- Adjusted EBIT: $5.41 billion (Estimate: $5.52 billion)
- Adjusted Oil Production & Operations PBIT: $3.09 billion (Estimate: $3.33 billion)
- Adjusted Gas & Low Carbon Energy PBIT: $1.40 billion (Estimate: $1.44 billion)
- Adjusted Other Businesses & Corporate PBIT: Loss of $158 million (Estimate: Loss of $215 million)
- Adjusted Customers & Products PBIT: $1.15 billion (Estimate: $1.04 billion)
- Adjusted Net Income: $2.76 billion (Estimate: $2.69 billion)
- Capital Expenditure: $3.46 billion (Estimate: $3.8 billion)
- Organic Capex: $3.59 billion
- Operating Cash Flow: $8.10 billion (Estimate: $6.9 billion)
- Net Debt: $22.61 billion (Estimate: $23.91 billion)
- Net Debt Including Leases: $33.20 billion (Estimate: $34.26 billion)
- Debt Gearing: 21.6% (Estimate: 22.5%)
- Adjusted EPS: 16.61 cents (Estimate: 15.86 cents)
- Dividend Per Share: 8.000 cents (Estimate: 7.800 cents)
- Analyst Ratings: 17 buys, 5 holds, 1 sell
BP PLC on Smartkarma
Analysts on Smartkarma, like Suhas Reddy, are closely following BP PLC amidst ongoing challenges. In their recent report titled “Earnings Preview: BP’s Woes Continue: Weak Refining Margins to Squeeze Earnings,” concerns over lower refining margins and weak oil trading were raised. The report highlights BP’s expectations of facing USD 1-2 billion in impairments, with potential relief from improved oil production realizations. However, the company foresees lower refining margins and weak oil trading impacting earnings, with a contraction in refining margin projected to reduce earnings by USD 500-700 million. Additionally, BP is considering impairments related to the ongoing review of its Gelsenkirchen refinery in Germany. Despite projecting stable oil output, a slight decrease in gas production, and low-carbon energy output, BP acknowledges the challenges ahead.
A look at BP PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
BP plc, an oil and petrochemicals company, has garnered positive scores in several key areas according to Smartkarma Smart Scores. With a strong rating for Growth and Dividend, the company is positioned well for long-term success. Additionally, its Resilience score indicates stability in the face of challenges. While Value and Momentum scores are slightly lower, the overall outlook for BP PLC appears promising.
BP plc explores for oil and natural gas, refines petroleum products, generates solar energy, and manufactures chemicals like terephthalic acid and polyethylene. The company’s high Growth and Dividend scores reflect a positive trajectory for investors seeking lasting returns. With a diverse portfolio of products and a focus on sustainability through solar energy, BP PLC seems well-equipped to navigate the evolving energy landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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