We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Bp Plc | BP. | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 4.00 | 0.83% | 487.00 | 16:35:24 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 488.25 | 483.60 | 489.05 | 487.00 | 483.00 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 28/5/2024 14:28 by institutional investments I have a feeling, some of the best long term investors in the world make x5 the standard, when they know what they are doingjust a feeling |
Posted at 24/5/2024 12:00 by institutional investments Note it real investors...this is the moment, BP reverts to 'usual' processesII |
Posted at 24/5/2024 11:59 by institutional investments Sector chartsi do note some think oilies investors think simply coming back to value, re oversold levels and so on Guys, look at the real data compared to past times, in the real instruments Its no recovery coming..all heading for sub prices, with crude only half ways to Bethlehem This is the moment......it all changes |
Posted at 23/5/2024 08:44 by wsm812 Contrary to your view hellscream, I believe investors will view this stock as a safe haven when a correction happens. Do you have a position in BP.? |
Posted at 21/5/2024 13:55 by institutional investments I think for the regulator to start truly protecting investors as is their main remit, shut down all uk forums and guru sites haha |
Posted at 20/5/2024 08:59 by vlad the impaler ITV, not investors. just a few point grab spot because they know the funds will stop selling there and take price up for better distribution again |
Posted at 20/3/2024 08:25 by zztop Almost all of BP's biggest shareholders are unhappy with its shift to green energy, an activist investor has claimed, amid a growing backlash over the oil giant's focus on net zero targets.Giuseppe Bivona, chief investment officer of Bluebell Capital, which has a minority stake in BP, said he had spent the past three weeks talking to many of the company's top 30 investors.He said: "With only the exception of one shareholder, I am still to find someone who supports BP in its entirety."Bluebell is spearheading a brewing investor revolt after sending a 30-page letter to the FTSE 100 company in January.In the letter it urged BP to halt investment in renewable energy schemes, prioritise oil and gas production, and rewrite net zero targets to clarify that they will be achieved "in line with society".BP has been under increasing pressure over net zero commitments that have allegedly left shareholders £40bn poorer.Mr Bivona said he plans to share negative feedback with BP on a no-name basis, which he said will "clearly expose them to the fact that many investors are sympathetic to what we are saying". https://www |
Posted at 20/2/2024 23:26 by pj84 An excerpt from the above Questor article: -".... While the company’s fourth-quarter profits were ahead of market forecasts, its announcement of a $1.75bn (£1.4bn) share buyback programme, to be completed before the release of its first-quarter results, appears to have resonated with investors. Furthermore, the company said it was committed to announcing a further $3.5bn in share buybacks for the first half of the current financial year as part of plans to return at least 80pc of surplus cash flow to shareholders. This could mean the repurchase of around $14bn of its shares in aggregate over the 2024 and 2025 financial years. In Questor’s view, BP’s ambitious share buyback plan is entirely logical because it offers excellent value for money. The company’s shares trade at just seven times forecast earnings, which grossly undervalues their long-term prospects even when compared with a dirt-cheap London stock market. And with net debt marginally declining to $20.9bn in the 2023 financial year, to give BP a net gearing ratio of just 25pc, it does not need to use any surplus cash to reduce leverage. Its improving financial position also means greater stability and therefore growing appeal for income investors. Dividends rose by 10pc year-on-year in the fourth quarter and were covered a healthy 2.4 times by earnings despite the fall in profits. The company’s shares now yield 4.8pc, against 3.9pc for the FTSE 100 index. ...." |
Posted at 13/12/2023 20:42 by pj84 "BPShares in BP (GB:BP) are trading at an even lower valuation than rival Shell, at just 6.5 times forecast earnings for the next 12 months. As with Shell, BP is focusing on maximising the cash flows from its existing 36 billion barrels of oil equivalent reserves and using the proceeds for dividends and buybacks. Some investors are concerned that BP’s push into greener investments such as biofuels, wind energy and electric vehicle charging stations will not be as profitable as investing in oil and gas. But top-performing fund manager Abishek Periwal, who holds the shares in his Goldman Sachs International Equity Income fund, believes the company has adopted a ‘proactive strategy in the energy transition theme’. ‘BP is pivoting from an international oil company to an integrated energy company, which has been, and we believe will continue to be, positive for its longer-term growth prospects,’ he said in his latest update to investors. BP’s top Elite Investors Elite Investor Fund Size in fund Rank in fund Steven Magill UBS UK Equity Income Fund 8.6% 1/36 Martin Walker Invesco UK Equity 6.8% 1/36 Ed Meier Jupiter UK Alpha Fund (IRL) 4.9% 3/31 Sources: Citywire / Morningstar, latest holdings data." |
