BP plc Message Board
-
Is BP a buy right now?
Looking at $39.25 possibly whats the board think?
-
I have noticed that the price of BP is getting closer and closer to the price of Shell. If it should happen that for a couple hours, the prices are about the same, do people think it would be a good idea to sell BP and buy RDS.A instead? Since this could actually happen in the near future, I would appreciate some comments. Thanks, Arthur
-
Roadmap, I'm hearing TC has about 110 folks retiring this upcoming quarter and Whiting has around 90-95. That is just this upcoming quarter. My big gripe with BP is that it should value it's employees and place them on a pedestal. They are losing hundreds of years of experience with those numbers! It's a shame that all the talent is going by the wayside. I have heard plant managers say, we aren't bringing back as contractors either! Why in pete's sake would you not bring back folks who are experienced and know quite a few of the shortcuts. I see alot of the wheel being invented at those two sites. That can only lead to bad things.
-
if my April 40 Calls expire today i'm going to write them again around the May 41 or 42's. 1 year target for me is $60.00 b/c i feel the yield should be around 5.5% to 6%
-
What bothers a lot of salary folks in the US is the fact that our salaries are frozen and the hourly just got a 3% raise for the next three years PLUS a $2,500 bonus. In addition, if they work overtime, they get time and a half, double time for Sunday. If we have to come out on our day off, we get nothing. I'm seeing more and more folks taking retirement and more folks looking at their "numbers". Oh well, like my boss says "We're lucky to have a job". Lucky?
-
winner, this one is terrible.
- 1 Reply to uhenvco1
-
this is a question of timing and if they'll maintain the divvy. right now BP is trading low (~$40) due to divvy issue alone. but in the short term people will have no problem paying $2.50 per gallon by the summer (now $2.00 in my city)--that's a 25% increase. long term, oil should pick up to at least $60 per barrel, which will allow us to have a strong earnings outlook and maintenance of the divvy long term.
As for now, BP will do everything in their power to maintain divvy (including selling assets). if you buy at $39, that's about 8.9% return-unbeatable. if, in the off chance, they cut the divvy, then the stock should actually go up a little.
-
IMO it is a good buy. What I like about it is they are nicely diversified in Nat Gas and a toe in the water of renewables (like solar).
For short-term trading, I would look elsewhere. For a long term investment, I think it is ideal. I have a small position in my Roth IRA and I want to add more after the next earnings report.- 1 Reply to CorporateRobot
-
Can I get a link on that info?
-
ST - no
LT hold - nibble... -
BP has to prove that it has righted the ship. So far there are no signs of that whatsoever. The stock is the same price it was 15 years ago! Now you can answer your own question. Is it a stock to buy. I wouldn't touch it til it broke out above $48/share. By the way that ain't gonna happen until XOM decides to right the ship for BP!.
- 5 Replies to pipelinewave
-
"The stock is the same price it was 15 years ago!"
Wrong! There have been two stock splits in the intervening 15 years. Fifteen years ago (1994) the adjusted price basis was about $9.
s=BP#chart1:symbol=bp;range=my;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined -
what a complete nonsense
eo -
Why wait for $48 when you can buy it for $38, and collect the nice and safe dividend in the meanwhile?
BTW, BP is righting the ship. Things have been improving with the new management. And BP has one of the best reserve replacement rates of the major integrateds. -
It's a great buy. Where else are you going to invest your money right now? Cash? At less than 1% interest rates, when BP's paying an 8.5% dividend? Oil will be heading up again later this year and will hit $200 in the next three years. Here's a good article:
http://seekingalpha.com/article/130143-200-oil-is-coming-while-we-waste-a-perfectly-good-crisis-part-1?source=article_sb_popular -
Your message is full of incorrect facts. Jan 2003 was the last time BP was at these levels.
-
It's a buy under $40 and a strong buy under $36
- 1 Reply to WOODSTOCK9599
-
If you believe that oil has some demand in CHINA/INDIA/RUSIA, and that the new Middle class in those countries want cars, heat on demand and a/c...then oil is a buy.
In other words, do you think its the 1940's in Asia?
And do you wish you had seen that opportunity in the USA?
-
volume for BP is now higher than CVX or COP and BP just turned green...
- View More Messages
-