DB:BPE5

Stock Analysis Report

Executive Summary

BP p.l.c. engages in the energy business worldwide.

Snowflake

Fundamentals

Mediocre balance sheet second-rate dividend payer.


Similar Companies

Share Price & News

How has BP's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.3%

DB:BPE5

5.6%

DE Oil and Gas

2.6%

DE Market


1 Year Return

-10.6%

DB:BPE5

18.7%

DE Oil and Gas

-9.6%

DE Market

BPE5 underperformed the Oil and Gas industry which returned 18.7% over the past year.

BPE5 underperformed the Market in Germany which returned -9.6% over the past year.


Share holder returns

BPE5IndustryMarket
7 Day2.3%5.6%2.6%
30 Day-7.0%-4.4%-3.0%
90 Day-10.7%-2.0%-1.4%
1 Year-5.0%-10.6%22.5%18.7%-6.8%-9.6%
3 Year29.4%7.5%28.0%15.9%11.0%1.5%
5 Year25.6%-8.8%105.8%75.1%25.6%8.2%

Price Volatility Vs. Market

How volatile is BP's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is BP undervalued based on future cash flows and its price relative to the stock market?

18%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

BP's share price is below the future cash flow value, but not at a moderate discount (< 20%).

BP's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

BP is overvalued based on earnings compared to the Europe Oil and Gas industry average.

BP is good value based on earnings compared to the Germany market.


Price Based on Expected Growth

BP is poor value based on expected growth next year.


Price Based on Value of Assets

BP is overvalued based on assets compared to the DE Oil and Gas industry average.


Next Steps

Future Growth

How is BP expected to perform in the next 1 to 3 years based on estimates from 22 analysts?

9.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

BP's revenue is expected to grow by 2.5% yearly, however this is not considered high growth (20% yearly).

BP's earnings are expected to grow by 9.3% yearly, however this is not considered high growth (20% yearly).

BP's revenue growth is positive but not above the Germany market average.

BP's earnings growth is positive but not above the Germany market average.

BP's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

BP is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has BP performed over the past 5 years?

26.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

BP has delivered over 20% year on year earnings growth in the past 5 years.

BP's 1-year earnings growth is less than its 5-year average (25.6% vs 26.4%)

BP's earnings growth has not exceeded the Europe Oil and Gas industry average in the past year (25.6% vs 37.3%).


Return on Equity

BP has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

BP used its assets less efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.


Return on Capital Employed

BP has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is BP's financial position?


Financial Position Analysis

BP is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

BP's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

BP's level of debt (77.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (39.3% vs 77.4% today).

Debt is well covered by operating cash flow (31.2%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 9.1x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.9x debt.


Next Steps

Dividend

What is BP's current dividend yield, its reliability and sustainability?

6.89%

Expected Dividend Yield


Dividend Yield and Payments Analysis

BP's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.51%).

BP's dividend is above the markets top 25% of dividend payers in Germany (4.17%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (1.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.5x coverage).


Next Steps

Management

What is the CEO of BP's salary, the management and board of directors tenure and is there insider trading?

7.6yrs

Average management tenure


CEO

Bob Dudley (64yo)

8.8yrs

Tenure

US$14,666,000

Compensation

Mr. Robert Warren Dudley, also known as Bob, has been the Group Chief Executive Officer/Managing Director of BP p.l.c. since October 1, 2010 and has been its Executive Director since April 6, 2009. Mr. Dud ...


CEO Compensation Analysis

Bob's remuneration is higher than average for companies of similar size in Germany.

Bob's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

7.6yrs

Average Tenure

58yo

Average Age

The average tenure for the BP management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

4.3yrs

Average Tenure

62.5yo

Average Age

The tenure for the BP board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$2,261,66702 May 19
Bernard Looney
EntityIndividual
Shares347,630
Max PriceUS$6.51
SellUS$6,699,14106 Feb 19
Bernard Looney
EntityIndividual
Shares1,092,208
Max PriceUS$6.13
SellUS$643,80105 Dec 18
Brian Gilvary
EntityIndividual
Role
Member of the Board of Directors
Group CFO & Executive Director
Shares107,256
Max PriceUS$6.00

Ownership Breakdown


Management Team

  • Steve Marshall

    Head of Training Academy and Vice President

    • Tenure: 12.6yrs
  • Bob Dudley (64yo)

