BP p.l.c. (NYSE:BP) has climbed 1.64% in the past week and advanced 2.57% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.86% and the outperformance has advanced to 1.63% for the last 4 weeks period.
BP p.l.c. (NYSE:BP): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $32.31 and $32.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $32.79. The buying momentum continued till the end and the stock did not give up its gains. It closed at $32.75, notching a gain of 2.25% for the day. The total traded volume was 10,576,067 . The stock had closed at $32.03 on the previous day.
The company shares have dropped -20.41% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $42.20 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $32.11 and the 200 Day Moving Average price is recorded at $30.96.
Many analysts have stated their opinion on the company shares. Nomura initiates coverage on BP p.l.c. (NYSE:BP) The current rating of the shares is Neutral. The rating by the firm was issued on March 18, 2016. Currently the company Insiders own 1% of BP p.l.c. shares according to the proxy statements. Institutional Investors own 10.96% of BP p.l.c. shares.
BP p.l.c. (BP) is an integrated oil and gas company. The Company provides its customers with fuel for transportation, energy for heat and light, lubricants and the petrochemicals products used to make everyday items, including paints, clothes and packaging. The Company operates in three business segments: Upstream, Downstream and Rosneft. The Upstream segments activities include oil and natural gas exploration, field development and production; midstream transportation, storage and processing, and the marketing and trading of natural gas, including liquefied natural gas (LNG), together with power and natural gas liquids (NGLs). The Companys Downstream segments activities include the refining, manufacturing, marketing, transportation, and supply and trading of crude oil, petroleum, petrochemicals products and related services to wholesale and retail customers. BPs interest in Rosneft, an oil company in Russia, is reported as a separate operating segment.