Weakness Seen in BP plc (BP): Stock Falls 5.3% – Tale of the Tape

This slump shouldn’t be too much of a surprise to investors, as the integrated oil firm has seen 3 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

BP currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.

A better-ranked stock in the energy sector is Seadrill Partners LLC (SDLP), which currently carries a Zacks Rank #1 (Strong Buy).

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