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How to Buy Bp Stock

Bp PLC

Bp is a oil & gas integrated company located in United Kingdom, which is part of the Energy sector, and is traded under the ticker BP on the NYSE exchange.

Bp stock last closed at $37.57, up 1.73% from the previous day, and has increased 11.45% in one year. It has underperformed other stocks in the Oil & Gas Integrated industry by 0.12 percentage points. Bp stock is currently +12.08% from its 52-week low of $33.52, and -8.01% from its 52-week high of $40.84.

At the moment, there are 16.88B shares of BP outstanding. The market value of BP is $105.94B. In the last 24 hours, 4.34M BP shares were traded.

How to Buy Bp Stock

Not sure how to invest in Bp stock? Here's how.
  1. Figure out where to buy Bp stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Bp stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Choose your method of payment and add your information.
  4. Analyze Bp stock: The Bp ticker symbol is BP. Is Bp stock a good investment? Should you buy shares of BP? How do BP's underlying business fundamentals look? Do top analysts think Bp is a good buy? Why has BP's stock price moved recently? (Hint: Our stock research website can help you figure out if BP is a good stock to buy).
  5. Execute your BP purchase: Decide if you will purchase BP shares at the current market price or use a limit order to buy BP shares at a given price.
  6. Track your BP investment: Create a watchlist to get live updates on your position in Bp stock.

Step 1: Figure out where to buy Bp stock

You will need an online brokerage account in order to access the NYSE market and buy BP stock.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected the right brokerage, the next step is to fill out some personal details so you can buy BP stock today.

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  2. Input your personal info to open a new trading account.
  1. Submit your information by clicking the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you have filled out your info on the stocks app, you can securely and quickly fund your account:

Watch the tutorial below if you need help transferring money into your brokerage account.

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Step 4: Analyze Bp stock

After you have decided on the best place to buy Bp stock, it's very important to analyze their stock prior to buying, so you truly understand the risk and opportunity.

Bp stock data

BP Price
$37.57
1w %
2.31%
1y %
11.45%
5y %
-7.74%
P/E
11.38x
P/B
1.52x
P/S
0.51x
PEG
0.44x
Revenue
$206.04B
Earnings
$9.28B
Fore. Rev. Growth
8.63%
Fore. Earn. Growth
28.57%
Market Cap
$105.94B
Next Earnings
Jul 30, 2024
Next Dividend
Jun 28, 2024

Bp Zen Score

WallStreetZen was created to help everyday investors perform better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on BP's stock page.

Is BP stock properly valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge BP's intrinsic value.

Using relative valuations methods:

  • BP could be undervalued based on its P/E ratio of 11.38x, relative to Oil & Gas Integrated industry P/E ratio of 11.91x
  • BP may be undervalued based on its P/B ratio of 1.52x, relative to Oil & Gas Integrated industry P/B ratio of 1.64x
  • BP may be undervalued based on its PEG ratio of 0.44x

You can access more valuation research on BP's stock here.

BP Financial Health

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the BP balance sheet.
  • BP's operating cash flow of $29.43B allows it to safely service it's debt of $64.07B.

Negative Health Checks:

  • Total BP debt is higher than 5 years ago, relative to shareholder equity.
  • BP earnings of $20.02B is not enough to cover its interest payments.
  • There are more long-term liabilities than short-term assets on the BP balance sheet.
  • BP profit margin has gone down from 10.3% to 4.5% in the past year.
  • BP has a relatively high debt to equity ratio of 2.73.

Is Bp stock a Buy, Hold, or Sell, according to analysts?

Out of 5 sell side analysts who research BP, the consensus analyst rating on Bp is a Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Bp stock forecast page.

BP Trading Indicators

SMA10
37.05
SMA20
37.51
SMA50
38.2
SMA100
36.92
SMA200
36.94
MACD
-0.34
MACD Signal
-0.34
MACD Histogram
0.01
RSI
49.5
Stochastic %K
44.49
Stochastic %D
39.59
StochRSI %K
80.03
StochRSI %D
75.96

BP Performance Numbers

Last year, BP earnings were $9.28B. Over the last five year, BP's earnings have increased by 2.3% per year. This was slower than the Oil & Gas Integrated industry average of 12.48%.

Last year, BP revenue was $206.04B. Over the past 5 year, BP's revenue has gone up by 4.12% per year. This was faster than the Oil & Gas Integrated industry average of 3.43%.

Learn more about BP's earnings and revenue performance here.

Are BP insiders buying or selling the stock?

In the past 12 months, insiders at BP have not bought or sold any shares.

Get more info about who owns BP shares here.

Can I rely on BP as an income stream?

Bp pays a dividend of 4.64%, compared to the Oil & Gas Integrated industry's average dividend yield of 5.41%. If you owned $1,000 of BP stock, you would have received $46.44 in the past 12 months.

Bp dividend payments have not consistently grown over the past decade and have not remained stable.

Get more info about Bp dividend yield and history here.

What do other traders have to say about BP?

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Execute your BP purchase

You have two primary options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually sufficient.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a specific dollar amount limit, place a limit order.

Press the Open button and eToro will execute your order.

If you require additional help buying stocks on eToro, click the how to video below:

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Step 6: Track your BP investment

Now that you own some BP stock, you'll want to stay up-to-date on your new investment.

Add BP to a watchlist to monitor your BP stock.

BP Feed

How to Buy Stock in Bp

To reiterate, here are the 6 steps for buying Bp stock:

  1. Figure out where to buy Bp stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Analyze Bp stock
  5. Execute your BP purchase
  6. Track your BP investment

If you need a place to buy stocks, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep tabs on your investment in Bp, click below.

NYSE: BP
$37.57+0.64 (+1.73%)
Updated May 31, 2024
Open eToro Account
NYSE: BP
$37.57+0.64 (+1.73%)
Updated May 31, 2024
Open eToro Account

FAQ

How much does it cost to buy one Bp share?

As of May 31, 2024, it costs $37.57 to buy one share of Bp stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.266 shares of BP.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Bp stock?

According to 5 Wall Street analysts who monitor Bp, their consensus recommendation is to buy Bp stock.

What is the best way to buy Bp stock?

One way to place an order for Bp stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.