funds Weigh In On BP

Large investors have recently bought and sold shares of the business. Strategic Advocates LLC acquired a new stake in BP during the 3rd quarter worth $25,000. Heartwood Wealth Advisors LLC acquired a new stake in shares of BP during the third quarter worth $26,000. Twin Peaks Wealth Advisors LLC acquired a new position in BP in the second quarter valued at about $27,000. YANKCOM Partnership boosted its holdings in BP by 1,068.3% during the fourth quarter. YANKCOM Partnership now owns 958 shares of the oil and gas exploration company’s stock worth $33,000 after buying an additional 876 shares during the last quarter. Finally, Triumph Capital Management bought a new stake in shares of BP in the 3rd quarter valued at about $43,000. 11.01% of the stock is currently owned by institutional investors and hedge funds.

BP Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, February 20th will be given a $0.4992 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date is Friday, February 20th. BP’s dividend payout ratio (DPR) is presently -19,800.00%.

BP Company Profile

BP plc is a British multinational integrated energy company headquartered in London. Originating in the early 20th century as the Anglo-Persian Oil Company, BP has grown into one of the world’s largest oil and gas companies, operating across exploration and production, refining and marketing, trading, and a range of low-carbon businesses.

The company’s core activities include upstream exploration and production of crude oil and natural gas, midstream and trading operations, and downstream refining, marketing and supply of fuels, lubricants and petrochemicals.