Bp Share Price (BP.)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Bp Plc	LSE:BP.	London	Ordinary Share	GB0007980591	$0.25

	Price Change	% Change	Share Price	Shares Traded	Last Trade
	-0.10p	-0.02%	538.90p	27,668,832	16:35:24

Bid Price		Offer Price	High Price	Low Price	Open Price
538.30p		538.50p	540.80p	535.70p	540.50p

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Oil & Gas Producers	238,179.18	15,195.45	10.98	48.5	109,681.4

Related Shares
Royal Dutch Shell (RDSA), Royal Dutch Shell (RDSB), Nautilus Marine Services (NAUT), Spitfire Oil (SRO)

Bp (BP.) Latest News (1)

Bp News

Date	Time	Source	Headline
14/6/2019	17:48	UKREG	BP PLC Transaction in Own Shares
12/6/2019	02:37	DJN	Reliance Industries, BP Joint Venture to Develop Gas Block off India's East..
11/6/2019	18:02	UKREG	BP PLC Transaction in Own Shares
11/6/2019	17:20	UKREG	BP PLC Director/PDMR Shareholding
11/6/2019	17:14	DJFR	Shell, BP et Rosneft, sociétés européennes les plus rentables en 2018 -EY
10/6/2019	09:29	UKREG	BP PLC Q1 2019 Payment of dividends in Sterling
06/6/2019	11:28	DJN	BP Agrees to Further Investment in Angola's Deepwater Block 15
05/6/2019	09:32	DJN	WorleyParsons CEO Sees Energy Transition Fueling Growth
04/6/2019	18:03	UKREG	BP PLC Transaction in Own Shares
03/6/2019	17:46	UKREG	BP PLC Transaction in Own Shares

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Date	Time	Title	Posts
16/6/2019	15:39	BP. - Charts & News	2,808
14/6/2019	00:00	BP	90,722
27/5/2019	20:07	BP AND GOLDMAN SUCKS FACING JUNK STATUS..SHORT TO OBLIVION!	13
13/2/2019	10:28	Only a question of time before Rio take out GGP and BP take out UKOG	-
23/10/2018	15:52	Could BP be heading for 350p?	67

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16/6/2019 09:20	Bp Daily Update: Bp Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker BP.. The last closing price for Bp was 539p. Bp Plc has a 4 week average price of 532.10p and a 12 week average price of 523.90p. The 1 year high share price is 603.20p while the 1 year low share price is currently 481.35p. There are currently 20,352,821,343 shares in issue and the average daily traded volume is 30,338,952 shares. The market capitalisation of Bp Plc is £109,681,354,217.43. Read Full Thread Reply
01/5/2019 18:15	la forge: Iain Gilbert Sharecast News 01 May, 2019 16:42 Broker tips: BT, Burford Capital, BP, Ferrexpo, Just Eat bt, openreach, cable, broadband, internet Morgan Stanley has highlighted a range of strategies BT’s newly installed chief executive could unveil next week, including spinning out Openreach, but has warned there is a real chance that there will be no significant changes to the strategy announced at the full-year results. Morgan Stanley said there was a 15% chance that Jansen could adopt a bullish stance at the results and announce a range of wide-reaching measures aimed at shaking up BT's long-term strategy. Possibilities include significantly reducing headcount, selling non-core, lower-margin assets, or separating out the fixed line network business Openreach. “We think network separation would be most well received,” the analysts noted. “New opex targets and/or disposal of non-core assets could also be met favourably, albeit to a smaller degree.” They argued BT's shares could improve by as much as 12% in this situation, noting: “BT's shares have been among the worst performers in telecoms, with the total return down 3% in the year-to-date and 39% in three years, suggesting that a different strategy from here could be preferable.” Morgan Stanley said a more bullish approach could include announcing plans to cut the dividend or increase capex from £3.7bn currently to around £4.5bn, to funder higher fibre investments, which would weigh on the shares. “We would expect to see selling pressure from dividend investors, but do not anticipate the shares to fall by as much as the near-term free cash flow downgrade,” the bank said. “Higher near-term capex could drive longer-term profitability and, ultimately, a more favourable relationship with the regulator Ofcom.” However, Morgan Stanley, which has an 'equal-weight' rating on BT and a price target of 250p, said the most likely outcome was that there would be “no major deviations in strategy” at the results, which would be met with "modest disappointment". The focus instead would be on free cash flow and dividend; it is forecasting FCF for the 2020 of £2.1bn, down from £2.4bn in 2019, “reflecting headwinds in Consumer and Openreach”. It sees the dividend held flat year-on-year at 