Bp Share Discussion Threads

[waldron] 28/1/2018 12:18

cheers ian

i still believe there will be an impact on other shares in the world market due
to the liquidity factor and whether if successful entice greedy others to float

its not just about aramco



enjoy your day and coming week

[hellscream] 27/1/2018 04:59

nice week, oil and gas going up, yet shares are down, are you allowed to make money in this country? and its nothing to do with currency this was £7 when the $ was 2 for 1 in 2008.

[optomistic] 25/1/2018 11:13

There appears to be a well matched battle between the bulls and the bears this week, but with oil near $70 the bets must start to favour the bulls soon.
Looking then to close that gap at 525 upwards.

[waldron] 24/1/2018 17:42

enami thanks for your thoughtful response

i was thinking about the liquidity issue and possible lack of impacting on other
share prices in the sectors and indexes

cheers

[enami] 24/1/2018 13:15

waldron, I understand they are only selling 5% of the stock. FTSE requires minimum free float to be 25% I think to be part of the indexes. Yes I think they could list the shares on the London Stock Exchange and you would be able to buy them but it would not be part of the FTSE Indices.

Most funds buy and sell their shares according to the company's weight in the FTSE indices.

[waldron] 24/1/2018 12:20

if and when aramco is floated on the LONDON STOCK EXCHANGE what might be the affect
on share prices especially those of the oil majors


informative comments appreciated

[waldron] 24/1/2018 12:17

if and when aramco is floated on the LONDON STOCK EXCHANGE what might be the affect
on share prices especially those of the oil majors


informative comments appreciated

[optomistic] 24/1/2018 11:00

A 1 mill 'o' trade buy at 10.54 am @ a touch over 520p that must be classed as large trade.

[abbotslynn] 22/1/2018 20:54

Piling on the pounds again today,lovely bubbly £££;£

[la forge] 22/1/2018 14:55

BP Weighs Bid for $1.8 Billion Italian Solar Company
By Chiara Albanese
, Anna Hirtenstein
, and Kelly Gilblom
22 janvier 2018 à 14:36 UTC+1

Sale said to also attract interest from Abu Dhabi to China
RTR’s sale process is expected to kick off mid-February

BP Plc is considering a bid for one of Italy’s largest collection of solar assets, according to people familiar with the matter.

Private equity company Terra Firma Capital Partners Ltd. will kick off the sale of Rete Rinnovabile Srl next month, the people said, asking not to be identified because they’re not authorized to speak publicly. Rete Rinnovabile, known at RTR, is valued at about 1.5 billion euros ($1.8 billion) by Terra Firma.

BP returned to the solar power market with a $200 million investment in British company Lightsource Renewable Energy Ltd. last month, six years after it closed a unit that made panels. Oil companies are expanding their interests in renewables as they look for ways to make money in a world increasingly seeking cleaner forms of energy.

The sale is also attracting interest from companies from China to Abu Dhabi, the people said. Potential suitors for RTR, which operates 130 sites nationwide, include Enel SpA, Masdar Abu Dhabi Future Energy Co. and German utilities EON SE and Innogy SE, people familiar with the matter said in November.

[la forge] 22/1/2018 10:23

BP plc 9.6% Potential Upside Indicated by JP Morgan Cazenove

Posted by: Amilia Stone 22nd January 2018

BP plc with EPIC/TICKER (LON:BP) had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘OVERWEIGHT217; today by analysts at JP Morgan Cazenove. BP plc are listed in the Oil & Gas sector within UK Main Market. JP Morgan Cazenove have set their target price at 560 GBX on its stoc

[abbotslynn] 21/1/2018 19:31

EU BOMBSHELL: Macron admits France would vote to LEAVE EU if country held referendum
FRENCH president Emmanuel Macron shocked Andrew Marr during their interview when he admitted that had France held a referendum on membership of the EU after Brexit, the French people would vote to leave.
By OLI SMITH
PUBLISHED: 10:15, Sun, Jan 21, 2018 | UPDATED: 14:38, Sun, Jan 21, 2018

[grupo guitarlumber] 20/1/2018 12:21

Royal Dutch Shell Joining the Renewable Energy Bandwagon
Shell is the latest oil major to buy into renewable energy.
Travis Hoium
(TMFFlushDraw)
Jan 20, 2018 at 6:46AM

The oil majors have had a love-hate relationship with renewable energy over the past decade. Some (BP (NYSE:BP)) once saw it as a key to their future, only to divest from the business, and others (Total (NYSE:TOT)) have been slowly wading into renewables without taking any big risks. But it's become clear that renewable energy isn't going anywhere, and it might be the biggest threat facing the oil business long-term.

