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Why BP (BP) Outpaced the Stock Market Today

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In the latest close session, BP (BP - Free Report) was up +1.22% at $35.69. The stock outperformed the S&P 500, which registered a daily gain of 0.59%. At the same time, the Dow added 0.65%, and the tech-heavy Nasdaq gained 0.44%.

Heading into today, shares of the oil and gas company had lost 0.25% over the past month, lagging the Oils-Energy sector's gain of 3.38% and the S&P 500's gain of 2.72%.

The investment community will be closely monitoring the performance of BP in its forthcoming earnings report. The company is scheduled to release its earnings on November 4, 2025. The company's upcoming EPS is projected at $0.71, signifying a 14.46% drop compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $63.3 billion, indicating a 30.97% growth compared to the corresponding quarter of the prior year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.68 per share and revenue of $221.48 billion, indicating changes of -17.79% and +13.79%, respectively, compared to the previous year.

Any recent changes to analyst estimates for BP should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 1.09% rise in the Zacks Consensus EPS estimate. At present, BP boasts a Zacks Rank of #3 (Hold).

In the context of valuation, BP is at present trading with a Forward P/E ratio of 13.17. This indicates a premium in contrast to its industry's Forward P/E of 10.8.

It's also important to note that BP currently trades at a PEG ratio of 1.82. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. BP's industry had an average PEG ratio of 1.85 as of yesterday's close.

The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 103, placing it within the top 42% of over 250 industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.


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