Sun, Dec 28, 2014, 9:43 AM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

BP p.l.c. Message Board

stoolpie 4 posts  |  Last Activity: Oct 28, 2014 5:21 PM Member since: Jul 14, 2000
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Screaming sell

    by mwbessler Oct 24, 2014 10:47 AM
    stoolpie stoolpie Oct 28, 2014 5:21 PM Flag

    OK. It's 10/28 and I'm looking at it - up 2+% at the moment after a dividend increase announcement and a quarterly report that beat expectations. You are so brilliant!

  • Reply to

    Screaming sell

    by mwbessler Oct 24, 2014 10:47 AM
    stoolpie stoolpie Oct 25, 2014 6:33 PM Flag

    Congratulations on joining the "elite three club", bessler. That would be the three posters who's analyses are so full of flaws and just plain wrong information that they are only good for a laugh - so idiotic they don't warrant reply. We have seen plenty of doorknobs spewing here, but you are the equivalent of an entire bag full. Lurk away elsewhere.

  • Reply to

    Let's be honest

    by tnorman61 Oct 1, 2014 7:06 PM
    stoolpie stoolpie Oct 5, 2014 9:35 AM Flag

    dduck - no - by far their most lucrative assets are the oil fields (production), not the refineries or other operations. Old refineries are liabilities which become more risky as time passes, and their profitability waxes and wanes. The fields they sold were generally older ones entering production decline. You don't hang on to weak assets - you go out and find strong ones, and that' what BP is doing - quite well, I would add, considering their crude replacement figures over the last ten years.

    I would suggest that BP would have likely sold at least half the assets they have "shed" even if the spill had not occurred. They had already sold a couple of refineries prior to the spill and they are constantly evaluating the profitability of all assets. You seem to lack an understanding of why BP stock has been where it's been for the last 4.5 years. These circumstances have not called for "business as usual". If you want capital gains, either be patient or invest elsewhere; a majority of BP stockholders are quite in favor of the divi.

  • Reply to

    Let's be honest

    by tnorman61 Oct 1, 2014 7:06 PM
    stoolpie stoolpie Oct 2, 2014 9:24 AM Flag

    Oil at $90 is still easily enough to make plenty of profits from. Stopping the divi would be about the dumbest thing BP could do. Companies such as BP are always "shedding assets" in order to maximize return, and BP has detailed their growth plan quite well.

BP
38.98+0.03(+0.08%)Dec 26 4:01 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.