15.4p. Analysts at Canaccord Genuity slashed their target price on shares of stockmarket darling Burford Capital, flagging 20 areas of risk/concern to clients which they believed might be going unappreciated. The target price was cut from 1,543p to 1,196p and the recommendation was kept at 'sell'. Among other things, the Canadian broker saw a risk that the provider of arbitration and litigation finance might be forced to either pursue a new fundraising or cut back on lending should realisations fail to materialise at the level it was forecasting. They also challenged the company's claim to an 85% return on invested capital on concluded & partially realised investments, saying that their own analysis revealed a ROIC of 51% on those that had been concluded and of 36% for those that were partially realised. Hence, they cut their earnings per share estimates for the firm's financial years 2019 and 2020 by approximately 18% each one but for 2019 they were still anticipating adjusted profits before tax would more than double, excluding fair-value movements. They were also careful to explain that "For the avoidance of doubt, we see real opportunity for investors in the growth of the litigation funding market." "Equally, we also believe BUR has built an impressive, market-leading position and is generating attractive returns." Analysts at Jefferies reiterated their 'buy' recommendation and 600p target price for oil giant BP's shares on Wednesday, pointing to the potential for the company to lower its gearing and highlighting the success of its downstream activities. The company's balance sheet was still "stretched and under pressure", with gearing above 30%, but as divestiture proceeds came in that could be reduced to the mid-20% level, Jefferies said. The analysts also called attention to BP's big beat in Downstream, thanks to a "strong contribution" from trading, which drove results that came in 14% ahead of consensus and 21% above their own estimates. Among the potential catalysts for share price gains, Jefferies cited share buybacks to fully offset the dilution from its script dividends in the third quarter of 2017, which management had pencilled-in for completion by year end 2019. Also cited as potential drivers of the share price were asset divestitures to fund its liabilities from the Macondo oil spill and the acquisition of BHP's acreage in the Permian. Read Full Thread Follow Reply
09/4/2019 09:24	ariane: Investomania Will the BP plc share price rise by another 17%? Does BP plc (LON:BP) (BP.L) offer further share price growth potential? April 9, 2019 Robert Stephens BP (LON:BP) BP plc BP plc Since the start of 2019, the BP plc (LON:BP) (BP.L) share price has risen by around 17%. That’s a strong result in my opinion after what had been a challenging final quarter of 2018. With the oil price having moved higher and investor sentiment being more bullish, could the company’s stock price increase further? Or, are there risks ahead that could lead to a challenging period for the business? Industry prospects In my opinion, the prospects for the oil and gas industry continue to be uncertain. There are risks facing a number of major oil-producing nations which could cause an imbalance between demand and supply in the near term. This may lead to volatility in the oil price, which may cause investor sentiment to come under pressure over future months. Longer term, I feel that the world is gradually moving towards cleaner fuels than gas and oil. This trend has been in place for some time, and its pace may quicken as cleaner alternatives such as electric vehicles improve in terms of range and cost. That said, I think that oil and gas will continue to be key parts of the energy mix over the long run. I feel that demand for them may remain high, since they are forecast to be key parts of industries such as transportation across the developed and developing world. Company performance Recent updates released by BP have been relatively positive in my opinion. The company’s strategy seems to be delivering on its goals, with its upstream and downstream segments operating relatively well. This suggests to me that its strategy is working well, and that it may be moving on financially from the challenges posed by the 2010 oil spill. With the company continuing to invest heavily in its operations and asset base, I think it could have a bright future. It has a number of projects that are set to come onstream over the medium term. They could act as catalysts on its stock