BP
Moving with the market
- BP −0.36% on the last session vs SPY +0.13%: −0.5 pts of stock-specific move.
- Market backdrop (Today): Core PPI m/m 1.3% vs 0.3% expected (hotter); Core Retail Sales m/m 0.9% vs 0.6% expected (stronger); S&P futures -0.08%, 10-year yield -3bp in the 30 minutes after.
Bargain & stretch prices
Prices BP only reaches with set odds, from its own recent swings. Odds, not a forecast.
| Today | Next 5 sessions | |
|---|---|---|
| Stretch sell side |
49.71 +1.8% ↓ less often after a new 52-week high
reached 3 in 10 days · 25% vs usual 28% |
50.85 +4.2% ↓ less often after a new 52-week high
reached 3 in 10 weeks · 27% vs usual 30% |
| Now | 48.63 · prior close 48.81 | |
| Bargain buy side |
47.92 -1.8% reached 3 in 10 days |
46.85 -4.0% reached 3 in 10 weeks |
More patient or more eager
| Bargain | Reached | Stretch | Reached | |
|---|---|---|---|---|
| Today | ||||
| Patient | 47.64 | 2 in 10 days | 50.01 | 2 in 10 days↓ 15% vs 17% |
| Balanced | 47.92 | 3 in 10 days | 49.71 | 3 in 10 days↓ 25% vs 28% |
| Eager | 48.19 | 4 in 10 days | 49.44 | 4 in 10 days↓ 43% vs 45% |
| Next 5 sessions | ||||
| Patient | 46.23 | 2 in 10 weeks | 51.53 | 2 in 10 weeks↓ 16% vs 19% |
| Balanced | 46.85 | 3 in 10 weeks | 50.85 | 3 in 10 weeks↓ 27% vs 30% |
| Eager | 47.44 | 4 in 10 weeks | 50.22 | 5 in 10 weeks↓ 45% vs 48% |
"3 in 10 days" means the price was reached on about 3 of every 10 days like this one. Patient prices are further away and come less often; eager ones are closer and come more often. From BP's daily swings (about 1.9% a day lately), anchored on the Oct 14 close. The odds were measured on 10 years of S&P 500 prices (they move about 3 points from year to year with the market: bargain prices come more often in falling years, stretch prices in rising ones), and where a situation below changed them consistently (in at least 8 of 10 years), they are adjusted and marked. In those tests, waiting for the bargain price did no better on average than buying at the close: what you save when it comes, you pay when it doesn't.
Situations on the Oct 14 close
- Stretch price, next session: reached 25% of days instead of the usual 28% (held in 10 of 10 years)
- Stretch price, next 5 sessions: reached 27% of weeks instead of the usual 30% (held in 9 of 10 years)
| Date | That day | 1 week on | 1 month on | 3 months on |
|---|---|---|---|---|
| Sep 15, 2026 | +2.2% | -8.2% | +3.9% | — |
| Apr 6, 2026 | +0.8% | -2.2% | -2.1% | -17.8% |
| Feb 27, 2026 | +2.3% | +4.1% | +21.8% | +9.0% |
| Jan 27, 2026 | +2.3% | +3.2% | +2.3% | +24.8% |
| Nov 6, 2025 | +0.4% | +1.9% | +1.3% | +11.0% |
| Sep 26, 2025 | +1.2% | -4.3% | -2.6% | -2.6% |
| Aug 13, 2025 | +0.7% | +0.2% | +0.2% | +10.5% |
| Oct 16, 2023 | +0.5% | -3.3% | -9.7% | -14.6% |
Big drop and big gain: among BP's own worst or best 10% of daily moves, as on the Aftermath tab. The past times are history: in our tests, how a stock did after its earlier times did not predict the next one, and across the S&P 500 none of these situations leaned up or down except, weakly, an all-time high followed by a big drop. Not advice.
Price ladder
| Stretch, next 5 sessions | 50.85 +4.6% |
| All-time and 52-week closing high Oct 14, 2026 |
48.81 +0.4% |
| Previous close Oct 14, 2026 |
48.81 +0.4% |
| Now | 48.63 |
| Bargain, next 5 sessions | 46.85 -3.7% |
| 50-day average | 44.36 -8.8% |
| 200-day average | 41.48 -14.7% |
| 52-week closing low Oct 16, 2025 |
31.17 -35.9% |
Closing prices (all-time = the 65 years Yahoo has). Percentages are the distance from now. These are levels people watch, not levels the price has to respect. Not advice.