BP buys EV fleet charging provider Amply Power, boosting entry into U.S.

  • BP ( BP ) agrees to acquire U.S. electric vehicle charging provider Amply Power for an undisclosed sum, taking its first major step into electrification in the U.S.
  • California-based Amply serves fleets that operate trucks, transit and school buses, vans and light-duty vehicles.
  • Amply will continue to operate independently as part of BP 's global portfolio of businesses.
  • BP says it aims to nearly double earnings by 2030 from its global convenience and mobility businesses from ~$5B in 2019 while building its global network of EV charging points from 11K today to more than 70K.
  • BP recently unveiled plans for a major green hydrogen project in northeast England.

    For this year BP 's (located in London) revenue will be around 219.98 billion GBp. This is according to the average of the analysts' estimates. This is quite more than 2021's revenue of 161.29 billion GBp.

    Historical revenues and results BP plus estimates 2021

    fundamantele data

    The analysts expect for 2021 a net profit of 12.46 billion GBp. For this year most of the analysts expect a profit per share of 62 GBp. So the price/earnings-ratio equals 5.21.

    Huge dividend BP

    Per share the analysts expect a dividend of 22 GBp per share. The dividend yield is then 6.8 percent. The average dividend yield of the oil & gas producers is a relatively high 2.91 percent.

    Recent target prices around 461 GBp

    The most recent recommendations for the oil & gas producer are from Deutsche Bank , JP Morgan and HSBC .

    BP 's market capitalization is based on the number of outstanding shares around 6543.26 billion GBp. 32

    At 10.26 the stock trades 1.35 percent higher at 323.3 GBp.

    Price data BP 2007-2021

    stock prices bp

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