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
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
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
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
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
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 $40 and perhaps this would then offset all my losses on DKNG
r
CVX 255 BILLION market cap...BP about 100 BILLION...BP has about 100 billion more in revenue and far more ebita ...as soon as they pay down debt their market cap should more toward CVX rapidly .....in basic terms the upside could be 1.5xs the current stock price or close to 70... it appears that BP could eclipse 5$ eps in 2022 ..with high estimates at over 6$
j
Brent at $90 people!! Fast approaching $100… we want our DIVIDEND back!!
r
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
Is this ever going to get back in the 40's?
r
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
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
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.
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
Algos AI software robots giving the shares to bp. bp will take the shares. Bring it on !
r
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
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
like i said yesterday bp should go up because RSI AND MACD indicator shows uptrend.stock resistance was at 28.91
J
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
Jezz, it doesn't even move with oil prices unless they go down. Some kind of rigger carnival scam.
r
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
during the time frame 1/10/22 thru 1/27/22.
Equivalent to 12,386,672 ADRs
Approximately 0.38% of outstanding shares
during the time frame 1/10/22 thru 1/28/22.
Equivalent to 13,253,338 ADRs
Approximately 0.40% of outstanding shares
I mentioned a few weeks ago once BP establishes itself above $30 that there is little resistance to $34. I still see this. GLTA.
during the time frame 1/10/22 thru 1/25/22.
Equivalent to 10,620,005 ADRs
Approximately 0.32% of outstanding shares
If Russia invades Ukraine, expect Brent oil to surge above $100 which
should more than offset Rosneft 10% contribution.
during the time frame 1/10/22 thru 1/24/22.
Equivalent to 9,670,005 ADRs
Approximately 0.29% of outstanding shares
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
to bp. bp will take the shares. Bring it on !
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.
during the time frame 1/10/22 thru 1/26/22.
Equivalent to 11,520,005 ADRs
Approximately 0.35% of outstanding shares