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 $28.08, down 0.85% from the previous day, and has decreased 27.83% in one year. It has underperformed other stocks in the Oil & Gas Integrated industry by 0.18 percentage points. Bp stock is currently +11.32% from its 52-week low of $25.23, and -29.32% from its 52-week high of $39.73.
At the moment, there are 15.85B shares of BP outstanding. The market value of BP is $74.33B. In the last 24 hours, 8.07M BP shares were traded.
How to Buy Bp Stock
Not sure how to invest in Bp stock? Here's how.
- 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.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Choose your method of payment and add your information.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
Based on our experience, eToro is the best brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
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- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 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.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new trading account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
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.
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 Due Diligence 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 overvalued based on its P/E ratio of 196.36x, relative to Oil & Gas Integrated industry P/E ratio of 18.45x
- BP may be undervalued based on its P/B ratio of 1.25x, relative to Oil & Gas Integrated industry P/B ratio of 1.38x
- BP may be undervalued based on its PEG ratio of 0.56x
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 $27.30B allows it to safely service it's debt of $71.55B.
Negative Health Checks:
- Total BP debt is higher than 5 years ago, relative to shareholder equity.
- BP earnings of $10.62B 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 7.2% to 0.2% in the past year.
- BP has a relatively high debt to equity ratio of 3.44.
Is Bp stock a Buy, Hold, or Sell, according to analysts?
Out of 6 sell side analysts who research BP, the consensus analyst rating on Bp is a Hold
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Latest BP Analyst Forecasts
Ryan Todd, a top 8% analyst from Piper Sandler maintains BP with a hold rating and lowers their BP price target from $36.00 to $32.00, on Dec 19, 2024.
You can dive deeper into what analysts are saying on the Bp stock forecast page.
BP Momentum
BP Performance Metrics
Last year, BP earnings were $381.00M. During the last five year, BP's earnings have grown by -34.54% per year. This was slower than the Oil & Gas Integrated industry average of 22.33%.
Last year, BP revenue was $194.63B. Over the last 5 year, BP's revenue has grown by 3.54% per year. This was slower than the Oil & Gas Integrated industry average of 4.46%.
Dig into 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 6.68%, compared to the Oil & Gas Integrated industry's average dividend yield of 5.39%. If you owned $1,000 worth of BP stock, you would have received $66.82 last year.
Bp dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more info about Bp dividend yield and history here.
What others are saying about BP
One of the biggest reasons eToro is our top-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 order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you need more help buying stocks on eToro, watch the how to video below:
Step 6: Track your BP investment
Now that you own some shares in BP, you'll want to stay up-to-date on your investment.
Create a watchlist to track the latest developments regarding your BP stock.
BP Feed
How to Buy Stock in Bp
To reiterate, here are the 6 steps to buy stock in Bp:
- Figure out where to buy Bp stock
- Create your brokerage account
- Put funds into your investment account
- Analyze Bp stock
- Execute your BP purchase
- Track your BP investment
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to track your investment in Bp, hit the button below to create your watchlist.
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