BP (NYSE: BP) shares currently have a dividend yield of 5.10%. BP p.l.c. provides fuel for transportation, energy for heat and light, lubricants to engines, and petrochemicals products. The company has a P/E ratio of 419.60. Currently there are 7 analysts that rate BP a buy, 1 analyst rates it a sell, and 6 rate it a hold. The average volume for BP has been 7,299,800 shares per day over the past 30 days. BP has a market cap of $133.8 billion and is part of the energy industry. Shares are up 1.6% year to date as of the close of trading on Tuesday. TheStreet Ratings rates BP as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Highlights from the ratings report include:
- Net operating cash flow has increased to $6,340.00 million or 26.54% when compared to the same quarter last year. Despite an increase in cash flow, BP PLC's average is still marginally south of the industry average growth rate of 29.14%.
- Regardless of the drop in revenue, the company managed to outperform against the industry average of 2.9%. Since the same quarter one year prior, revenues slightly dropped by 0.6%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Oil, Gas & Consumable Fuels industry. The net income has significantly decreased by 78.9% when compared to the same quarter one year ago, falling from $7,685.00 million to $1,618.00 million.
- Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. In comparison to the other companies in the Oil, Gas & Consumable Fuels industry and the overall market, BP PLC's return on equity is significantly below that of the industry average and is below that of the S&P 500.
- You can view the full BP Ratings Report.
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