Will BP’s Valuation Improve after 4Q Earnings?
After its earnings, BP (BP) was trading at a forward PE (price-to-earnings ratio) of 14.2x, below its peer average of 15.1x.
BP reported earnings on February 6, 2018. On the day, implied volatility in BP (BP) fell by 7.4% to 23.3%.
Post-earnings, BP has been rated by a total of 11 analysts. Of the total, five analysts have assigned “buy” or “strong buy” ratings, five have assigned “hold” ratings, and one has assigned a “sell” rating on the stock.
On the day, BP stock opened at $39.5, slightly lower than its previous day’s close of $39.8. BP stock saw a high of $40.8 and a low of $39.4 during the day.
A rise in oil prices has altered BP’s (BP) segmental dynamics in 4Q17.
BP (BP) reported its 4Q17 earnings on February 6, 2018. Its revenues surpassed Wall Street analyst estimates.
CVX’s current dividend yield stands at 3.6%, which fell from its 1Q16 dividend yield of 4.9%.
After Chevron (CVX) reported its earnings on February 2, 2018, its implied volatility rose by 0.6% to 19.9% compared to the previous day.
Of the 23 analysts covering Chevron, 13 analysts assigned “buy” or “strong buy” ratings, nine assigned “hold” ratings, and one assigned a “sell” rating for the stock
Chevron (CVX) announced its 4Q17 results on February 2, 2018. CVX opened the day at $123.90 per share, which was lower than its previous close of $125.60.
Chevron’s adjusted Upstream segment earnings rose from $924.0 million in 4Q16 to ~$2.0 billion in 4Q17.
Chevron (CVX) posted its 4Q17 results on February 2, 2018. Chevron’s adjusted earnings per share (or EPS) $0.72 missed its estimated EPS of $1.22 by ~41.0%.
ExxonMobil trades at a forward PE (price-to-earnings) ratio of 18.0x, which is above the peer average of 15.2x.
ExxonMobil (XOM) reported its earnings on February 2, 2018. That day, its implied volatility fell 1.4% to 17% compared to the previous day.
ExxonMobil is covered by 24 analysts. Eight of them, or 33%, have given XOM a “buy” or “strong buy” rating.
ExxonMobil stock opened at $85.20 per share on February 2, 2018, which was lower than the previous day’s close of $89.10.
ExxonMobil’s (XOM) adjusted upstream segment rose over 4Q16, increasing from $1.5 billion in 4Q16 to $2.5 billion in 4Q17.
ExxonMobil (XOM) posted its 4Q17 results on February 2, 2018. Its revenues missed Wall Street estimates by 11%, and it reported EPS (earnings per share) of $1.97.
The rise in oil prices has changed the segmental dynamics in Royal Dutch Shell (RDS.A) in 4Q17.
Shell is trading at a forward PE of 13.7x, which is below its peer average of 15.5x.