BP p.l.c. (BP) : The total money flow in BP p.l.c. (BP) was negative ($1.37 million), which signals selling by the traders on Fridays session. They trimmed their holdings by selling the stock on downticks to the tune of $2.61 million. In comparison, the inflow of money into the stock on upticks was $1.24 million. The uptick to downtick ratio was 0.47. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $1.5 million. The negative money flow of ($1.5 million) confirms the selling in BP p.l.c. (BP) on strength. BP p.l.c. (BP) gained $0.01 at $35.85, a gain of 0.03% over the previous days close. However, the stock registered -1.94% in the week.
BP p.l.c. (BP) has been rated by 7 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $46 and the lowest price target forecast is $32. The average forecast of all the analysts is $38.14 and the expected standard deviation is $5.34.
BP p.l.c. (NYSE:BP): stock turned positive on Friday. Though the stock opened at $35.87, the bulls momentum made the stock top out at $35.92 level for the day. The stock recorded a low of $35.66 and closed the trading day at $35.87, in the green by 0.08%. The total traded volume for the day was 5,635,630. The stock had closed at $35.84 in the previous days trading.
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.