BP plc Stock
€6.13
Your prediction
BP plc Stock
Pros and Cons of BP plc in the next few years
Pros
Cons
Performance of BP plc vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| BP plc | 0.230% | 0.526% | 5.053% | 2.037% | 13.987% | 79.238% | -9.438% |
| Nwf Group plc | 1.710% | -1.681% | -4.878% | -18.750% | -7.143% | -3.306% | - |
| BP plc DZ | 2.010% | 0.676% | 4.930% | 0.676% | 10.781% | 72.754% | -11.045% |
| Reliance Industries Ltd. GDR | -0.910% | -1.198% | 2.167% | 25.475% | 16.608% | 54.930% | 87.767% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.A brief overview of BP's financial statement presents a company in a stable financial position. BP's total assets have consistently increased over the years, indicating a strong potential for value creation. Additionally, the progressive increase in the firm's net income, as demonstrated in the income statements from 2020 to 2022, paints an optimistic financial position for the energy giant. However, careful scrutiny of the financials reveals a mixed bag of strengths and weaknesses that every investor should consider.
Starting with the positives, BP's substantial growth in total assets from 2020 to 2022 reflects the company's aggressive investment strategy, particularly in intangible assets and non-current assets, which implies a sustained expansion quest. Besides, the consolidated increase in net income over the same period suggests improved efficiency in utilization of resources, hence stronger profitability.
The cash flow statements from the same period highlight an interesting trend. BP has consistently generated a significant net cash flow from operating activities, implying good earnings quality. It is also worth noting that the company's free cash flow has been positive, making it attractive, especially to income-oriented investors.
