BP (British Petroleum) stock represents ownership in one of the world's largest integrated oil and gas companies. Traded on the London Stock Exchange (BP.) and the New York Stock Exchange (BP), BP's stock price is influenced by factors such as global oil prices, geopolitical events, company earnings reports, and investor sentiment regarding the energy transition. While historically a major player in fossil fuels, BP has increasingly focused on renewable energy and low-carbon technologies, impacting its stock valuation as investors assess its strategic shift and future profitability in a changing energy landscape.
