BP: Undervalued And Likely To Significantly Raise The Dividend

Mar. 23, 2023 7:43 AM ETBP p.l.c. (BP) StockBP8 Comments
Skeptical12
2.85K Followers

Summary

  • BP's downstream operations are very well positioned, and the company's upstream division should be solid as well.
  • The company's strong balance sheet and aggressive share buyback policy should enable BP to continue to significantly increase the dividend in coming years.
  • The stock looks undervalued using several metrics, the pullback is a buying opportunity.

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