Stock Analysis on Net
Stock Analysis on Net

BP PLC (NYSE:BP)

This company has been moved to the archive! The financial data has not been updated since March 3, 2015.

Price to FCFE (P/FCFE)

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Free Cash Flow to Equity (FCFE)

BP PLC, FCFE calculation

US$ in millions

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12 months ended: Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Net cash provided by operating activities 32,754 21,100 20,397 22,154 13,616
Capital expenditure (22,546) (24,520) (23,078) (17,845) (18,421)
Proceeds from disposals of fixed assets 1,820 18,115 9,991 3,500 7,492
Proceeds from long-term financing 12,394 8,814 11,087 11,600 11,934
Repayments of long-term financing (6,282) (5,959) (7,177) (9,102) (4,702)
Net increase (decrease) in short-term debt (693) (2,019) (674) 2,227 (3,619)
Free cash flow to equity (FCFE) 17,447 15,531 10,546 12,534 6,300

Based on: 20-F (reporting date: 2014-12-31), 20-F (reporting date: 2013-12-31), 20-F (reporting date: 2012-12-31), 20-F (reporting date: 2011-12-31), 20-F (reporting date: 2010-12-31).

Item Description The company
FCFE Free cash flow to equity is the cash flow available to BP PLC equity holders after all operating expenses, interest, and principal payments have been paid and necessary investments in working and fixed capital have been made. BP PLC FCFE increased from 2012 to 2013 and from 2013 to 2014.

Price to FCFE Ratio, Current

BP PLC, current P/FCFE calculation, comparison to benchmarks

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No. shares of common stock outstanding 3,334,326,882
Selected Financial Data (US$)
Free cash flow to equity (FCFE) (in millions) 17,447
FCFE per share 5.23
Current share price (P) 41.74
Valuation Ratio
P/FCFE 7.98
Benchmarks
P/FCFE, Competitors1
Chevron Corp. 19.52
ConocoPhillips 13.76
Exxon Mobil Corp. 14.50
Marathon Petroleum Corp. 5.67
Occidental Petroleum Corp. 10.00
Valero Energy Corp. 6.90

Based on: 20-F (reporting date: 2014-12-31).

1 Click competitor name to see calculations.

If the company P/FCFE is lower then the P/FCFE of benchmark then company is relatively undervalued.
Otherwise, if the company P/FCFE is higher then the P/FCFE of benchmark then company is relatively overvalued.

Price to FCFE Ratio, Historical

BP PLC, historical P/FCFE calculation, comparison to benchmarks

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Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
No. shares of common stock outstanding1 3,334,326,882 3,404,438,755 3,189,291,886 3,162,650,443 3,132,743,549
Selected Financial Data (US$)
Free cash flow to equity (FCFE) (in millions)2 17,447 15,531 10,546 12,534 6,300
FCFE per share3 5.23 4.56 3.31 3.96 2.01
Share price1, 4 41.74 48.79 40.71 46.23 47.74
Valuation Ratio
P/FCFE5 7.98 10.69 12.31 11.67 23.74
Benchmarks
P/FCFE, Competitors6
Chevron Corp. — — — — —
ConocoPhillips — — — — —
Exxon Mobil Corp. — — — — —
Marathon Petroleum Corp. — — — — —
Occidental Petroleum Corp. — — — — —
Valero Energy Corp. — — — — —

Based on: 20-F (reporting date: 2014-12-31), 20-F (reporting date: 2013-12-31), 20-F (reporting date: 2012-12-31), 20-F (reporting date: 2011-12-31), 20-F (reporting date: 2010-12-31).

1 Data adjusted for splits and stock dividends.

2 See details »

3 2014 Calculation
FCFE per share = FCFE ÷ No. shares of common stock outstanding
= 17,447,000,000 ÷ 3,334,326,882 = 5.23

4 Closing price as at the filing date of BP PLC Annual Report.

5 2014 Calculation
P/FCFE = Share price ÷ FCFE per share
= 41.74 ÷ 5.23 = 7.98

6 Click competitor name to see calculations.

Valuation ratio Description The company
P/FCFE Price to free cash flow to equity is cash valuation indicator of stockholders’ equity. BP PLC P/FCFE ratio decreased from 2012 to 2013 and from 2013 to 2014.