Erste Group Bank Has Negative Outlook for BP FY2026 Earnings

BP p.l.c. (NYSE:BP) – Stock analysts at Erste Group Bank reduced their FY2026 earnings per share estimates for shares of BP in a research note issued on Wednesday, July 15th. Erste Group Bank analyst H. Engel now forecasts that the oil and gas exploration company will post earnings of $5.04 per share for the year, down from their previous estimate of $5.28. The consensus estimate for BP’s current full-year earnings is $5.24 per share.

BP (NYSE:BP) last posted its quarterly earnings data on Tuesday, April 28th. The oil and gas exploration company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.24. BP had a net margin of 1.62% and a return on equity of 12.06%. The company had revenue of $52.26 billion during the quarter, compared to analyst estimates of $48.50 billion. During the same period in the prior year, the firm earned $0.53 earnings per share. The business’s quarterly revenue was up 11.4% on a year-over-year basis.

A number of other research firms have also commented on BP. Morgan Stanley raised shares of BP from an “equal weight” rating to an “overweight” rating and set a $49.40 price objective for the company in a research note on Tuesday, March 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of BP in a report on Thursday, June 18th. Zacks Research lowered BP from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. BNP Paribas Exane set a $57.00 price objective on BP and gave the stock an “outperform” rating in a research note on Friday, April 17th. Finally, Wall Street Zen raised BP from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, BP currently has an average rating of “Moderate Buy” and an average target price of $46.64.

BP Stock Performance

BP stock opened at $41.91 on Monday. BP has a fifty-two week low of $31.58 and a fifty-two week high of $48.27. The firm’s 50 day simple moving average is $41.39 and its 200-day simple moving average is $41.09. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.22 and a quick ratio of 0.87. The company has a market cap of $109.77 billion, a P/E ratio of 34.92, a price-to-earnings-growth ratio of 0.77 and a beta of 0.17.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Atlas Brown Inc. increased its position in BP by 1.0% in the 2nd quarter. Atlas Brown Inc. now owns 36,925 shares of the oil and gas exploration company’s stock worth $1,364,000 after purchasing an additional 370 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of BP by 18.6% during the 2nd quarter. GAMMA Investing LLC now owns 10,052 shares of the oil and gas exploration company’s stock valued at $371,000 after buying an additional 1,573 shares during the last quarter. Versant Capital Management Inc grew its stake in shares of BP by 4.8% in the 2nd quarter. Versant Capital Management Inc now owns 7,953 shares of the oil and gas exploration company’s stock valued at $294,000 after buying an additional 366 shares in the last quarter. Confluence Investment Management LLC acquired a new position in BP in the second quarter worth approximately $1,303,000. Finally, Parallel Advisors LLC raised its position in BP by 8.6% during the first quarter. Parallel Advisors LLC now owns 29,724 shares of the oil and gas exploration company’s stock valued at $1,397,000 after acquiring an additional 2,359 shares in the last quarter. Hedge funds and other institutional investors own 11.01% of the company’s stock.

BP Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, May 15th were issued a dividend of $0.4992 per share. This represents a $2.00 annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Friday, May 15th. BP’s dividend payout ratio (DPR) is currently 165.00%.

Trending Headlines about BP

Here are the key news stories impacting BP this week:

• Positive Sentiment: BP is expected to announce billions of dollars of new investments in Iraq alongside ConocoPhillips, a move that could expand BP’s upstream footprint and support long-term production growth. BP, ConocoPhillips to back Iraq with major investment as U.S. seeks to cut Iran’s energy hold
• Positive Sentiment: Citi says BP’s biggest turnaround opportunity is in reshaping its upstream oil and gas business, reinforcing the view that the company is moving away from its prior renewables-heavy strategy. BP’s big opportunity is in its upstream oil and gas business – analyst
• Positive Sentiment: BP and ConocoPhillips are also tied to a broader redevelopment effort in Iraq’s Kirkuk oilfields, adding another upstream catalyst for BP. ConocoPhillips to buy 42% stake in BP unit tied to Iraq’s Kirkuk oilfields
• Neutral Sentiment: BP is shutting down BP Ventures and selling most minority holdings in its venture portfolio, a portfolio-optimization and deleveraging move that may improve focus but also signals a pullback from some growth bets. Oil giant BP shutters its corporate venture arm after 20 years
• Neutral Sentiment: Erste Group trimmed its FY2027 EPS estimate for BP slightly, which is a mild headwind but not a major change versus the broader earnings outlook. BP, ConocoPhillips to back Iraq with major investments, CNBC reports
• Negative Sentiment: The lower earnings estimate adds some caution around BP’s near-term profit trajectory, even though it remains below consensus only modestly. BP, ConocoPhillips to back Iraq with major investments, CNBC reports

About BP

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.