The BP plc (LON:BP) Downgraded by Macquarie

Sirius Minerals

Sirius Minerals

The stock of Nostrum Oil & Gas PLC (LON:NOG) has "Buy" rating given on Tuesday, August 30 by Numis Securities. AR's holdings in BP p.l.c. were worth $7,558,000 as of its most recent SEC filing.

Several other analysts have also recently commented on the company. AlphaMark Advisors LLC raised its stake in shares of BP 16.8% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 78,885 shares of the oil and gas exploration company's stock valued at $2,723,000 after buying an additional 5,597 shares during the period. Crestwood Advisors Group LLC purchased a new stake in shares of BP p.l.c. during the first quarter worth about $114,000. The fund owned 6,554 shares of the oil and gas exploration company's stock after buying an additional 6,003 shares during the period. Finally, Aristotle Capital Management LLC bought a new stake in shares of BP plc during the fourth quarter worth $200,000. Parkside Financial Bank & Trust increased its stake in shares of BP 92.4% in the first quarter.

BP plc (NYSE BP) traded down 1.670% during trading on Thursday, hitting $34.435. Monarch Partners Asset Management Llc acquired 21,242 shares as Hanover Ins Group Inc (THG)'s stock declined 9.32%. The company has a 50 day moving average price of GBX 0.33 and a 200 day moving average price of GBX 0.43.

BP p.l.c. has a 52 week low of $32.50 and a 52 week high of $38.68. The company has a market cap of $112.86 billion, a P/E ratio of 51.243 and a beta of 0.94.

BP plc (NYSE:BP) last issued its earnings results on Tuesday, May 2nd. The oil and gas exploration company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.38 by $0.08.

Futures point to mixed open on Wall Street; Fed minutes in focus
OPEC exported 25.92 million barrels per day (bpd) in June, up 450,000 bpd from May and 1.9 million bpd more than a year earlier. German 10-year government bond or bund yields hit an 18-month "high" of 0.56% after the European Central Bank statement.

In other news, insider Brian Gilvary acquired 68 shares of BP plc stock in a transaction dated Monday, June 12th. The firm had revenue of $55.86 billion during the quarter, compared to analyst estimates of $59.87 billion. On average, equities analysts expect that BP p.l.c. will post $1.89 EPS for the current fiscal year.

BP p.l.c. was downgraded to "underperform" by analysts at Macquarie.

The company also recently disclosed a dividend, which was paid on Friday, June 23rd. Shareholders of record on Friday, May 12th were paid a dividend of $0.595 per share. This represents a $2.38 annualized dividend and a yield of 6.91%. BP p.l.c.'s payout ratio is 366.16%. "NY" was first published by BBNS and is owned by of BBNS. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of worldwide trademark and copyright laws. The correct version of this piece can be read at As per Wednesday, July 6, the company rating was maintained by Liberum Capital.

In analysts note shared with investors this morning, Deutsche kept their Buy rating on Bp (LON:BP) shares. Goldman Sachs maintained the shares of BP in report on Friday, December 16 with "Neutral" rating. Barclays Capital maintained it with "Overweight" rating and GBX 300 target in Tuesday, January 12 report. Three analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have given a buy rating to the company. The stock has an average rating of "Hold" and an average price target of $36.11.

Bahamas Petroleum Company plc is an Isle Of Man-based company, which is engaged in oil and gas exploration activities in the Commonwealth of The Bahamas. The Company's divisions include Upstream, Downstream, Rosneft, and Other businesses and corporate.

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