Is Texas the Next Oil Superpower?
Texas could surpass Iraq and Iran in oil production by next year, as suggested by a HSBC analysis.
The rapid explosion of oil output from the state could catapult Texas to the position of the 3rd highest oil producer (behind Russia and Saudi Arabia) if it were a country, according to HSBC.
The two major oilfields of the state, the Permian Basin and Eagle Ford are projected to pump a combined output of 5.6 million barrels per day in 2019 – compared to 2.5 million barrels per day in 2014, according to HSBC analysis. Iraq and Iran are estimated to produce 4.8 million and 3 million barrels per day respectively next year.
However, it remains to be seen if the Permian Basin can resolve its existing infrastructural/ logistical bottlenecks such as pipeline shortages, and how far it can channel its massive production potential into effective supply networks.
BP in upward trend: price rose above 50-day moving average on October 22, 2025
BP moved above its 50-day moving average on October 22, 2025 date and that indicates a change from a downward trend to an upward trend. In of 40 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 61 cases where BP's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on October 23, 2025. You may want to consider a long position or call options on BP as a result. In of 94 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for BP just turned positive on October 23, 2025. Looking at past instances where BP's MACD turned positive, the stock continued to rise in of 46 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 346 cases, the price rose further within the following month. The odds of a continued upward trend are .
BP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 297 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 moving average for BP crossed bearishly below the 50-day moving average on October 13, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
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 .
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 53, 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 Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
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 (1.514) is normal, around the industry mean (1.231). BP's P/E Ratio (138.231) is considerably higher than the industry average of (23.607). Projected Growth (PEG Ratio) (0.139) is also within normal values, averaging (1.843). Dividend Yield (0.055) settles around the average of (0.070) among similar stocks. P/S Ratio (0.509) is also within normal values, averaging (0.930).
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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a producer of petroleum, natural gas and related products
Industry IntegratedOil
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