Projected Income Statement: BP PLC

Forecast Balance Sheet: BP PLC

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 38,826 21,422 20,912 22,997 22,182 16,605 10,381 9,349
Change - -44.83% -2.38% 9.97% -3.54% -25.14% -37.48% -9.94%
Announcement Date 2/8/22 A 2/7/23 A 2/6/24 A 2/11/25 A 2/10/26 A - - -
1USD in Million
Estimates

Cash Flow Forecast: BP PLC

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 10,887 16,330 14,285 15,297 14,533 13,798 13,823 13,941
Change - 50% -12.52% 7.08% -4.99% -5.06% 0.18% 0.85%
Free Cash Flow (FCF) 1 12,725 24,602 17,754 12,000 9,960 18,158 14,054 11,777
Change - 93.34% -27.84% -32.41% -17% 82.31% -22.6% -16.21%
Announcement Date 2/8/22 A 2/7/23 A 2/6/24 A 2/11/25 A 2/10/26 A - - -
1USD in Million
Estimates

Forecast Financial Ratios: BP PLC

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 23.55% 25.01% 20.45% 19.69% 19.69% 21.62% 20.06% 19.05%
EBIT Margin (%) 14.16% 19.07% 12.87% 10.9% 10.27% 13.89% 11.36% 10.31%
EBT Margin (%) 9.65% 6.38% 11.3% 3.58% 4.09% 12.36% 9.87% 8.67%
Net margin (%) 4.8% -1.03% 7.25% 0.2% 0.03% 6.45% 5.49% 5.3%
FCF margin (%) 8.07% 10.19% 8.45% 6.34% 5.26% 8.29% 7.09% 5.95%
FCF / Net Income (%) 168.21% -989.22% 116.5% 3,149.61% 18,109.09% 128.48% 129% 112.27%

Profitability

        
ROA 2.73% 9.61% 4.87% 3.17% 2.67% 4.98% 3.86% 3.32%
ROE 10.31% 38.67% 20.08% 13.77% 13.33% 24.83% 15.24% 14.16%

Financial Health

        
Leverage (Debt/EBITDA) 1.05x 0.35x 0.49x 0.62x 0.6x 0.35x 0.26x 0.25x
Debt / Free cash flow 3.05x 0.87x 1.18x 1.92x 2.23x 0.91x 0.74x 0.79x

Capital Intensity

        
CAPEX / Current Assets (%) 6.9% 6.76% 6.8% 8.09% 7.68% 6.3% 6.97% 7.04%
CAPEX / EBITDA (%) 29.31% 27.05% 33.25% 41.07% 38.99% 29.13% 34.74% 36.96%
CAPEX / FCF (%) 85.56% 66.38% 80.46% 127.48% 145.91% 75.99% 98.35% 118.38%

Items per share

        
Cash flow per share 1 1.165 2.156 1.805 1.623 1.539 2.3 1.815 1.716
Change - 84.98% -16.27% -10.07% -5.18% 49.41% -21.06% -5.46%
Dividend per Share 1 0.2163 0.2408 0.2842 0.3127 0.3296 0.3409 0.356 0.3708
Change - 11.34% 18.01% 10.03% 5.4% 3.44% 4.41% 4.17%
Book Value Per Share 1 3.725 3.558 4.177 3.738 3.45 3.907 4.069 4.187
Change - -4.48% 17.41% -10.52% -7.7% 13.24% 4.14% 2.92%
EPS 1 0.3733 -0.131 0.8585 0.0232 0.0034 0.9811 0.705 0.682
Change - -135.09% 755.34% -97.3% -85.34% 28,754.71% -28.14% -3.26%
Nbr of stocks (in thousands) 19,593,397 18,157,212 16,930,452 15,828,940 15,297,154 15,452,017 15,452,017 15,452,017
Announcement Date 2/8/22 A 2/7/23 A 2/6/24 A 2/11/25 A 2/10/26 A - - -
1USD
Estimates
2026 *2027 *
P/E 7.68x 10.7x
PBR 1.93x 1.85x
EV / Sales 0.61x 0.64x
Yield 4.53% 4.73%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
19
Last Close Price
7.533USD
Average target price
8.063USD
Spread / Average Target
+7.03%

Quarterly revenue - Rate of surprise