BP PLC ADR
BP: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$21.10 | Bhbl | Gdmgctmsq |
Reducing Our FVE for BP Slightly as We Completely Remove Rosneft Value; Shares Remain Undervalued
Business Strategy and Outlook
BP is transitioning from an integrated oil company to an integrated energy company to achieve its emission reduction targets and position itself for the energy transition while growing earnings and improving returns.