BP Makes a Comeback
Following the massive fallout from the 2010 Gulf of Mexico spill, BP is charting a comeback and re-entering the conversation with other super-major oil producers like Exxon. In the second quarter, BP posted a $2.8 billion profit, which exceeded analyst expectations and is about four times higher than the same period last year. For BP, this is standout performance in a quarter where Exxon disappointed.
BP said its oil-and-gas production was 3.6 million barrels per day of oil-equivalent, and the company has started projects in Azerbaijan, Russia and Egypt. The CFO of BP, Brian Gilvary, indicated that the company has already paid 80% of this year's planned settlement payments related to the Gulf of Mexico tragedy, which indicates that profitability may not be inhibited by payouts in the second half of the year (assuming there's not another tragedy and lawsuit). CEO Bob Dudley said that looking forward, the company is planning for oil prices in the $50–$65 per barrel range, which is conservative by today's prices -- crude is trading around $70 a barrel.
Momentum Indicator for BP turns positive, indicating new upward trend
BP saw its Momentum Indicator move above the 0 level on February 27, 2026. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 99 similar instances where the indicator turned positive. In of the 99 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for BP just turned positive on March 02, 2026. Looking at past instances where BP's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BP advanced for three days, in of 345 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 286 cases where BP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for BP moved out of overbought territory on February 05, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 31 similar instances where the indicator moved out of overbought territory. In of the 31 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BP broke above its upper Bollinger Band on March 06, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 46, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BP’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.954) is normal, around the industry mean (1.488). BP's P/E Ratio (1982.353) is considerably higher than the industry average of (121.641). Projected Growth (PEG Ratio) (0.165) is also within normal values, averaging (2.097). Dividend Yield (0.049) settles around the average of (0.061) among similar stocks. P/S Ratio (0.566) is also within normal values, averaging (1.105).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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General Information
a producer of petroleum, natural gas and related products
Industry IntegratedOil
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