Oil in the US is north of $93/bbl and natural gas is north of $3.40. hard to see how BP doesn't make a pile of money at these prices. However, I took a big position when BP dropped to $40 a share. And, so far, it has not done as well as I thought. Still, I believe that $50 is not too far off.
I bought this back in July when it dipped below $55. It is now time to sell. I have bought and sold this for some time. It is very erractic. It will dip again. That will time to buy.