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How to Buy Bp Stock

Bp PLC

Bp is a oil & gas integrated company located in United Kingdom, which is part of the Energy sector, and is traded under the ticker BP on the NYSE exchange.

Bp stock last closed at $37.68, up 0.59% from the previous day, and has increased 0.67% in one year. It has underperformed other stocks in the Oil & Gas Integrated industry by 0.11 percentage points. Bp stock is currently +12.41% from its 52-week low of $33.52, and -7.74% from its 52-week high of $40.84.

At the moment, there are 16.82B shares of BP outstanding. The market value of BP is $105.86B. In the last 24 hours, 4.79M BP shares were traded.

How to Buy Bp Stock

Not sure how to invest in Bp stock? Here's how.
  1. Figure out where to buy Bp stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Bp stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Choose your method of payment and add your information.
  4. Analyze Bp stock: The Bp ticker symbol is BP. Is Bp stock a good investment? Should you buy shares of BP? How do BP's underlying business fundamentals look? Do top analysts think Bp is a good buy? Why has BP's stock price moved recently? (Hint: Our stock research website can help you figure out if BP is a good stock to buy).
  5. Execute your BP purchase: Decide if you will purchase BP shares at the current market price or use a limit order to buy BP shares at a given price.
  6. Track your BP investment: Create a watchlist to get live updates on your position in Bp stock.

Step 1: Figure out where to buy Bp stock

You will need an online brokerage account in order to access the NYSE market and buy BP stock.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected the right brokerage, the next step is to fill out some personal details so you can buy BP stock today.

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  2. Input your personal info to open a new trading account.
  1. Submit your information by clicking the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you have filled out your info on the stocks app, you can securely and quickly fund your account:

Watch the tutorial below if you need help transferring money into your brokerage account.

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Step 4: Analyze Bp stock

After you have decided on the best place to buy Bp stock, it's very important to analyze their stock prior to buying, so you truly understand the risk and opportunity.

Bp stock data

BP Price
$37.68
1w %
-0.13%
1y %
0.67%
5y %
-13.64%
P/E
7.15x
P/B
1.51x
P/S
0.5x
PEG
N/A
Revenue
$213.03B
Earnings
$15.24B
Fore. Rev. Growth
3.23%
Fore. Earn. Growth
-18.56%
Market Cap
$105.86B
Next Earnings
May 7, 2024
Next Dividend
N/A

Bp Zen Score

WallStreetZen was created to help everyday investors perform better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on BP's stock page.

Is BP stock properly valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge BP's intrinsic value.

Using relative valuations methods:

  • BP could be undervalued based on its P/E ratio of 7.15x, relative to Oil & Gas Integrated industry P/E ratio of 10.48x
  • BP may be undervalued based on its P/B ratio of 1.51x, relative to Oil & Gas Integrated industry P/B ratio of 1.61x

You can do additional valuation research on BP's stock here.

BP Financial Health Overview

Positive Health Checks:

  • BP's operating cash flow of $32.04B allows it to safely service it's debt of $63.08B.
  • There are more short-term assets than short-term liabilities on the BP balance sheet.
  • BP earnings of $26.95B is not enough to cover its interest payments.
  • BP profit margin has gone up from -1% to 7.2% in the past year.

Negative Health Checks:

  • Total BP debt is higher than 5 years ago, relative to shareholder equity.
  • There are more long-term liabilities than short-term assets on the BP balance sheet.
  • BP has a relatively high debt to equity ratio of 2.77.

Is it a good time to buy Bp stock, according to analysts?

Out of 4 Equities analysts who give ratings on BP, the consensus analyst rating on BP is a Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Bp stock forecast page.

BP Technicals

SMA10
37.75
SMA20
37.09
SMA50
36.02
SMA100
35.7
SMA200
36.45
MACD
0.55
MACD Signal
0.55
MACD Histogram
-0.01
RSI
62.14
Stochastic %K
64.02
Stochastic %D
72.54
StochRSI %K
5.22
StochRSI %D
33.26

BP Growth Metrics

Last year, BP earnings were $15.24B. During the last five year, BP's earnings have increased by 13.32% per year. This was slower than the Oil & Gas Integrated industry average of 14.24%.

Last year, BP revenue was $213.03B. During the last 5 year, BP's revenue has gone up by 4.6% per year. This was faster than the Oil & Gas Integrated industry average of 4.3%.

Find out more about BP's earnings and revenue performance here.

Are BP insiders buying or selling the stock?

In the past 12 months, insiders at BP have not bought or sold any shares.

Learn more about who owns BP shares here.

Can I rely on BP as an income stream?

Bp pays a dividend of 4.53%, compared to the Oil & Gas Integrated industry's average dividend yield of 5.75%. If you owned $1,000 of BP stock, you would have received $45.25 last year.

Bp dividend payments have not consistently grown over the past decade and have not remained stable.

Dig into more info about Bp dividend yield and history here.

What others are saying about BP

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Execute your BP purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally sufficient.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount, place a limit order.

Press the Open button and eToro will place your order.

If you need additional help with buying stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Track your BP investment

Now that you own some BP shares, you'll want to keep up with your new investment.

Create a watchlist to track the most important metrics related to your BP stock.

BP Feed

How to Buy Stock in Bp

To reiterate, here are the 6 steps you need to take to buy Bp stock right now:

  1. Figure out where to buy Bp stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Analyze Bp stock
  5. Execute your BP purchase
  6. Track your BP investment

If you are looking for a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your new investment in Bp, add BP to your watchlist by clicking the button below.

NYSE: BP
$37.68+0.22 (+0.59%)
Updated Mar 28, 2024
Open eToro Account
NYSE: BP
$37.68+0.22 (+0.59%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Bp share?

As of Mar 28, 2024, it costs $37.68 to buy one share of Bp stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.265 shares of BP.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Bp stock?

According to 4 Wall Street analysts who monitor Bp, their consensus recommendation is to buy Bp stock.

What is the best way to buy Bp stock?

One way to place an order for Bp stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.