price, and may allow it to continue to outperform the FTSE 100 over the medium term. Investment potential Even though the BP share price has risen significantly since the start of 2019, it still offers a margin of safety to my mind. For instance, it has a P/E ratio of 12.2 and a dividend yield of 5.4%. These figures suggest to me that the company could offer good value for money at the moment relative to its industry peers. Sure, there may be cheaper opportunities elsewhere in the oil and gas industry, but a number of other FTSE 100 and FTSE 250 operators have high levels of debt, as well as more concentrated portfolios. Therefore, I’m optimistic about the investment potential of the business over the long run. I think it has a sound strategy, that its wider industry may perform well in spite of the risks it faces, and that it offers good value for money compared to the wider FTSE 100. Read Full Thread Follow Reply
04/2/2019 12:27	adrian j boris: BP share price trades higher ahead of fourth-quarter update Group expected to post rise in year-on-year profit Tsveta Zikolova by Tsveta Zikolova Monday, 04 Feb 2019, 10:12 GMT BP share price trades higher ahead of fourth-quarter update Shares in BP (LON:BP) have climbed higher in London this morning ahead of the oil major’s fourth-quarter results tomorrow. The update will come after FTSE 100 Royal Dutch Shell (LON:RDSA) beat forecasts last week. As of 09:26 GMT, BP’s share price had added 0.96 percent to 526.50p, outperforming the benchmark FTSE 100 index which currently stands 0.28 percent higher at 7,039.58 points. The group’s shares have added more than seven percent to their value over the past year, as compared with about a 5.5-percent drop in the Footsie. BP to post Q4 results BP is scheduled to update investors on its fourth-quarter performance tomorrow and IG reports that a company-compiled consensus of 20 brokers suggests that the oil major will post underlying replacement cost profit – its version of net income – of $2.63 billion for the last three months of the year, down almost 31 percent from the $3.8 billion reported in Q3. Profit, however, is still anticipated to be 25 percent higher compared to Q4 2017. Proactive Investors meanwhile has quoted Deutsche Bank Lucas Herrmann as saying in a recent note that “sharp commodity declines combined with a challenging downstream means the strong earnings and cash momentum apparent for much of the past two years should end this quarter”. The analyst, however, reckons that the results “should show good year-on-year progress with headline cash flow strongly supported by the material release of working capital, helpful for balance sheets”. Analyst ratings update Royal Bank of Canada reaffirmed BP as a ‘top pick’ on Friday, without specifying a price target on the shares. According to MarketBeat, the blue-chip oil major currently has a consensus ‘buy’ rating and an average price target of 645.83p on the shares. As of 10:14 GMT, Monday, 04 February, BP plc share price is 526.50p. Read Full Thread Follow Reply
04/2/2019 09:04	grupo: INVESTMANIA Why I think the BP plc share price could offer growth potential I’m optimistic about the prospects for the BP plc (LON:BP) (BP.L) share price February 4, 2019 Robert Stephens BP (LON:BP) BP plc BP plc While the performance of the BP plc (LON:BP) (BP.L) share price has been volatile in recent quarters, I’m upbeat about the long-term outlook for the business. Sure, the oil price is likely to remain volatile over the near term to my mind. It is difficult to accurately predict how supply growth will change in the near term, with there being the potential for extensions to sanctions waivers on Iran. Similarly, the outlook for the world economy remains uncertain. Although consumer demand has generally been robust in recent months, that could change and demand growth for oil could decline. As a result, I believe that BP is a relatively risky stock which may experience periods of difficulty in future depending on the performance of the wider oil and gas sector. However, at the same time I remain optimistic about its long-term growth potential. I think that it has been able to invest in a range of areas across its asset base which has boosted its Upstream and Downstream performance in recent quarters. This could lead to stronger financial performance in future should operating conditions be favourable. Since BP has a dividend yield of around 6% at the moment, I feel that the company could offer a margin of safety. Its P/E ratio of around 11 suggests to me that it could represent good value for money compared to some of its FTSE 100 index peers. And with EPS due to rise by 11% this year, I’m upbeat about its financial and share price prospects. Although there may be less risky and more resilient stocks in the FTSE 100, I believe that the company’s low valuation and growth potential could help it to outperform the wider index over the long run after what has been a challenging period for the wider oil and gas industry. Read Full Thread Follow Reply
