This Acquirers Multiple Stock Is Undervalued, According to Dalio, Soros, Cohen

Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:

BP PLC (BP)

BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 1.1 million barrels of liquids and 6.9 billion cubic feet of natural gas per day. At the end of 2022, reserves stood at 7.2 billion barrels of oil equivalent, 56% of which are liquids. The company operates refineries with a capacity of 1.6 million barrels of oil per day.

A quick look at the price chart below shows us that the stock is down 1.03% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 5.10 which means that it remains undervalued.

BP data by YCharts

(Shares)

Ken Fisher – 19,169,003

Israel Englander – 7,635,801

Steve Cohen – 5,274,018

Ken Griffin – 4,410,074

George Soros – 170,000

Paul Tudor Jones – 104,436

Ray Dalio – 88,159

Murray Stahl – 9,519