Not only is renewable energy eating away at traditional fossil fuel consumption at utilities, it's becoming a fuel for transportation as millions of electric vehicles hit the road around the world. Royal Dutch Shell plc (NYSE:RDS-A)(NYSE:RDS-B) is the latest to realize it needs a foot in the renewable energy business, buying a 44% stake in renewable energy developer Silicon Ranch for up to $217 million in cash. And Shell may still be getting started building out its renewables strategy.
Solar farm with a setting sun in the background.

Image source: Getty Images.
Shell joins the renewables business

Silicon Ranch is a solar developer that has about 880 MW of projects under contract in the U.S. with a 1 GW pipeline of projects. It's not the biggest developer in the country, but it has a growing footprint and can leverage Shell's capital to grow. In 2021, Shell can increase the ownership stake beyond 44%.

Shell also acquired MP2 Energy last year, an owner of natural gas and distributed solar assets like demand-response and solar.

While these two deals don't make Shell a leader in renewable energy just yet, it could show a shifting attitude to renewable energy, a transition other companies have already gone through. And if Shell pushes both companies to grow it could build a sizable renewables business.
Old energy companies are making plays for new energy assets

Shell isn't the first oil company to make a move into renewables. The oil major making the most news in renewable energy is Total, the majority owner of solar manufacturer SunPower (NASDAQ:SPWR). Total has also acquired a stake in developer EREN Renewable Energy and acquired energy efficiency company GreenFlex, among others. Total has also begun to buy renewable energy projects on its own, essentially building an energy generating business under the Total banner.

Utility AES (NYSE:AES) spent $853 million last year to buy sPower, developer of utility-scale solar systems. The company is in the midst of a strategy to sell off coal and other legacy fossil fuel assets and double down on renewable energy and energy storage.

After divesting a solar manufacturing business a few years ago, BP has even gotten back in the renewable energy game with a $200 million investment in renewable developer Lightsource.

You may notice a trend: oil and utility companies are beginning to invest in renewable energy developers rather than manufacturers. This is partly because asset ownership in the energy industry is a more stable business for them to invest in, but it also allows them to leverage their own development expertise and access to capital in renewables, rather than develop a new technology understanding in renewable manufacturing.

Powered By
The holdout in renewable energy

One oil company's name is notably absent from the renewable energy business: ExxonMobil (NYSE:XOM). The company has intentionally stayed out of wind and solar, and has focused investment in alternative energy in fuels and carbon sequestration, although with very little commercial success.

With major competitors Total, Shell, and BP investing billions in renewable energy to transition their business, ExxonMobil may eventually see that's where the future is. Shell is finally coming around and maybe just in time to build a sustainable renewable energy business to replace the aging oil business.

[optomistic] 19/1/2018 15:07

...definitely not in favour this month. Results next month, surely all the bad news is in the price by now.

[bracke] 19/1/2018 14:10

optomistic

As you post it is just a matter of waiting for the fill........could be sometime.

[tradejunkie2] 19/1/2018 14:07

hellscream, try sticking your finger up your bum might put a smile on your face?

[optomistic] 19/1/2018 12:26

Good afternoon Bracke, I did have it in my mind that if I should mention gaps you may give us a visit :-))

[bracke] 19/1/2018 12:03

Hope springs eternal optomistic

[waldron] 19/1/2018 11:11

Broker Forecast - Kepler Cheuvreux issues a broker note on BP PLC
By BFN News | 09:10 AM | Friday 19 January, 2018

Factsheet BP PLC USD0.25 (BP.)


Kepler Cheuvreux today reaffirms its hold investment rating on BP PLC (LON:BP.) and raised its price target to 535p (from 505p). Story provided by StockMarketWire.com

[optomistic] 19/1/2018 10:20

Well the only gaps in the last month are to the topside so no doubt it is just a matter of waiting for them to get filled :-))