03/2/2019 09:45	maywillow: Https://www.fool.co.uk/investing/2019/02/03/why-i-think-the-bp-share-price-could-be-the-ftse-100-buy-of-the-decade/ Why I think the BP share price could be the FTSE 100 buy of the decade Rupert Hargreaves \| Sunday, 3rd February, 2019 \| More on: BP Young woman sat at laptop by a window Image source: Getty Images. When it comes to finding dividend stocks, I think it’s hard to beat the BP (LSE: BP) share price. The company has almost everything going for it. It has a portfolio of some of the world’s best oil and gas assets, cash generation is strong, and the firm has a well-developed hydrocarbon distribution network around the world. More importantly, unlike so many other companies, BP doesn’t have to try to reinvent itself every few years. Indeed, one of the biggest problems companies face is trying to stay relevant over the long-term. This means investing millions or even hundreds of millions of pounds in research and development and new capital projects. All BP has to do is find oil and get it out of the group which, granted, isn’t that easy, but it’s easier than trying to predict the next consumer trend or invent the next miracle drug. That said, one threat we can’t ignore is BP’s business model, from the global transition away from dirty, polluting fossil fuels like oil and gas, towards cleaner renewable energy. According to BP’s forecasts, demand for oil and gas will continue to expand until around 2035, and then level off from there. This implies that the company will still be able to reap (and distribute to investors) the rewards of producing oil and gas. But the group is also trying to grow its presence in the renewable energy space — it’s not resting on its laurels — which I believe is a sensible move, considering the way the world is heading. Slow and steady As I’ve explained above, the main reason why I believe BP could be the FTSE 100 buy of the decade is its predictable business model. This means management can concentrate on other things like improving efficiency, profit margins and cash returns to investors. BP is already one of the FTSE 100’s top income-producing equities. It currently has a dividend yield of 6.1%, and the distribution is covered 1.5 times by earnings per share. There’s much more to BP’s cash returns policy than just its dividend. The firm is also forking out billions to buy back its own shares, which will reduce the number in issue, pushing up earnings per share, and ultimately, the share price. According to my figures, the amount of money BP is currently spending on buybacks is equivalent to a buyback yield of 0.5%. When added to the dividend yield, this gives a total yield for investors of around 6.6%. Investing for the long term Unfortunately, because the company forked out $10.5bn to buy a string of producing assets across the US from BHP in the middle of last year, management has informed shareholders that buybacks will take a back seat in 2019 as the firm devotes all available funds to reducing debt. Still, over the long term, these new assets should only lead to improved cash generation, which will ultimately mean higher cash returns for investors when the borrowings used to fund the deal are paid off. These are just some of the reasons why I believe the BP share price is the FTSE 100 buy of the decade. You Really Could Make A Million Of course, picking the right shares and the strategy to be successful in the stock market isn't easy. But you can get ahead of the herd by reading the Motley Fool's FREE guide, "10 Steps To Making A Million In The Market". The Motley Fool's experts show how a seven-figure-sum stock portfolio is within the reach of many ordinary investors in this straightforward step-by-step guide. Simply click here for your free copy. Rupert Hargreaves owns no share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Read Full Thread Follow Reply
