bp

BP’s Seasonal Sweet Spot: Will Activist Pressure Fuel or Disrupt the Rally?

Giles Coghlan
Trading Ideas

BP’s Seasonal Sweet Spot: A Bullish Window Amid Activist Uncertainty

BP is under pressure as activist investor Elliott Management pushes for strategic changes and cost-cutting measures. Despite this uncertainty, history suggests a potential upside - BP’s stock has gained an average of +5.57% from March 15 to May 20, with a 76% win rate.

February 19, 2025
bp stocks

Giles Coghlan
Trading Ideas

BP sets cost saving goal as weak seasonal pattern begins

BP’s latest earnings, released on Tuesday this week, saw both it’s quarter profits and cash flow fall more than expected. Operating cash flow, standing slightly above $5 billion, marked its lowest point since Q4 2020, significantly falling short of the average analyst projection of $6.72 billion.

May 10, 2024
bp