    Group CEO & Executive Director

    • Tenure: 8.8yrs
    • Compensation: US$14.67m
  • Craig Marshall

    Group Head of Investor Relations

    • Tenure: 0.0yrs
  • Brian Gilvary (57yo)

    Group CFO & Executive Director

    • Tenure: 7.6yrs
    • Compensation: US$7.98m
  • Helmut Schuster (58yo)

    Executive Vice President of Group Human Resources & Group HR Director

    • Tenure: 8.4yrs
  • Geoff Morrell (50yo)

    Group Head of Communications & External Affairs

    • Tenure: 2.0yrs
  • Angela R. Strank (66yo)

    Chief Scientist & Head of Technology - Downstream

    • Tenure: 5.3yrs
  • Eric Nitcher (56yo)

    Group General Counsel

    • Tenure: 2.6yrs
  • David Eyton (58yo)

    Group Head of Technology

    • Tenure: 0.0yrs
  • Rahul Saxena

    Group Ethics & Compliance Officer

    • Tenure: 0.0yrs

Board Members

  • Paula G. Reynolds (62yo)

    Independent Non-Executive Director

    • Tenure: 4.3yrs
    • Compensation: US$199.00k
  • Ian Edward Davis (68yo)

    Senior Independent Director

    • Tenure: 2.3yrs
    • Compensation: US$172.00k
  • Helge Lund (57yo)

    Chairman of the Board

    • Tenure: 0.6yrs
    • Compensation: US$168.00k
  • Nils Andersen (61yo)

    Independent Non-Executive Director

    • Tenure: 2.8yrs
    • Compensation: US$143.00k
  • Bob Dudley (64yo)

    Group CEO & Executive Director

    • Tenure: 8.8yrs
    • Compensation: US$14.67m
  • Brendan Nelson (69yo)

    Independent Non-Executive Director

    • Tenure: 8.8yrs
    • Compensation: US$162.00k
  • Brian Gilvary (57yo)

    Group CFO & Executive Director

    • Tenure: 7.6yrs
    • Compensation: US$7.98m
  • Ann Dowling (66yo)

    Independent Non Executive Director

    • Tenure: 7.5yrs
    • Compensation: US$160.00k
  • John Sawers (63yo)

    Independent Non-Executive Director

    • Tenure: 4.3yrs
    • Compensation: US$151.00k
  • Susan Dio (58yo)

    Chairman & President of BP America

    • Tenure: 0.0yrs

Company Information

BP p.l.c.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BP p.l.c.
  • Ticker: BPE5
  • Exchange: DB
  • Founded: 1889
  • Industry: Integrated Oil and Gas
  • Sector: Energy
  • Market Cap: UK£99.975b
  • Listing Market Cap: UK£110.402b
  • Shares outstanding: 20.22b
  • Website: https://www.bp.com

Number of Employees


Location

  • BP p.l.c.
  • 1 St James's Square
  • London
  • Greater London
  • SW1Y 4PD
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BPNYSE (New York Stock Exchange)SPONSORED ADRUSUSDJan 1968
0HKPLSE (London Stock Exchange)SPONSORED ADRGBUSDJan 1968
BP NBMV (Bolsa Mexicana de Valores)SPONSORED ADRMXMXNJan 1968
BSUBST (Boerse-Stuttgart)SPONSORED ADRDEEURJan 1968
BP.BLSE (London Stock Exchange)9% CUM 2ND PRF GBP1GBGBPJan 1992
BPLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPJan 1992
BPEDB (Deutsche Boerse AG)ORD USD0.25 REGD(DT ZERT)DEEURJan 1992
BPAQ.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
BPEXTRA (XETRA Trading Platform)ORD USD0.25 REGD(DT ZERT)DEEURJan 1992
BP.LSE (London Stock Exchange)YesOrdinary SharesGBGBPJan 1992
BP.ALSE (London Stock Exchange)8% CUM 1ST PRF GBP1GBGBPJan 1992
BPE5XTRA (XETRA Trading Platform)YesOrdinary SharesDEEURJan 1992
BPE5DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
BPSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFJan 1992
BPBASE (Buenos Aires Stock Exchange)CEDEAR EACH REPR 1/5 ADRARARSSep 2000

Biography

BP p.l.c. engages in the energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, field dev ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 21:24
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.