15/1/2019 12:35	ariane: 4 resources stocks with investing appeal? BP plc, Glencore PLC, Tullow Oil plc and Royal Dutch Shell Plc Do these resources shares have bright futures? BP plc (LON:BP) (BP.L), Glencore PLC (LON:GLEN) (GLEN.L), Tullow Oil plc (LON:TLW) (TLW.L) and Royal Dutch Shell Plc (LON:RDSB) (RDSB.L) January 15, 2019 Robert Stephens FTSE 100 Royal Dutch Shell Plc Royal Dutch Shell Plc The prospects for resources shares BP plc (LON:BP) (BP.L), Glencore PLC (LON:GLEN) (GLEN.L), Tullow Oil plc (LON:TLW) (TLW.L) and Royal Dutch Shell Plc (LON:RDSB) (RDSB.L) is the focus of this article. Could they deliver improving share price growth? With the oil price having been volatile of late, BP has experienced a difficult period. This situation could continue in the near term in my opinion, with demand growth for oil potentially being weaker than expected due to fears surrounding the prospects for the world economy. Since BP has invested heavily in its asset base and in acquiring the petroleum assets of BHP Group, I think that it could offer long-term growth. A dividend yield of around 6% suggests to me that the stock could offer good value for money. Glencore’s shares have been volatile in recent months, with the prospect of a stronger dollar potentially weighing on investor sentiment. This trend could continue in 2019 in my view, since a couple of interest rate rises are expected. However, with Glencore having a single-digit P/E ratio and an improved business model in my eyes after reducing costs and debt levels, I’m optimistic about its recovery prospects in future years. Tullow Oil’s strategy of increasing production and reducing debt could pay off in the medium term. it may create a more profitable and less risky business that is able to deliver improved share price performance. In the near term, its shares could be volatile and risky due in part to the uncertainty surrounding the oil price. But for a long-term investor like me, I believe that Tullow Oil could offer recovery potential given favourable operating conditions. Shell’s strategy of reducing debt and disposing of non-core assets could create a stronger business in the long term in my view. It may allow the company to focus on areas where it feels it has the greatest competitive advantage and most favourable risk to reward ratio. Since Shell has a dividend yield of around 6%, I believe that its shares could offer a margin of safety. Although its financial performance is highly dependent upon the price of oil, I think that it could outperform the FTSE 100 over the long term. About Robert Stephens 5344 Articles Robert Stephens is a CFA Charterholder and an Equity Analyst by trade. He is a passionate private investor who has been buying and selling shares for many years, owning a wide range of UK shares in the process. He has written for Citywire and The Motley Fool US and now runs his own business. To contact Robert, please email info@investomania.co.uk or use one of the other contact methods available on the 'Contact Us' page Read Full Thread Follow Reply
08/11/2018 20:14	charleybrown: EX DIVIDEND DATES ARE NORMALLY THURSDAYS YOU CAN PURCHASE THE SHARES UP TO CLOSE OF BUSINESS 16.30 GMT ON THE DAY BEFORE THE EX DIVIDEND DAY (WEDNESDAY) AND YOU WILL GET THE DIVIDEND . ON THE EX DIVIDEND DAY (THURSDAY) BEFORE THE MARKET OPENS THE SHARE PRICE AT THAT TIME WILL BE MARKED DOWN BY THE DIVIDEND AMOUNT. IF YOU LIKE ON THE EX DIVIDEND DAY (THURSDAY) YOU CAN SELL THE SHARES AND STILL GET THE DIVIDEND PAYMENT TODAY BEING THE EX DIVIDEND AND THE DIVIDEND AMOUNT TO BE PAID WAS AROUND 7.9p SHARE PRICE THE PREVIOUS DAY WEDNESDAY CLOSED AT 544.30 NOW BECAUSE OF THE OVERNIGHT ADJUSTMENT/ the share price instead of opening around 536.40 it opened at 542.30 down 2p this happened because overnight the share price went up to around 550.2 then the dividend adjustment was made - 7.9p so the share price opened at 542.30 Read Full Thread Follow Reply
31/10/2018 08:26	waldron: Are share price gains ahead for BP plc, Tullow Oil plc, Royal Dutch Shell Plc and Premier Oil PLC? Do these stocks offer upside potential? BP plc (LON:BP) (BP.L), Tullow Oil plc (LON:TLW) (TLW.L), Royal Dutch Shell Plc (LON:RDSB) (RDSB.L) and Premier Oil PLC (LON:PMO) (PMO.L) October 31, 2018 Robert Stephens FTSE 100 Royal Dutch Shell Plc Royal Dutch Shell Plc The outlook for oil and gas shares such as BP plc (LON:BP) (BP.L), Tullow Oil plc (LON:TLW) (TLW.L), Royal Dutch Shell Plc (LON:RDSB) (RDSB.L) and Premier Oil PLC (LON:PMO) (PMO.L) could be relatively volatile in my view. Fears of a global economic slowdown could cause their share prices to come under