BP's Trading Volume Surges 107.45% to 3.21 Billion, Ranked 248th Despite Stock Price Dip

On April 28, 2025, BP's trading volume reached 3.21 billion, marking a significant 107.45% increase from the previous day. This surge placed BP at the 248th position in terms of trading volume for the day. However, despite the high trading volume, BP's stock price experienced a slight decline of 0.21%.

Analysts predict that BP will report quarterly earnings of $0.56 per share for the first quarter of 2025, which represents a 42.3% decrease compared to the same period last year. The forecasted revenue for the quarter is $57.16 billion, indicating a 14.4% year-over-year increase. The consensus EPS estimate has been revised downward by 3.9% over the past 30 days, reflecting analysts' reassessment of their initial projections.

BP is expected to announce its quarterly earnings on April 29, 2025. Investors are advised to consider any changes in earnings estimates before the company's earnings release, as these revisions can provide valuable insights into potential investor reactions and stock price movements. Analysts' projections for key metrics, such as total revenues and other income, interest and other income, and earnings from associates, offer a deeper understanding of BP's financial performance.

BP is currently in the process of implementing cost-cutting measures, including laying off up to 8,000 employees and reducing costs by up to $3 billion. These actions may impact the company's share buyback program, which could affect investor sentiment and stock performance. The company's latest quarterly results reported earnings per share of $0.44, demonstrating ongoing profitability despite missing some estimates.