BP
About: BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2024, it produced 1.2 million barrels of liquids and 6.9 billion cubic feet of natural gas per day. At the end of 2023, reserves stood at 6.8 billion barrels of oil equivalent, 55% of which are liquids. The company operates refineries with a capacity of 1.6 million barrels of oil per day.
Employees: 87,800
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
62% more call options, than puts
Call options by funds: $1.14B | Put options by funds: $704M
21% more funds holding in top 10
Funds holding in top 10: 14 [Q3] → 17 (+3) [Q4]
7% more capital invested
Capital invested by funds: $8.76B [Q3] → $9.41B (+$648M) [Q4]
0.17% more ownership
Funds ownership: 1.73% [Q3] → 1.9% (+0.17%) [Q4]
2% less first-time investments, than exits
New positions opened: 129 | Existing positions closed: 132
3% less funds holding
Funds holding: 1,080 [Q3] → 1,053 (-27) [Q4]
39% less repeat investments, than reductions
Existing positions increased: 284 | Existing positions reduced: 465
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Wells Fargo Roger Read 30% 1-year accuracy 33 / 111 met price target | 16%upside $37 | Equal-Weight Maintained | 12 Feb 2025 |
Raymond James Justin Jenkins 30% 1-year accuracy 6 / 20 met price target | 16%upside $37 | Outperform Maintained | 17 Jan 2025 |
Morgan Stanley Martijn Rats 50% 1-year accuracy 2 / 4 met price target | 1%downside $32 | Equal-Weight Maintained | 7 Jan 2025 |
Piper Sandler Ryan Todd 25% 1-year accuracy 9 / 36 met price target | 0%upside $32 | Neutral Maintained | 19 Dec 2024 |
Financial journalist opinion
Based on 65 articles about BP published over the past 30 days









