BP.L

BP p.l.c.

About the company

BP p.l.c., an integrated energy company, engages in the oil and gas business worldwide. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, marketing, and trading activities, as well as solar, wind, and hydrogen businesses. The company also offers aviation fuel products and services, such as jet fuel; aviation gasoline; UL91 aviation fuel; and sustainable aviation fuel. In addition, it engages in the convenience and retail fuel; EV charging; Castrol lubricants and fluids; B2B; midstream; crude oil production; refining and oil trading; and bioenergy businesses. The company was founded in 1908 and is headquartered in London, the United Kingdom.

Market price
GBP 5.59
Price above modeled range
Base value (EPS-based Gordon proxy) is 99.1% below the market price · low confidence
Data: Price updated 06 Nov 2026 19:01; FY2025, period ended 31 Dec 2025 from Yahoo Finance (downloaded 2 days ago). Last earnings: 30 Oct 2026
Model comparison

Price above modeled range

PriceGBP 5.59
Modeled value rangeGBP 0.04–0.06base 0.05
Estimate reliabilityLow
Relative 5-year outlook–

5-year outlook: Not shown because confidence is low: Earnings-based DCF disagrees strongly.

Why: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

The range depends on model assumptions and data; it is not a prediction or investment advice.

Forecast Compare Investment journal Create account to save Log in to save

After signing in, return here and select “Add to watchlist”. Saving companies requires a verified email address.

EPS-based Gordon proxy

Market price above modeled range

Showing the EPS-based Gordon proxy you selected on the company card, using 2% growth, 2.5% terminal growth and 9.2% discount. The range varies these assumptions slightly; it is illustrative, not investment advice. Low confidence: the modelled value is far from the market price, which usually means the model does not capture this company well (for example expected growth well above its history).

Assumptions: growth 2%, discount rate 9.20%, terminal growth 2.50% (sector defaults). See a worked example.

Blended growth assumption: 2.0% (sector default 4.6%, own revenue history -7.8%, analyst revenue consensus -7.2%).

Analyst consensus expects revenue growth of -7.2% a year; the growth assumption used is 2.0%.

Adjust assumptions

Show the recommended model instead

Why this model: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

Compare models
  • Recommended: Free-cash-flow DCF — GBP 6.85 (+22.6%)
  • EPS-based Gordon proxy — GBP 0.05 (-99.1%)
    Not used: Treats all earnings as if paid out and ignores the cash kept for reinvestment, so it overstates value for companies that retain most profit.
  • DCF (trailing free cash flow) — GBP 8.35 (+49.5%)
    Not used: Free cash flow is 204.9x net income, which usually means costs such as lease payments sit outside operating cash flow, so it may be overstated.
  • FCFF (steady state) — GBP 8.59 (+53.6%)
    Not used: Free cash flow is 204.9x net income, which usually means costs such as lease payments sit outside operating cash flow, so it may be overstated.
  • EV/EBITDA (12x) — GBP 20.90 (+273.8%)
    Not used: Used only when free cash flow is far below earnings even after averaging three years; a fixed 12x multiple also ignores sector differences.
  • Fade DCF (10-year growth fade) — GBP 8.36 (+49.6%)
    Not used: Free cash flow is 204.9x net income, which usually means costs such as lease payments sit outside operating cash flow, so it may be overstated.
  • EV/Sales (Rule of 40) — GBP 41.09 (+635.0%)
    Not used: Used only for technology and communication companies whose cash-flow value is far below the price.
Illustrative range / share GBP 0.04–0.06
Base scenario / share GBP 0.05
Margin of safety (share of value) Above the bull case
Bear GBP 0.04-14632.2%
Base GBP 0.05-11316.5%
Bull GBP 0.06-8894.0%

Margin = (value − price) / value, so it is measured against the value and reads lower than the upside to value, which is measured against the price. Positive means the price is below that case.

Track record: see the methodology page for how this model has performed historically, including its limits. Treat it as a screen, not a forecast.

Price history and fair value

5 years price change: +107.73% · GBP 5.59 · Market data through 06 Nov 2026 ; dashed line is today’s model base value (GBP 0.05). The fair value is today’s estimate, not what the model said in the past.

Saved price history is current through 06 Nov 2026; last refreshed 06 Nov 2026 18:14 (1 hour, 14 minutes ago).

08 Nov 2021Range GBP 2.57 – 6.3106 Nov 2026

Latest news

Headlines provided by EODHD. Articles may mention multiple companies and are not investment recommendations.

More detail: quality, peers, price history, dividends and financials

Quality score: 70 / 100

Five equal checks on reported history: profitability, cash generation, revenue growth, balance sheet and margins. It describes business quality, not whether the price is attractive.

Profitability4 of 5 years profitable16 / 20
Cash generationfree cash flow positive in 5 of 5 years20 / 20
Growthrevenue -7.5% a year4 / 20
Balance sheetnet debt 0.6x EBITDA20 / 20
MarginsEBITDA margin 19%10 / 20

Peers in Energy

Same-sector companies with a valuation, most undervalued first. Compare the margin of safety, yield and quality score side by side.

CompanyPriceMargin of safetyP/EP/BYieldQuality
BP.L (this company) GBP 5.59 18.4% – – 4.4% 69
HBR.L Harbour Energy plc GBP 2.63 61.7% – 1.4 7.9% 92
FANG Diamondback Energy USD 179.58 36.7% 24.4 1.3 2.4% 100
SHEL.L Shell plc GBP 37.23 32.4% 8.6 1.4 3.0% 84
AKSO.OL Aker Solutions ASA NOK 36.00 22.7% 6.8 1.5 9.1% 75
BWLPG.OL BW LPG Limited NOK 203.60 9.4% 7.4 1.7 1.3% 100
EOG EOG Resources USD 144.89 6.1% 11.1 2.4 2.8% 92
TTE.PA TotalEnergies SE EUR 79.73 4.8% 9.0 1.5 4.2% 84
ENB.TO Enbridge Inc. CAD 67.33 -11.4% 19.6 2.4 5.9% 80
Peer median 9.0 1.5

Dividends

Paid in the last 12 months: GBP 0.00 per share · yield 0.04% at the current price.

YearDividends per share
2026 (so far)0.002
20250.002
20240.002
20230.002
20220.002
20210.002
Sector Energy
Exchange London Stock Exchange
Currency GBP

Annual financial statement

Saved annual report · Fiscal year 2025 · Yahoo Finance annual statements · period ended 31 Dec 2025

RevenueGBP 189,335,000,000
EBITDAGBP 30,696,000,000
EBITGBP 12,874,000,000
Net incomeGBP 55,000,000
Free cash flowGBP 11,272,000,000
Capital expendituresGBP -13,221,000,000
DebtGBP 72,529,000,000
CashGBP 36,714,000,000
Working capitalGBP 21,205,000,000
Shares outstanding15,913,000,000
Reported dividends per shareGBP 0.2451