pressure in the short run. BP, though, could deliver improving share price performance in the long run. The company’s recent update showed that its profitability is moving higher, while further investment in its asset base could create a stronger business over the coming years. With dividends rising and the stock yielding over 5%, I think the company could have improving income investing appeal. With a P/E ratio of around 13, I feel that BP could be undervalued at the moment. Shell’s financial prospects appear to be improving. The company’s investment in its asset base could prove to be a sound move, while a focus on deleveraging could create a stronger business in the long run. With Shell’s free cash flow forecast to improve over the next couple of years, I think the company could offer a rising dividend. On a yield of around 5.5%, I think the stock could offer good value for money versus the wider FTSE 100. Tullow Oil’s strategy of ramping-up production could begin to pay off. The company is due to record a double-digit rise in EPS next year, and yet it trades on a P/E ratio of around 10. This suggests to me that the stock could be undervalued. With Tullow Oil set to reduce debt levels over the medium term, I’m optimistic about its prospects in the coming years. While potentially volatile, its improving financial prospects and exploration potential make me upbeat about its capital growth outlook. Premier Oil has focused on reducing costs and increasing production. This is set to lead to improving free cash flow, which could help to reduce debt levels. While potentially volatile and risky, I feel that Premier Oil could offer a margin of safety. It has a P/E ratio of around 6 using next year’s EPS figure, which indicates to me that it may offer upside potential. About Robert Stephens 4720 Articles Robert Stephens is a CFA Charterholder and an Equity Analyst by trade. He is a passionate private investor who has been buying and selling shares for many years, owning a wide range of UK shares in the process. He has written for Citywire and The Motley Fool US and now runs his own business. To contact Robert, please email info@investomania.co.uk or use one of the other contact methods available on the 'Contact Us' page Read Full Thread Follow Reply
26/9/2018 10:28	the grumpy old men: 4 surprising dividend growth shares? AstraZeneca plc, Barclays PLC, Glencore PLC and BP plc Do these stocks offer upbeat dividend growth outlooks? AstraZeneca plc (LON:AZN) (AZN.L), Barclays PLC (LON:BARC) (BARC.L), Glencore PLC (LON:GLEN) (GLEN.L) and BP plc (LON:BP) (BP.L) September 26, 2018 Robert Stephens FTSE 100 Barclays Barclays The dividend growth outlooks of AstraZeneca plc (LON:AZN) (AZN.L), Barclays PLC (LON:BARC) (BARC.L), Glencore PLC (LON:GLEN) (GLEN.L) and BP plc (LON:BP) (BP.L) could be relatively strong in my view. After a number of years without rising dividends, AstraZeneca is expected to increase shareholder payments in the next financial year. The company’s investment in its pipeline looks set to pay off, with EPS growth of 12% in 2019 being forecast by the stock market. With the company having an increasingly strong position in a number of key markets, its long-term outlook appears to be improving. A dividend yield of 3.7% may not be the highest in the FTSE 100, but AstraZeneca’s dividend growth potential seems to be high. After freezing its dividend in the last couple of years to focus on rebuilding its balance sheet, Barclays is expected to deliver strong dividend growth over the next two years. In fact, by 2019 its dividend payments are forecast to be around 170% higher than they were in 2017. This puts the stock on a forward yield of 4.5%, and suggests that Barclays could be a surprise income option in the long run. Glencore’s share price performance has been relatively disappointing of late. Regulatory concerns and a stronger dollar have caused investor sentiment to come under a degree of pressure. This means that the mining company now has a dividend yield of around 5%. In my view, this provides it with income investing appeal. Clearly, it is a relatively risky and volatile stock which lacks the resilience of some of its FTSE 100 peers. But with a P/E ratio of 9, I feel that Glencore’s risk to reward ratio is relatively appealing. BP’s financial prospects have improved significantly in recent months. A rising oil price means that the company’s EPS growth is expected to positive, although its dividend yield still stands at over 5% in spite of a share