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BP p.l.c. (BP-A.L)

LSE - LSE Delayed price. Currency in GBp
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165.500.00 (0.00%)
At close: 3:53PM BST
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  • r
    rob
    Reported: bp repurchased 300,718,985 ordinary shares in London
    during the time frame 8/3/21 thru 10/26/21.

    Approximately 1.49% of outstanding shares.
  • J
    James
    Yahoo has a story reporting that BP's trading operations made at least $500 million in the third quarter.
  • J
    J
    Why can't this stock get above $30. Oil about to hit $90, Though BP is priced like it $50
  • r
    rocco
    Rosneft is worth about 100 billion and they own over 20%...SUM OF THE PARTS...the largest stakeholders will unlock value here....their pe projections after earnings could be 5....when it should be 12-15...funds need % gains at at 30 ...not too hard to get 40% or more when their pe is this low...
  • u
    unlucky
    IF I sell...BP will skyrocket !
  • S
    Sam
    BP, being as conservative as can be, will break $30 in the next week and be at $40 by January.
  • b
    bert
    MTDR reported to increase dividend 100%.
    Wake up BP!
  • L
    Liverdie
    terrible stock. is this a oil stock or renewable? if oil goes up BP just slightly goes up. if renewable go up BP doesn't!
  • J
    Jade
    Why is the share price falling?
  • r
    rocco
    If you look at the trading condtions report you can see at these levels that they are earning amortized about 4 billion more per year over the last quarter...bottom line analysts had eps for the pegged at close to 3.5 before the current quarter results...if levels stay close to this their eps for the year could be close to 5$...putting their pe below 5...look at their peers and you can easily see that most are 12-15 ..in basica terms this should be trading much much higher...the largest stakeholders know this and they will take the actions needed to make sure that their interests are served and in turn ours ...their 20% interest in rosneft alone has gone up billions.......possible outcomes ...raised dividend....spin of divisions..ie alternatives...the sum of the parts here is insane ....with all their alternative intiatiatives and the market values of them alone this company could be worth 50-60 as the sum of the parts...look at itty bitty plug power worth 22 billlion on less than a billion in sales
  • r
    rob
    Reported: bp repurchased 295,218,985 ordinary shares in London
    during the time frame 8/3/21 thru 10/25/21.

    Approximately 1.46% of outstanding shares.
  • r
    rob
    Reported: bp repurchased 289,718,985 ordinary shares in London
    during the time frame 8/3/21 thru 10/22/21.

    Approximately 1.43% of outstanding shares.
  • G
    GoodSkill
    According to the U.S. Energy Information Administration, WTI crude prices averaged $72.49 in July, $67.73 in August, and $71.65 in September this year compared to $40.71, $42.34, and $39.63 in the months of July, August, and September of 2020, respectively.

    The natural gas front has been even more impressive: In Q3 of 2020, U.S. Henry Hub average natural gas prices were $3,84, $4.07, and $5.16 per MMBtu, in July, August, and September 2021 compared to $1.77 per MMBtu, $2.30, and $1.92 in July, August and September 2020, respectively.
  • S
    SeanE
    If you look at total returns you see the dividend only companies lag the market. Companies doing with large buyback programs have a 2% higher return than those without. Each share removed is a share they don't have to pay a dividend and that really helps the bottom line over time and means a higher stock price and dividends in the future.
  • r
    rob
    My guess is bp should be able to reload its
    buyback plan on 11/2/21 with at least $1.75 billion
    assuming bp follows its own guidance.
    assuming bp follows its guidance.
  • g
    gregor
    I'm thinking to add before earnings. with oil over $80 they will make beaucoup bucks
  • K
    Kent
    I would think the earnings report would be solid. Is it likely they would raise the dividend?
  • A
    Ales Marek
    Gas went from 1.90 year ago to 3.30 today. BP has money printing press at home. I feel slightly better when I have to pay 3.30.
  • S
    SeanE
    I think total energy sales (GW/h) is the way to play this sector now. How many GW of equivalent energy does a company sell. BTW - 1 BOE equals 588 GW/hr.
    To properly price a company, you have to ask how many GW/h does it sell. You can't just hope for a continuation of the status quo when so many are racing to build EV's and electrify the world. So the future is all about the companies that maximize their GW/h sales. Whether that's from Oil, Gas, Solar, Wind etc.... is only important so that they have a good mix to smooth over dips in pricing and keep regulators away.
    I like BP because it's like combining NextEra with Exxon. Total market cap of those two is $450B. Yet in 5 years BP will have revenue greater than those two have today (their combined rev is $230B). BP, which this year will have revenue over $200B, is becoming an Oil/Gas with a free Alt-E utility connected to it. What's missed by the street is how being a global utility will give them earnings stability during oil price downturns. All those EV's are going to need power and they pay through the nose on the spot market to get it.
    You want a mix of different energy and the maximum GW/h of output. It may be difficult to hear this, but eventually all the analysts will start talking about total energy sales and not just oil/gas. The company that has a nice mix will get the premium because of reduced risk of regulations and commodity price fluctuations.
    I think European energy companies have an advantage here because they already started a few years ago.
    Whether I like it or not, my children are obsessed with climate change and it's only a matter of time before we old non-believers die off and strict regulations become a reality. With something that takes years to create and invest in, you can't wait for D-day.
  • t
    too good
    hope it holds $30...for 2 days. Then im buying more