Is the BP share price at its peak?

BP has paused all shipments of oil and gas through the Red Sea following a series of attacks on vessels by Houthi militants. Has the BP share price hit its ceiling? This Fool has been looking at the BP share price recently. He thinks that, although it’s up around 125% since October 2020, it could be at its peak for now.

What does BP stand for?

BP PLC, a British multinational oil and gas company, is one of the largest energy companies in the world. Listed on the London Stock Exchange, BP operates in all areas of the oil and gas industry, including exploration, production, refining, distribution, and marketing.

Where is BP listed?

BP is listed in the Fossil Fuels sector. Bp Plc $0.25 is listed on the London Stock Exchange trading with ticker code BP..L. It has a market capitalisation of £77.57b, with approximately 16.91b shares in issue. Over the last year, BP share price has been traded in a range of 123.30, hitting a high of 570.50, and a low of 447.20.

Is BP a healthy dividend?

More than 2 is considered healthy, less than 1.5 may hint that a dividend is at risk of being cut. Dividend cover Oil giant BP moved into the top bracket of oil companies in the late nineties with the acquisitions of US concerns Amoco and Atlantic Richfield.