price increase. With the BP share price having a P/E ratio of around 13, I feel that it offers good value for money. Since I believe that the oil price could move higher, the stock could deliver improving dividend growth over the medium term. About Robert Stephens 4396 Articles Robert Stephens is a CFA Charterholder and an Equity Analyst by trade. He is a passionate private investor who has been buying and selling shares for many years, owning a wide range of UK shares in the process. He has written for Citywire and The Motley Fool US and now runs his own business. To contact Robert, please email info@investomania.co.uk or use one of the other contact methods available on the 'Contact Us' page Read Full Thread Follow Reply
16/8/2018 18:31	the grumpy old men: 16 August 2018 BP p.l.c. Second quarter interim dividend for 2018 Scrip Dividend Programme On 26 July 2018, the Directors of BP p.l.c. announced that the interim dividend for the second quarter 2018 would be US$0.1025 per ordinary share (US$0.615 per ADS) (see RNS Number: 9448V). This interim dividend is to be paid on 21 September 2018 to shareholders on the share register on 10 August 2018. The dividend is payable in cash in sterling to holders of ordinary shares and in US dollars to holders of ADSs. A scrip dividend alternative will be made available for this dividend allowing shareholders to elect to receive their dividend in the form of new ordinary shares and ADS holders in the form of new ADSs. The 'Reference Share Price' for the issue of new ordinary shares under the scrip dividend alternative is: US$7.099 for each new ordinary share. For holders of ordinary shares this is equivalent to 1 new share for approximately every 69.259 shares held prior to the ex-dividend date of 9 August 2018. The Reference Share Price is the average of the US dollar equivalent of the closing mid price quotation for a BP ordinary share on the London Stock Exchange Daily Official List for the five consecutive dealing days beginning on the ex-dividend date of 9 August 2018. The US dollar equivalent price each day is calculated from the sterling closing mid price using an exchange rate published in the London Stock Exchange Daily Official List. The 'Reference ADS Price' for the issue of new ADSs under the scrip dividend alternative is: US$42.644 for each new ADS. For holders of ADSs this is equivalent to 1 new ADS for approximately every 69.340 ADSs held prior to the ex-dividend date of 9 August 2018. The Reference ADS Price is calculated by multiplying the Reference Share Price by six (as there are six ordinary shares underlying each ADS) and adjusting for the fee payable to the Depositary under the ADS Deposit Agreement (US$0.05 per ADS). Prior to the 2012 first quarter dividend payment stamp duty reserve tax ("SDRT") of 1.5% was deducted from this calculation, but following a tax tribunal decision in 2012, HM Revenue & Customs will no longer seek to impose 1.5% SDRT on issues of UK shares and securities to non-EU clearance services and depositary receipt systems. Dividends payable in cash in sterling on 21 September 2018 will be converted from US dollars at the average of the market exchange rates for the four dealing days from 5 to 10 September 2018. The sterling cash dividend will be announced to the London Stock Exchange on 11 September 2018. The latest date for receipt of elections to participate in the Scrip Dividend Programme for this interim dividend is 4 September 2018. Shareholders must return their mandate form or otherwise input their CREST elections, to be received by BP's Registrar, Link, by 5.00 pm (London time) on 4 September 2018, and ADS holders must return their election form to the Depositary, JPMorgan Chase Bank N.A., by 5.00 pm (New York time) on that date. Elections received after this deadline will apply to subsequent dividends only. Unless revoked by you, your scrip dividend election will apply for all future dividends for which a scrip dividend is offered. Evergreen elections for CREST shareholders will not be accepted and elections will revert to cash by default after the payment of each dividend. Details of the second quarter 2018 dividend and timetable are available at www.bp.com/dividends and details of the Scrip Dividend Programme are available at www.bp.com/scrip. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. END DIVFQLFFVVFEBBF (END) Dow Jones Newswires August 16, 2018 07:54 ET (11:54 GMT) Read Full Thread Follow Reply

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