Shares of BP p.l.c. (NYSE:BP) traded at a new 52-week high today of $28.49. Approximately 8.3 million shares have changed hands today, as compared to an average 30-day volume of 13 million shares.
In the past 52 weeks, shares of BP p.l.c. have traded between a low of $14.74 and a high of $28.49 and is now at $28.02, which is 90% above that low price.
Potential upside of 87.5% exists for BP p.l.c., based on a current level of $28.02 and analysts' average consensus price target of $52.54.
BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2019, it produced 2.1 million barrels of liquids and 7.9 billion cubic feet of natural gas per day, including volumes from its 20% ownership interest in Rosneft. At year-end 2020, reserves stood at 18.0 billion barrels of oil equivalent, 59% of which are liquids. The company operates refineries with a capacity of 1.9 million barrels of oil per day.
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