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

LSE - LSE Delayed price. Currency in GBp
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385.45-7.05 (-1.80%)
At close: 05:10PM GMT
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  • r
    rocco
    Based on their trading condition report....oil net should have impoved about about 670 million and nat gas about 100 million ..not including their trading unit at the very high prices ...refiner margings could add another 650-670 million ..bottom line earnings could be 1.3-1.4 per share this past closed quarter ...and with oil and gas this high this quarter will be even better ...
  • r
    rob
    Reported: bp repurchased 74,320,029 ordinary shares in London
    during the time frame 1/10/22 thru 1/27/22.
    Equivalent to 12,386,672 ADRs
    Approximately 0.38% of outstanding shares
  • G
    Garrett
    Today's move by BP was very good news indeed. The previous time BP hit $30, the share price went into correction mode that lasted for months. In contrast, after a big run up to start the year, the correction lasted just a few trading sessions. Fortunately, I added to my position on Mon. when the stock hit $29. Barring a sharp drop in oil prices or stock mkt collapse, BP is moving higher. Earnings report on Feb. 8 should also help the stock. I'm expecting a big share repurchase announcement PLUS a dividend increase.
  • r
    rob
    Reported: bp repurchased 79,520,029 ordinary shares in London
    during the time frame 1/10/22 thru 1/28/22.
    Equivalent to 13,253,338 ADRs
    Approximately 0.40% of outstanding shares
  • D
    Doug
    Any doubt BP reaches new highs soon? None with me.

    I mentioned a few weeks ago once BP establishes itself above $30 that there is little resistance to $34. I still see this. GLTA.
  • a
    ac
    I agree we are on our way to $35 at earnings, but I'm worried everyone is pricing in a dividend increase, and if they don't do that, we do have some downside risk. Fingers crossed, would be thrilled to hit $40 and perhaps this would then offset all my losses on DKNG
  • r
    rocco
    CVX 255 BILLION market cap...BP about 100 BILLION...BP has about 100 billion more in revenue and far more ebita ...as soon as they pay down debt their market cap should more toward CVX rapidly .....in basic terms the upside could be 1.5xs the current stock price or close to 70... it appears that BP could eclipse 5$ eps in 2022 ..with high estimates at over 6$
  • j
    joseph
    Brent at $90 people!! Fast approaching $100… we want our DIVIDEND back!!
  • r
    rob
    Reported: bp repurchased 63,720,029 ordinary shares in London
    during the time frame 1/10/22 thru 1/25/22.
    Equivalent to 10,620,005 ADRs
    Approximately 0.32% of outstanding shares
  • B
    Bob Meager
    Is this ever going to get back in the 40's?
  • r
    rob
    Rosneft represented only around 10% of earnings in 2018.
    If Russia invades Ukraine, expect Brent oil to surge above $100 which
    should more than offset Rosneft 10% contribution.
  • r
    rob
    Reported: bp repurchased 58,020,029 ordinary shares in London
    during the time frame 1/10/22 thru 1/24/22.
    Equivalent to 9,670,005 ADRs
    Approximately 0.29% of outstanding shares
  • D
    Doug
    This article demonstrates two things. One, not enough new oil reserves are being discovered, which will lead to further oil scarcity and higher prices. Two, when it comes to discoveries last year, BP and Rosneft led the way

    The future will be extremely lucrative for BP shareholders in 2022. GLTA.

    https://oilprice.com/Latest-Energy-News/World-News/BP-Rosneft-Were-Only-Firms-With-Over-1-Billion-Barrel-Oil-Finds-In-2021.amp.html
    BP and Rosneft were the only companies to have delivered over 1 billion barrels of oil equivalent in discoveries last year
    BP and Rosneft were the only companies to have delivered over 1 billion barrels of oil equivalent in discoveries last year
    oilprice.com
  • r
    rob
    Algos AI software robots giving the shares
    to bp. bp will take the shares. Bring it on !
  • r
    rob
    bp would need to trade around $43.00 to catch XOM
    and still trade at an historical discounted PE ratio of 2.5 points
    below XOM based on 2022 average analysts earnings estimates.
    I believe there should be parity in the PE ratio because BP
    is in a better financial position worthy of a credit rating upgrade.
  • G
    Garrett
    Looks like there's strong upper price resistance at $32. Could not breach $32.15 in multiple trading sessions. It will likely take a very good earnings report and/or dividend increase to get over that hump.
  • b
    bhavesh
    like i said yesterday bp should go up because RSI AND MACD indicator shows uptrend.stock resistance was at 28.91
  • J
    Josh
    Rosneft, Will be the first Company that will be sanctioned by the US and UK Governments. BP will have to divest it's 19% stake at a cost of $30 Billion easily. The First Step in Ukraine and BP Stock is at $14
  • R
    Ross
    Jezz, it doesn't even move with oil prices unless they go down. Some kind of rigger carnival scam.
  • r
    rob
    Reported: bp repurchased 69,120,029 ordinary shares in London
    during the time frame 1/10/22 thru 1/26/22.
    Equivalent to 11,520,005 ADRs
    Approximately 0.35% of outstanding shares