Advertisement
Advertisement
U.S. markets open in 2 hours 53 minutes
Advertisement
Advertisement
Advertisement
Advertisement

BP p.l.c. (BP)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
31.40+1.42 (+4.74%)
At close: 04:00PM EST
31.85 +0.45 (+1.43%)
Pre-Market: 06:19AM EST
Advertisement
Sign in to post a message.
  • G
    Garrett
    Today's move by BP was very good news indeed. The previous time BP hit $30, the share price went into correction mode that lasted for months. In contrast, after a big run up to start the year, the correction lasted just a few trading sessions. Fortunately, I added to my position on Mon. when the stock hit $29. Barring a sharp drop in oil prices or stock mkt collapse, BP is moving higher. Earnings report on Feb. 8 should also help the stock. I'm expecting a big share repurchase announcement PLUS a dividend increase.
  • r
    rob
    Reported: bp repurchased 63,720,029 ordinary shares in London
    during the time frame 1/10/22 thru 1/25/22.
    Equivalent to 10,620,005 ADRs
    Approximately 0.32% of outstanding shares
  • r
    rob
    Rosneft represented only around 10% of earnings in 2018.
    If Russia invades Ukraine, expect Brent oil to surge above $100 which
    should more than offset Rosneft 10% contribution.
  • b
    bhavesh
    like i said yesterday bp should go up because RSI AND MACD indicator shows uptrend.stock resistance was at 28.91
    Bullish
  • r
    rob
    Reported: bp repurchased 58,020,029 ordinary shares in London
    during the time frame 1/10/22 thru 1/24/22.
    Equivalent to 9,670,005 ADRs
    Approximately 0.29% of outstanding shares
  • J
    Josh
    Rosneft, Will be the first Company that will be sanctioned by the US and UK Governments. BP will have to divest it's 19% stake at a cost of $30 Billion easily. The First Step in Ukraine and BP Stock is at $14
  • r
    rob
    Algos AI software robots giving the shares
    to bp. bp will take the shares. Bring it on !
  • D
    Doug
    This article demonstrates two things. One, not enough new oil reserves are being discovered, which will lead to further oil scarcity and higher prices. Two, when it comes to discoveries last year, BP and Rosneft led the way

    The future will be extremely lucrative for BP shareholders in 2022. GLTA.

    https://oilprice.com/Latest-Energy-News/World-News/BP-Rosneft-Were-Only-Firms-With-Over-1-Billion-Barrel-Oil-Finds-In-2021.amp.html
    BP and Rosneft were the only companies to have delivered over 1 billion barrels of oil equivalent in discoveries last year
    BP and Rosneft were the only companies to have delivered over 1 billion barrels of oil equivalent in discoveries last year
    oilprice.com
    Bullish
  • r
    rob
    Reported: bp repurchased 46,670,029 ordinary shares in London
    during the time frame 1/10/22 thru 1/20/22.
    Equivalent to 7,778,338 ADRs
    Approximately 0.24% of outstanding shares
  • w
    will
    Goldman Sachs increases price target to $50 fr $45
  • r
    rob
    Analysts continue to increase earnings estimates for bp
    $4.39 for 2022. Probably too low based on Brent oil
    in the 80's.
  • r
    rob
    After studying the trading pattern of bp in the U.S. and London.,
    I suspect there is a lot of Algos AI software trading bp technically
    with no thought to fundamentals. That's why Brent oil price can be
    up sharply and bp lower.

    I'm a pre-pandemic multiyear investor in bp at a higher price looking
    long term. Why ? I expect average Brent oil price to be higher for longer.
    bp is an oil & gas company now.
  • G
    Garrett
    Reuters published an excellent article last Friday about the profitability of BP's charging stations compared to conventional gas stations. I believe BP's very large downstream business (BP, ARAL, ARCO, AM/PM, etc.) will pay big rewards in the coming years. BP can convert these stations to dual purpose, and nearly all of them have attached stores/cafes where customers can shop while they wait. The profit margin on the store merchandise is FIVE times that of a gallon of gas. See below for article. Hopefully, yahoo will not delete link.

    For BP, car chargers to overtake pumps in profitability race
    https://www.reuters.com/business/energy/bp-car-chargers-overtake-pumps-profitability-race-2022-01-14/

    For BP, car chargers to overtake pumps in profitability race
    BP says its fast electric vehicle chargers are on the cusp of becoming more profitable than filling up a petrol car.
    BP says its fast electric vehicle chargers are on the cusp of becoming more profitable than filling up a petrol car.
    www.reuters.com
  • r
    rob
    Reported: Analysts forecast Brent oil above $100 if
    Russia invades Ukraine.
  • L
    Lean Government
    BP and RDS-B announced investment of wind mills today and here goes the share price.
  • D
    Doug
    Funny how I linked an article saying JP Morgan modeled $150 oil if Russian invaded Ukraine. It disappeared almost immediately.

    The same thing happened to me a week ago. In that case I was logged off and couldn’t get back on. I had to create a new email.

    Both articles were from Zerohedge and I suspect that’s the problem. Zerohedge can get political and certainly upset those who are woke, but neither article was political.

    Anyway, he’s the same information from Bloomberg. Hopefully Bloomberg doesn’t upset Yahoo moderators.

    https://www.bloomberg.com/news/articles/2022-01-21/jpmorgan-war-games-economic-damage-of-a-150-oil-surge-scenario
    Bullish
  • r
    rob
    Update: According to 6 analysts: 2022 average earnings estimates
    $4.54 high $5.14 low $4.14
  • r
    rob
    Reported: bp repurchased 35,820,029 ordinary shares in London
    during the time frame 1/10/22 thru 1/18/22.
    Equivalent to 5,970,005 ADRs
    Approximately 0.18% of outstanding shares
  • r
    rob
    Reported: bp repurchased 41,170,029 ordinary shares in London
    during the time frame 1/10/22 thru 1/19/22.
    Equivalent to 6,861,672 ADRs
    Approximately 0.21% of outstanding shares
  • D
    Doug
    As a BP shareholder I never thought I’d like to see crude oil prices pause for a few months but I am. Imo shareholders would be best served to see oil prices become boring right were it is now, with Brent at $84-$86 handles for the next few months. A gradual rise into the $90’s starting in April-May would then be perfect.

    Big moves now will only add to volatility later. I think BP shareholders would benefit from a pause and consolidation. And BP is absolutely printing money with oil and natural gas at current prices.

    Regardless, 2022 is going to be a great year for BP. There are just so many tailwinds for BP that will benefit shareholders. GLTA.
    Bullish
Advertisement
Advertisement