Here's Why You Should Bet on BP Stock Ahead of Q1 Earnings
BP(BP) Zacks Investment Research·2024-05-02 13:41Investors are closely monitoring BP plc (BP) as it prepares to announce first-quarter 2024 earnings on May 7, before the opening bell. Some investors are considering whether to buy shares of this large integrated energy company before its earnings release or wait for a more favorable entry opportunity.Promising Price TrendsBP has proven to be rewarding since the beginning of 2024, gaining 9.3% year to date, exceeding the 8.7% rise of the broader Zacks Oil - Energy sector. The new management’s strong emphasi ...