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BP p.l.c. (BP)

NYSE - Nasdaq Real-time price. Currency in USD
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29.28+0.58 (+2.02%)
As of 09:43AM EDT. Market open.
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  • r
    rob
    Reported: bp repurchased 354,621,715 ordinary shares in London
    during the time frame 5/3/22 thru 6/27/22.
    Equivalent to 59,103,619 ADRs
    Approximately 1.82% of outstanding shares
  • a
    ac
    I do think this one is overdue for a run, just needs a BP specific catalyst. Stock is low enough they are over a 4% dividend yield, and they are buying back over 2% outstanding shares per quarter, so that's a theoretical yield of 12% annually. This doesn't even account (directly) the $100+ oil prices and their retirement of a lot of debt. It may need the dividend increase to get this jumpstarted, but I do think it could make a run to $40 without too much happening. Just taking much longer than I would have thought/hoped
  • S
    StevenR
    The yield is 4.79% but the ADR fee is 1.53% which makes the actual yield 3.26%. Is there any way to get a lower ADR fee?
  • R
    R Mond
    BP selling stocks or buying. We need our dividend back 👍
  • r
    rob
    Doug - I will continue to post buybacks at least once a week.
  • r
    rob
    Reported: bp repurchased 345,121,715 ordinary shares in London
    during the time frame 5/3/22 thru 6/24/22.
    Equivalent to 57,520,286 ADRs
    Approximately 1.77% of outstanding shares
  • M
    Mike
    BP is projected to earn more than double what they made a year ago, yet the stock price is the same as what it was a year ago.
  • P
    Paul
    It is come to my attention that Europe is going back to Coal Fire plant. That worked out well didn't it. So is there ESG score going to go down? This just keeps on getting better and better.
  • r
    rob
    $90 Billion cap, Net debt $27 billion reported on 3/31/22.
    Net debt should continue to drop by billions quarterly.
  • D
    Darren
    average pay raises of 7% in the uk. so 10% dividend increase at the smallest?
  • D
    Doug
    Looks like EVs need continued subsidies to sell even in China. Nothing beats the internal combustion engine when it comes to affordability and reliability. This isn’t going to change. GLTA.

    https://www.zerohedge.com/markets/china-may-extend-tax-exemptions-evs-sales-dwindle
    The government is reportedly considering extending exemptions by roughly 200 billion yuan ($30 billion).
    The government is reportedly considering extending exemptions by roughly 200 billion yuan ($30 billion).
    www.zerohedge.com
  • r
    rob
    Per Reuters: Russia is top oil supplier to China.
  • G
    Garrett
    Despite the fact that BP shares have been vastly outperformed by XOM & CVX, BP stock price actually fell more sharply today than the two big US oil majors. So BP lags dramatically on the upside but gets nailed harder on the downside.
  • r
    rob
    Reported: bp repurchased 307,121,715 ordinary shares in London
    during the time frame 5/3/22 thru 6/20/22.
    Equivalent to 51,186,953 ADRs
    Approximately 1.57% of outstanding shares
  • K
    Kyle
    So what's the plan now doug?
    You getting off this boat as well?
  • D
    Doug
    Hopefully people took the opportunity to buy more shares late last week, particularly Friday, as part of a dollar-cost-averaging strategy. Today looks to be a very strong day as at this moment BP is higher by more than 5% in US pre-market. And keep perspective as BP is slightly up YTD while the Nasdaq and S&P are in bear markets. BP will continue to greatly outperform the markets in 2022.

    Oil companies have tremendous tailwinds. And BP stock, with a forward PE ratio less than 4 (perhaps close to 3), offers the greatest value of all of Big Oil stocks. Plus, BP is buying back stock currently at around a 12% rate annually. GLTA.
  • D
    Doug
    I can’t wait to use my dividend tomorrow to buy BP at these prices.
  • r
    rob
    Bp's 22.03% position in Rosneft valued around $14.5 billion on the MOEX.
  • r
    rob
    Per FOX news: From Brandon's climate czar Kerry:
    Climate czar Kerry ripped over energy claim: 'We absolutely don't' need to drill for more oil