Why BP PLC (BP) Soared on Monday

We recently published a list of Why These 10 Firms Soared on Monday. In this article, we are going to take a look at where BP PLC (NYSE:BP) stands against other Monday’s best performers.

The stock market kicked off the trading week on a negative note as investors sold off on a new round of uncertainties from President Donald Trump’s tariff policies.

The Nasdaq fell by 0.74 percent, while the S&P 500 dropped 0.64 percent and the Dow Jones was down by 0.24 percent.

Over the weekend, Trump told reporters that the US was negotiating with many countries, “but at the end of this, I’ll set my own deals — because I set the deal, they don’t set the deal.”

He added that he had no intentions to talk with Chinese President Xi Jinping, dampening hopes of a potential negotiation between the two of the world’s largest economies.

Beyond the major indices, 10 companies stood out with strong gains amid a flurry of fresh developments. In this article, we name Monday’s 10 best performers and detail the reasons behind their gains.

To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.

BP PLC (NYSE:BP)

BP PLC extended its winning streak for a third straight day on Monday, adding 3.77 percent to close at $29.18 apiece following reports that it is being targeted for acquisition by its rival, Shell PLC.

According to a report by Bloomberg, Shell is currently in talks with advisers to evaluate its potential acquisition of BP PLC (NYSE:BP). However, it remains on the lookout for whether prices of oil and its stock will decline before it officially decides whether it will pursue a bid.

For several years, the two companies were almost equal in size until Shell outgrew BP PLC (NYSE:BP) by almost twice.

“As we have said many times before, we are sharply focused on capturing the value in Shell through continuing to focus on performance, discipline, and simplification,” Bloomberg quoted a Shell representative as saying.

BP PLC (NYSE:BP) declined to comment on the reports.

Overall, BP ranks 9th on our list of Monday’s best performers. While we acknowledge the potential of BP as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than BP but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.