BP PLC Net Income from 2010 to 2024
| BP Stock | USD 38.37 0.26 0.67% |
Net Income | First Reported 1992-03-31 | Previous Quarter 4.9 B | Current Value 371 M | Quarterly Volatility 4.4 B |
Check BP PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BP PLC main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.8 B, Interest Expense of 3.6 B or Total Revenue of 189.4 B, as well as many exotic indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0326 or PTB Ratio of 1.38. BP PLC financial statements analysis is a perfect complement when working with BP PLC Valuation or Volatility modules.
BP PLC | Net Income |
Latest BP PLC's Net Income Growth Pattern
Below is the plot of the Net Income of BP PLC ADR over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in BP PLC ADR financial statement analysis. It represents the amount of money remaining after all of BP PLC ADR operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is BP PLC's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BP PLC's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 15.24 B | 10 Years Trend |
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Net Income |
| Timeline |
BP PLC Net Income Regression Statistics
| Arithmetic Mean | 6,155,463,333 | |
| Coefficient Of Variation | 190.54 | |
| Mean Deviation | 8,777,694,222 | |
| Median | 4,026,000,000 | |
| Standard Deviation | 11,728,341,818 | |
| Sample Variance | 137554001.8T | |
| Range | 46.4B | |
| R-Value | (0.17) | |
| Mean Square Error | 143709312.2T | |
| R-Squared | 0.03 | |
| Significance | 0.54 | |
| Slope | (453,301,250) | |
| Total Sum of Squares | 1925756025.2T |
BP PLC Net Income History
Other Fundumenentals of BP PLC ADR
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
BP PLC Net Income component correlations
About BP PLC Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include BP PLC income statement, its balance sheet, and the statement of cash flows. BP PLC investors use historical funamental indicators, such as BP PLC's Net Income, to determine how well the company is positioned to perform in the future. Although BP PLC investors may use each financial statement separately, they are all related. The changes in BP PLC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on BP PLC's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on BP PLC Financial Statements. Understanding these patterns can help to make the right decision on long term investment in BP PLC. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Income | 15.2 B | 13 B | |
| Net Loss | -2.2 B | -2.1 B | |
| Net Income From Continuing Ops | 26.6 B | 27.9 B | |
| Net Income Per Share | 5.27 | 5.53 | |
| Net Income Per E B T | 0.67 | 0.37 |
Pair Trading with BP PLC
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BP PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BP PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with BP PLC Stock
| 0.65 | E | Eni SpA ADR Earnings Call This Week | PairCorr |
| 0.93 | SU | Suncor Energy Financial Report 13th of May 2024 | PairCorr |
Moving against BP PLC Stock
| 0.74 | EP | Empire Petroleum Corp | PairCorr |
| 0.52 | PBR | Petroleo Brasileiro Financial Report 9th of May 2024 | PairCorr |
The ability to find closely correlated positions to BP PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BP PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BP PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BP PLC ADR to buy it.
The correlation of BP PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BP PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BP PLC ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BP PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of BP PLC Correlation against competitors. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for BP PLC Stock analysis
When running BP PLC's price analysis, check to measure BP PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BP PLC is operating at the current time. Most of BP PLC's value examination focuses on studying past and present price action to predict the probability of BP PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BP PLC's price. Additionally, you may evaluate how the addition of BP PLC to your portfolios can decrease your overall portfolio volatility.
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Is BP PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BP PLC. If investors know BP PLC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BP PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.96) | Dividend Share 0.284 | Earnings Share 5.15 | Revenue Per Share 18.003 | Quarterly Revenue Growth (0.25) |
The market value of BP PLC ADR is measured differently than its book value, which is the value of BP PLC that is recorded on the company's balance sheet. Investors also form their own opinion of BP PLC's value that differs from its market value or its book value, called intrinsic value, which is BP PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BP PLC's market value can be influenced by many factors that don't directly affect BP PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BP PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if BP PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BP PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.