Analysis of BP share price

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Many stock market investors today are interested in the oil market. It is now possible, thanks to CFDs, to bet online on the evolution of the trend of shares of oil groups. Today we offer you some information about the BP share to analyze its price.  

Latest news

Why is BP announcing the decline of oil?

17/09/2020 - 13h41

The BP Group has issued alarming forecasts for the oil market over the next 30 years. Let's find out together what this scenario is based on and what the future holds for the oil majors.

Elements that can influence the price of this asset:

Analysis N°1

The results of the BP group are of course very important in the study of its share price on the stock market. These results are most often officially published on the website of this oil company, but also included in the financial news of this market. These are mainly turnover and net profit, which reflect the company's profitability.

Analysis N°2

Other financial publications are important to properly analyze the BP share price, such as the dividend payment schedule, which will provide you with information on shareholder compensation. Indeed, high-dividend stocks tend to appreciate in value and their price to increase and vice versa.

Analysis N°3

As the share price of oil companies is strongly influenced by the cost of raw materials and therefore more precisely of oil, you will have to closely monitor the evolution of barrel crude oil price as well as all the news and events likely to have an influence on it.

Analysis N°4

Data on BP's direct exploitation of oil fields and the discovery of new fields are also important for a complete fundamental analysis.

Analysis N°5

Finally, you will carry out an analysis of the competition in this sector by also monitoring the results, news and market share trends of major oil companies such as Total, Technip or Chevron.

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About the BP Group:

You undoubtedly know of BP, or have at least heard the name, and for a good reason. The BP group is very popular and extremely well known as it is one of the global leaders in the petroleum industry. Of course, its activity is divided among different sectors, primarily the refining and distribution of oil, but also exploration and the production of hydrocarbons.

BP is a British group that in fact attains no less than 66% of its turnover from around the world.


The major competitors of BP:


The major partners of BP:

The BP Group has also implemented certain strategic partnerships with other large companies.


Analysis of the price of BP shares:

The price of BP shares is currently quoted on the English market of the London Stock Exchange. It also integrates the calculation of the Stoxx Europe 50 Index.


Factors in favour of a rise in the BP share price:

Understanding the strengths and weaknesses of the BP Group is absolutely necessary if you plan to speculate on this company’s share price on the stock markets. In fact, to implement comprehensive analyses and make a correct prediction of this asset’s movements you must understand the strong and weak points of this company.

We shall commence this analysis with a summary of the advantages of BP shares and the strong points of this company share on the stock markets against the competition:


Arguments in favour of a drop in the BP share price:

The BP Group has, as we have just noted, numerous advantages. However it also has certain weaknesses that we shall now examine through this list of the most significant weak points of this company:

The advantages and disadvantages that we have mentioned relating to the BP Company are of course susceptible to change over time and this is why you should complete a comprehensive fundamental analysis before speculating on this asset using up to date information based on current events and news from this sector.

Frequently Asked Questions

What were the different names of the BP company?

In the course of its history, the BP Group has changed its name several times. The company was first established in 1909 as a company engaged in the exploration, extraction, refining and sale of oil under the name Anglo-Persian Oil Company or APOC. It then became Anglo-Iranian Oil Company or OIAC in 1935, then British Petroleum Company or BP in 1954. Its name will then become BPAmoco in 2001 before reverting back to BP.

Is the BP share price quoted on several financial markets?

Some international companies benefit from multiple listings, which means that their shares are listed on several markets. This is also the case for BP, which is listed on the New York Stock Exchange, the London Stock Exchange, the Frankfurt Stock Exchange under the symbol BPE and on the Tokyo Stock Exchange under the reference 5051.

What is the most important factor influencing the BP share price?

While there are several elements that can influence BP's share price, as discussed in our fundamental analysis guidance in this article, some data will be more influential than others. This is particularly the case for the price of a barrel of oil, which is probably the element that has the most direct impact on the company and should therefore be closely monitored.

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76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.