Why BP (BP) Stock Is Up Today | Quiver Quantitative

BP p.l.c. (BP) is up 4.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is BP’s second-quarter trading update, which pointed to a stronger earnings setup from higher realized oil and gas prices, solid oil trading, and improved refining margins. The stock also appears to be benefiting from a broader rebound in energy sentiment as crude markets stayed volatile through July.

Details:

BP said in its July 14 second-quarter trading statement that higher oil and gas prices are expected to have a positive impact on upstream realizations versus the prior quarter.

The company also flagged a strong result from oil trading and higher refining margins, both of which can support quarterly profit and cash flow expectations.

BP noted that reported upstream production is expected to be lower sequentially because of seasonal maintenance and disruption in the Middle East, but investors seem to be focusing more on pricing and trading strength.

The filing also referenced impairments and other adjusting items, yet the market reaction suggests investors are treating those as less important than the underlying earnings tailwinds.

Sources:

BP, SEC, London Stock Exchange

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$BP Hedge Fund Activity

We have seen 505 institutional investors add shares of $BP stock to their portfolio, and 530 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CAPITAL WORLD INVESTORS added 15,908,895 shares (+inf%) to their portfolio in Q1 2026, for an estimated $747,718,065
CAXTON ASSOCIATES LLP removed 10,409,750 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $489,258,250
ACADIAN ASSET MANAGEMENT LLC added 7,454,079 shares (+71.8%) to their portfolio in Q1 2026, for an estimated $350,341,713
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 7,039,022 shares (+121.9%) to their portfolio in Q1 2026, for an estimated $330,834,034
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND removed 5,666,343 shares (-98.5%) from their portfolio in Q1 2026, for an estimated $266,318,121
HUDSON BAY CAPITAL MANAGEMENT LP removed 4,348,062 shares (-96.6%) from their portfolio in Q1 2026, for an estimated $204,358,914
BANK OF MONTREAL /CAN/ added 3,994,173 shares (+636.2%) to their portfolio in Q1 2026, for an estimated $187,726,131

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$BP Congressional Stock Trading

Members of Congress have traded $BP stock 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $BP stock by members of Congress over the last 6 months:

REPRESENTATIVE JONATHAN L. JACKSON has traded it 2 times. They made 2 purchases worth up to $65,000 on 03/20, 03/19 and 0 sales.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$BP Analyst Ratings

Wall Street analysts have issued reports on $BP in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

RBC Capital issued a "Outperform" rating on 05/11/2026
UBS issued a "Buy" rating on 04/15/2026

To track analyst ratings and price targets for $BP, check out Quiver Quantitative's $BP forecast page.

$BP Price Targets

Multiple analysts have issued price targets for $BP recently. We have seen 5 analysts offer price targets for $BP in the last 6 months, with a median target of $50.0.

Here are some recent targets:

Bill Selesky from Argus Research set a target price of $50.0 on 05/11/2026
Paul Cheng from Scotiabank set a target price of $58.0 on 04/22/2026
Sam Margolin from Wells Fargo set a target price of $54.0 on 04/09/2026
Kim Fustier from HSBC set a target price of $45.3 on 03/20/2026
Ryan Todd from Piper Sandler set a target price of $47.0 on 03/12/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.