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BP p.l.c. (0M5M.L)

LSE - LSE Delayed price. Currency in EUR
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3.6171+3.6171 (-)
At close: 06:25PM BST

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  • r
    rob
    Reported: bp repurchased 438,606,198 ordinary shares in London
    during the time frame 8/2/22 thru 9/28/22
    Equivalent to 73,101,033 ADSs
    Approximately 2.30% of outstanding shares
  • C
    Carl
    http://the-alphatrader.com/ has done wonders for my portfolio! These guys really know what they are doing. Highly recommended for all traders.
  • r
    rob
    Reported: bp repurchased 451,687,357 ordinary shares in London
    during the time frame 8/2/22 thru 9/29/22
    Equivalent to 75,281,226 ADSs
    Approximately 2.37% of outstanding shares
  • r
    rob
    Jeff Currie on oil: https://youtu.be/nDHOkoTY7O0
    Jeff Currie, global head of commodities at Goldman Sachs, discusses the impact of the US dollar's rise on commodities markets, global oil production capacity...
    Jeff Currie, global head of commodities at Goldman Sachs, discusses the impact of the US dollar's rise on commodities markets, global oil production capacity...
    www.youtube.com
  • J
    Josh
    BP needs to stop the repurchases and hike it's dividend back to 7.50%. That's the only thing I think is going to stop this from going to $20
  • K
    Knife
    “OPEC and its allies are meeting on Oct. 5 with an output cut likely in reaction to falling oil prices.”
  • K
    Knife
    "Biden to oil industry: Don't raise prices as hurricane nears"

    Some headline, all they care about is politics and elections in times of devastation.
  • P
    Paul
    Bye now, sell at 30 . Keep on doing it seems like that's been the pattern for a year.
  • R
    Robert
    Once Rosneft is sold and the earnings come in at roughly $7 /share, BP will command a P/E of 6 and $42 is a layup.
    It's going to be 2023, but 60% gain in this economy will be worth the wait.
  • g
    garrett
    Oil was $83 a barrel in 2007, currently $83.50. What's all the hype about. Allowing for inflation oil should be $115-120.
  • E
    Edgar
    Hi, new here on the boards but been a holder of this dog for a long time. Did everyone get the dividend?
  • S
    Sally
    I would think that when the dollar weakens this will go up a lot.
  • S
    Sally
    BP is suffering from a horrible UK government. I'm not sure what to do.
  • S
    Schery
    The oil price will move up, once the US starts refilling the SPR. At the rate we are depleting it today, it will be gone in about 6 months. At that point, we will start pulling lots of oil from the market, in stead of moving oil into it. That will have a significant effect on price.
  • r
    rob
    I'm looking forward to bp's earnings release
    and share repurchase announcement. Bp's ADS
    price with a forward PE ratio around 4. Sanctions against
    Russian gas and oil to eventually take effect.
    Political U.S. SPR releases scheduled to end in October.
    China will eventually end its lockdown.
  • D
    Doug
    Consider this done. Saudi Arabia controls OPEC and Russia is key to keeping OPEC+ together.

    https://www.zerohedge.com/commodities/oil-surges-after-russia-proposes-1-million-barrel-opec-output-cut
  • K
    Knife
    Picked up a couple hundred $38-$42 strike call options Nov thru January.

    SPR blew it's load and needs to refill, Russia annexing and ramping up hostility, pipelines being sabotaged, awesome blowout earnings coming up, recent div bump, minor recession only, PE of 3-4, and continued major buybacks.
  • D
    Darren
    anything gonna stop the slide in oil price? the more they talk it up, the more i think its going to 70.