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BP (BP) 6-Month Price Index : 1.01 (As of Apr. 25, 2024)


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What is BP 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-04-25), BP's 6-Month Price Index is 1.01.

Competitive Comparison of BP's 6-Month Price Index

For the Oil & Gas Integrated subindustry, BP's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BP  (NYSE:BP) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BP  (NYSE:BP) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

BP 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of BP's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

BP (BP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BP PLC (NYSE:BP) » Definitions » 6-Month Price Index
Comparable Companies
LSE:WG. LSE:QED LSE:ECHO LSE:SHEL SAU:2222 XOM CVX SHSE:601857 XPAR:TTE HKSE:00386 BSP:PETR3 OSL:EQNR ADX:ADNOCGAS MIC:LKOH MIL:ENI TSX:SU BOM:500312 MIC:GAZP TSX:CVE MIC:SIBN
Traded in Other Exchanges
BPAQF:USA BP N:Mexico BPl:UK BP.B.PFD:UK BP.A.PFD:UK BP.:UK BPE5:Germany BSU:Germany BPE5:Germany BPE:Germany BPE5:Germany BPE:Germany BSU:Germany BPE5:Germany BPE:Germany B1PP34:Brazil BP:Argentina
Address
1 St James's Square, London, GBR, SW1Y 4PD
Website
https://www.bp.com
BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.1 million barrels of liquids and 6.9 billion cubic feet of natural gas per day. At the end of 2022, reserves stood at 7.2 billion barrels of oil equivalent, 56% of which are liquids. The company operates refineries with a capacity of 1.6 million barrels of oil per day. BP also holds a 20% ownership interest in Rosneft, which it plans to exit.
Executives
Karen Richardson Non-Executive Director