If bp tracked XOM plus bp's share buybacks, bp should trade in the mid 50's. Remember, bp's Rosneft position should exist for tax purposes.
r
Reported: bp repurchased 109,231,731 ordinary shares in London during the time frame 5/3/22 thru 5/16/22. Equivalent to 18,205,289 ADRs Approximately 0.56% of outstanding shares
D
Brent is almost at the midpoint of the sweet spot for Brent prices in my opinion of $105–$125 per barrel. A little retracement in the price of Brent is likely, but the risk is more likely of Brent prices going well over $125 this summer. My concern with prices that high is too much demand destruction and possible damage to the overall economy.
With Brent prices at $105-$125 per barrel BP will certainly earn $8+ per share in 2022. Assign a typical PE ratio to $8+ per share earnings and you see the value and potential of BP shares. GLTA.
C
If this is red tomorrow ill buy 26k worth in hopes of making back all the money I lost trusting Musk. Can we realistically see 40 dollars this year guys? I think so.
L
https://www.yahoo.com/finance/news/soaring-oil-gas-prices-help-144941528.html Soaring oil and gas prices help Russia more than triple its current account surplus to $96 billion, its largest in 28 years. Does that include BP's share of Rosneft income? Shouldn't BP's share value reflect the net yet transferred- triple income from Rosneft. Or BP is going to donate it to Russia and hated by Ukraine?
R
BP has to start paying dividends big-time I live on dividends not by Beck 👍
r
Bp forecasted a normal effective tax rate. Therefore, bp's Rosneft position with a current MOEX value around $12.6 billion should exist for tax purposes.
J
Okay honest question. I know we have exposure to Russia and took a big hit with that. But earnings was good. The company is strong. Still a good dividend. And oil prices are above $100. Why is the share price still so sluggish to move? Any insight is greatly appreciated.
G
The BP expert is wrong again. Ten days ago, he predicted that post earnings, BP would achieve a bigger jump in its share price compared to its peers. Unsurprisingly, he was WRONG again. Since the release of their respective Q1 earnings, BP has risen 5.6% while TTE has risen 9.8% -- an outperformance of 75% (!) by the latter company. I hope other BP shareholders followed my recommendation in late Feb. to buy TTE which is the most undervalued and best-positioned of all the Euro oil majors. TTE is up 14% since I purchased the stock less than 2 1/2 months ago.
R
U.S. holder of BP common shares here. Why is BP severely underperforming in comparison to U.S. peers XOM, CVX and COP? BP appears to be in a great position geographically and by other measures. Thank you.
r
I've been holding bp for years and may never sell. Why ? I don't expect bp to become overvalued. The fantasy of controlling climate change won't happen. China, India and Russia won't sacrifice their economies for climate change.
D
This article builds off the CNBC video rob linked over the weekend. BP is perfectly positioned. It’s a beautiful thing. 😂
BP share price has lost nearly all the temporary gains from the earnings release. Once again, the BP expert has been proven wrong. Despite earnings, a dividend pymt and announcement of $2.5 billion in add'l share repurchase, the stock is right back down to where it's been mired for three months.
D
most of the green super projects, dont start up till 2028... nuclear plants will take 10+ years to build.. wake up greens.
r
Bp's growth will be in biofuels, hydrogen fuels, carbon capture, EV charging.... and new technologies which are being discovered.
r
Bp is on track to repurchase around $10 billion of its outstanding ordinary shares in London for 2022 assuming average Brent oil price above $102. Pick an average repurchase price and do the math. Total outstanding shares in ADRs around 3.24 billion shares can can be used as the denominator to calculate percentage of repurchased outstanding shares.
a
The stock buy-backs are nice and all, but I still wish they upped the dividend a bit, even if they were too fearful or future oil prices to bring it back to the old level. The market Prices in the dividend increase a lot faster than buy-backs. I think that this continues to lag after strong earnings, and the buyback announcement continues to confirm this. I do think at some point it could catch up and make a great run, but if they announced a higher dividend it gets priced in near immediately. Something like that would get us closer to $35 than these buybacks alone.
S
Crash is coming......i'm all cash now!! Stock market news live updates: Stocks trade mixed after China data disappoints
r
Bp is part of the FTSE 100 index which is in the doghouse. Institutions and employee share plan own around 71% of bp's ordinary shares in London last reported.
Z
For all of you here for the dividend let me give you little lesson. If you sold it yesterday like I did at $31 and buy it today at $29.70 your dividend would be $1.30 per share not .3276 just so you know for the next time.
Remember, bp's Rosneft position should exist for tax purposes.
during the time frame 5/3/22 thru 5/16/22.
Equivalent to 18,205,289 ADRs
Approximately 0.56% of outstanding shares
With Brent prices at $105-$125 per barrel BP will certainly earn $8+ per share in 2022. Assign a typical PE ratio to $8+ per share earnings and you see the value and potential of BP shares. GLTA.
Soaring oil and gas prices help Russia more than triple its current account surplus to $96 billion, its largest in 28 years. Does that include BP's share of Rosneft income? Shouldn't BP's share value reflect the net yet transferred- triple income from Rosneft. Or BP is going to donate it to Russia and hated by Ukraine?
position with a current MOEX value around $12.6 billion should
exist for tax purposes.
Why ? I don't expect bp to become overvalued.
The fantasy of controlling climate change won't happen.
China, India and Russia won't sacrifice their economies for
climate change.
https://www.zerohedge.com/commodities/gas-prices-hit-new-record-amid-refinery-bottlenecks-and-tight-supplies
new technologies which are being discovered.
in London for 2022 assuming average Brent oil price above $102. Pick an
average repurchase price and do the math. Total outstanding shares in ADRs around 3.24 billion shares can
can be used as the denominator to calculate percentage of repurchased outstanding shares.
Institutions and employee share plan own around 71%
of bp's ordinary shares in London last reported.