Posted at 09/11/2023 18:26 by gwatson56 Questor note in the Daily Telegraph....For all the uncertainty over BP’s strategy, we can be confident that share price gains lie ahead Story by Robert Stephens • The future is perennially uncertain for every company. Even the most knowledgeable and experienced investors do not know what will ultimately happen to any company’s share price. Even if they argue otherwise. However, there are times where uncertainty is particularly heightened. Following our analysis of Shell on Tuesday and of Italy’s ENI on Monday, we conclude this week’s short series on oil companies with BP – a business that faces a hugely opaque outlook, largely as a result of its muddled strategy. In 2020 it announced ambitious plans to turn towards renewables in response to the world’s expected transition to net zero. However, it has since watered down those plans, thanks in part to an elevated oil price as well as an increasingly cautious industry consensus on how quickly net zero can happen and how profitable it can be. In addition, the company is without a permanent chief executive after Bernard Looney stood down in September. Until a new permanent boss is announced, which appears unlikely in the near term because of the abrupt nature of Looney’s resignation, the future direction of the business seems likely to remain unresolved. Ultimately, though, fossil fuels are widely expected to remain a key part of the world’s energy mix for decades to come. They are therefore likely to deliver high levels of profits and cash flow for energy businesses over the coming years. At the same time, renewables are arguably most accurately described as a potential long-term growth opportunity that does not appear to offer high returns in the short run. Despite its lack of a clear strategy, BP’s shares have been extremely strong since we tipped them in August 2021. They have soared by 61pc and in doing so have trounced the FTSE 100 index’s paltry 4pc rise over the same period. Their prospects are aided by a continued low valuation: they trade at about seven times forecast earnings, which suggests a wide margin of safety. In Questor’s view, this bargain valuation is key to their investment appeal during a highly uncertain period for the business; even though BP’s strategy is likely to be confirmed only once a new management team is in place, its share price fully factors this in. The share price also more than adequately compensates investors for an uncertain outlook for the global economy, whose rate of growth is expected to fall from 3.5pc last year to 3pc this year and 2.9pc in 2024. And, because the full impact of rapid rises in interest rate has yet to be felt owing to the existence of time lags, the prospects for oil and gas prices are highly uncertain. However, if we assume that interest rates will fall over the next two years as the era of rampant inflation comes to an end, the outlook for the world economy is extremely likely to improve. There are also geopolitical risks that could support fossil fuel prices and BP’s performance over the coming years. The company’s market value has declined following the recent release of its third-quarter results. Its shares have fallen by 13pc over the past three weeks and could prove volatile over the short run. Although the company reported growth in underlying profits of 27pc compared with the previous quarter, they were 60pc lower than in the same period last year. This was largely due to weak results from gas marketing and trading, which more than offset buoyant refining margins and a strong result from oil trading. The third-quarter dividend was held at around 6p a share, which means the stock currently yields around 5pc on an annualised basis. The company also announced a further $1.5bn (£1.22bn) repurchase of its own shares, which is underpinned by continued robust cash flow generation, while net debt fell by nearly 6pc relative to the previous quarter. As a result the company has a relatively modest net gearing ratio of 26pc. As ever, Questor believes that the best time to buy any high-quality stock is when its market valuation reflects elevated near-term uncertainty. On that basis, BP remains a buy. Its wide margin of safety, solid fundamentals and a growing realisation among investors that fossil fuels can provide generous returns for many years to come mean that further capital gains are ahead. Questor says: buy Ticker: BP Share price at close: 481.05p |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
