How To Buy Bp Shares

You can buy BP shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy BP shares with a broker like eToro or you can trade BP CFDs with XTB you can begin trading BP shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys BP stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro XTB Plus500 FXPrimus Trading212 AvaTrade
Rating
Used By 12,000,000+ 250,000+ 15,500+ 10,000+ 14,000,000+ 200,000+
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Scroll down to read our indepth article on How To Buy Bp Shares. What you should know, Types of trading BP Stock and CFD's. Pros and Cons, everything is explained below.

BP Financial Details

Financial Details

BP Stock symbol BP.
BP Sector and Industry Energy Oil, Gas & Coal
BP Exchange LSE - London Stock Exchange
52 Week High $583.41
52 Week Low $453.95
BP Market Capitalisation $120,209,263,509.00
BP Average Volume 7,476,335.00
BP PE 25.63
BP EPS 1.41
Stock Currency USD

Overview of BP

BP p.l.c is an oil and petrochemicals company. The Company explores for and produces oil and natural gas, refines, markets, and supplies petroleum products, generates solar energy, and manufactures and markets chemicals. BP's chemicals include terephthalic acid, acetic acid, acrylonitrile, ethylene, and polyethylene.

BP is an British Energy Oil, Gas & Coal company currently traded on the London Stock Exchange (LSE).

BP trades under the stock symbol BP. on the LSE.

BP shares are traded in USD.

BP has a current share price of $458.35 USD dated 31/01/2020.

The highest BP share price over the last 52 weeks was $583.41 USD and its lowest price over the last 52 weeks was $453.95 USD. That is a 52 week price range of $453.95 - $583.41.

BP Trading Volume and PE

BP currently has 20,252,710,000.00 active shares in circulation traded through the LSE exchange.

BP market capitalization is $120,209,263,509.00 with an average daily trading volume of 7,476,335.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

BP has a Price Earning Ratio ( PE ) of 25.63 and earning per share ( EPS ) of 1.41. Generally speaking BP having a high P/E ratio means that BP investors forsee increased growth with BP in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

BP earnings per share is Disney company profit that's allocated to every BP common stock. Earnings per share is calculated by taking the difference between BP's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of BP shares outstanding.

BP Financial Charts

Financial Details

BP Information

BP Location & Contact Information

Address 1 Saint James's Square London, SW1Y 4PD United Kingdom
Phone Number 44-20-7496-4000
Website URL www.bp.com

BP Executives and Board Members

Chief Executive Officer Robert Warren Dudley
Chief Financial Officer Murray Auchincloss
Chief Executive Officer Bernard Looney
BP Board Member Paula Rosput Reynolds
BP Board Member Ian E L Davis
BP Board Member Sir John Sawers

How To Buy Bp Shares Guide

Buying BP Stocks and CFDs

When investing in BP you have several options as to what type of investment you wish to conduct. You can buy traditional BP shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying BP shares with stock brokers and trading BP with CFDs below.

BP CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any BP stock.

If you buy BP shares with a stock broker you actually own a share of BP. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the BP price will change up or down.

Lets explain why you would buy BP as a CFD instead of as a share.

If you went and brought 100 BP shares at $100 a share with a stock broker you own $1000 of BP.

The main difference when trading BP as a CFD and buying BP as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in BP you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in BP. Trading an BP CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an BP CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an BP share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

What CFDs allow you to do is profit from both the rise and fall in the BP share price. An BP CFD long would be hoping to profit from a rise in the BP share price. An BP CFD short would be aiming to profit from a fall in the BP stock price. Trading CFDs allows traders to profit from both directions of the BP price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional BP shares you can only profit from a rise in the BP stock price.

BP CFD and Stock Market Times

When trading in traditional BP shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying BP Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying BP stock. This limits your risk to your initial amount invested in BP. You can only lose the amount invested with traditional BP shares. Another benefit of buying BP shares with a broker is that you may be eligible to receive BP company dividends if applicable.

If you Invest in BP via a CFD you have no shareholder privileges as you don't actually own any underlying assets in BP. If you buy BP stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these BP benefits as in owning a certain amount of stock for a set period.

If you own shares in BP you may be eligible to voting rights at BP shareholder general meetings.

BP Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in BP Stocks and shares are only exempt from tax if the BP shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade BP Stocks and Shares or BP CFDs?

There are pros and cons to trading in both BP Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in BP stocks and shares is better suited for long term investments. Historically BP shares provide better returns over the long term, usually a 10 year period.

BP CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an BP share investors aim to profit on the fluctuating highs and lows of the BP price throughout the day. Day trading as you can imagine focuses on profiting from the daily BP stock price change.

CFD traders monitor live price movements by using real-time charts in an attempt to profit from live price movements.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an BP stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an BP share price for example to a known amount.

Example Cost of Buying BP as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

BP CFD trade example BP Share deal example
Market price $458.35 $458.35
Broker Deal Invest $91.67 at 1:5 Margin (20%) Buy at $458.35 a share
Deal size 100 shares 100 shares
Initial outlay

$9167

(Margin = exposure x 20% margin factor)

$45835

(100 shares at $458.35)
Stamp duty No £20
Close price Sell at $550.02 Sell at $550.02
Estimated Profit

(91.67 point increase x 100 shares = $9167)

*Not including commission fees and taxes

($55002 - $45835 = $9167)

*Not including commission fees and taxes
Trade BP CFDs now with XTB Trade BP Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering BP shares and CFDs.

We compare these features to make it easier for you to make a more informed choice.