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BP. Bp Plc

496.65
3.85 (0.78%)
Last Updated: 13:24:16
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bp Plc LSE:BP. London Ordinary Share GB0007980591 $0.25
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.85 0.78% 496.65 496.60 496.70 497.85 493.30 495.45 7,001,149 13:24:16
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Petroleum Refining 211.6B 15.24B 0.8934 5.56 84.68B
Bp Plc is listed in the Petroleum Refining sector of the London Stock Exchange with ticker BP.. The last closing price for Bp was 492.80p. Over the last year, Bp shares have traded in a share price range of 441.10p to 562.20p.

Bp currently has 17,057,902,258 shares in issue. The market capitalisation of Bp is £84.68 billion. Bp has a price to earnings ratio (PE ratio) of 5.56.

Bp Share Discussion Threads

Showing 91976 to 91997 of 108925 messages
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DateSubjectAuthorDiscuss
22/3/2018
15:30
BP
462.65 -2.13%

waldron
22/3/2018
08:23
BP
469.75 -0.62%



Shell A
2,215 -0.07%



Shell B
2,255.5 -0.20%


Total
46.42 -0.29%

waldron
21/3/2018
17:23
BP
472.7 +1.90%



Shell A
2,216.5 +0.82%



Shell B
2,260 +1.37%



Total
46.555 +0.69%

waldron
21/3/2018
11:16
Russia still in the governments sights,which will require them needing to further escalate the feud,lets hope not us
abbotslynn
21/3/2018
10:18
One year chart shows support at around 4.40
anony mous
21/3/2018
10:06
BP
460.7 -0.69%




Shell A
2,185.5 -0.59%



Shell B
2,217 -0.56%




Total
46.075 -0.35%

waldron
21/3/2018
08:38
BP
463.65 -0.05%



Shell A
2,209 +0.48%



Shell B
2,241.5 +0.54%


Total
46.355 +0.26%

waldron
20/3/2018
17:33
BP
463.9 +0.90%



Shell A
2,198.5 +1.06%



Shell B
2,229.5 +1.27%

Total
46.235 +0.09%

waldron
20/3/2018
13:13
Yes that will be the reason.
Rosneft must be a singificant part of BP's assets. BP have 20% of Rosneft.
Will Putin confiscate it and put it in his pocket.

orinocor
20/3/2018
12:47
Why I’d avoid this dividend stock and buy 6% yielder BP plc instead

Roland Head | Tuesday, 20th March, 2018 | More on: BP WG
Image source: Getty Images.

I believe it’s time for investors to get choosy about dividend stocks. With the FTSE 100 trading at the lowest levels since December 2016, there’s plenty of choice for income hunters.

A quick review of the big-cap index shows around 40 stocks with a forecast yield of at least 4%. If you expand your search to include the FTSE 250 as well, that number rises to about 100.

Today I’m looking at two dividend stocks I’d like to own at the right price.
A mixed picture

In my opinion, energy services firm John Wood Group (LSE: WG) — now known as ‘Wood’ — is a good company. But last year’s £2.2bn acquisition of rival Amec Foster Wheeler will take a while to digest.

The Wood share price was down by 5% at the time of writing, after the firm’s 2017 results revealed a full-year loss of $30m, thanks to $165m of one-off costs.

These figures show that the group’s pro forma revenue — adjusted to include Amec Foster Wheeler for comparison purposes — fell by 12% to $9,882m last year. Proforma adjusted operating profit fell by 11% to $598m. Adjusted operating margin was unchanged at 6%.

Looking at the actual figures, Wood ended last year with adjusted earnings of 53.3 cents per share, 16.8% lower than in 2016. Despite this, the dividend was increased by 3% to 34.3 cents per share.
Too soon to buy?

I’m confident that as the oil and gas market recovery continues, earnings will improve. I’m also fairly comfortable that the group’s management will do a decent job of integrating Amec Foster Wheeler, which is expected generate cost savings of $170m over three years.

However, the Amec deal has left the combined group with net debt of $1,646.1m. This equates to 2.4 times earnings before interest, tax, depreciation and amortisation (EBITDA). The company aims to reduce this to between 0.5x and 1.5x EBITDA “within approximately 18 months”. I believe this could be challenging.

Earnings are expected to rise by 16% this year, putting the shares on a forecast P/E of 13.5 with a prospective yield of 3.7%. This could be good entry point. But with debt reduction a priority, I don’t think there’s any rush. I’d watch for opportunities to buy below 600p.
Why I’d snap up this 6% yield

Services companies like Wood have yet to see the full benefit of the oil market recovery. But producers such as BP (LSE: BP) are already one step ahead. They’ve cut costs and are enjoying surging profits thanks to higher oil prices.

BP’s underlying earnings are expected to rise by 40% to $0.44 per share this year. This should provide additional support for the dividend and enable the group to start reducing its debt levels.

Forecast dividend cover of 1.1x earnings is still slim, but it means the payout will be covered by earnings for the first time since 2015. I believe that hitting this milestone means the dividend should be safe for the foreseeable future. The $0.40 per share payout could even start to rise over the next few years.

BP’s share price has fallen by nearly 15% since January. Trading on a 2018 forecast P/E of 15 with a prospective yield of 6.1%, I rate the stock as a strong buy for income.

Buy-And-Hold Investing

Our top analysts have highlighted five shares in the FTSE 100 in our special free report "5 Shares To Retire On". To find out the names of the shares and the reasons behind their inclusion, simply click here to view it immediately with no obligations whatsoever!

Roland Head has no position in any of the shares mentioned. The Motley Fool UK has recommended BP. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

ariane
20/3/2018
08:58
BP
459.45 -0.07%



Shell A
2,183 +0.34%



Shell B
2,214 +0.57%




Total
46.065 -0.28%

waldron
20/3/2018
08:40
Russian investments perhaps are proving a concern atm.
optomistic
20/3/2018
08:37
Down 3% yesterday and not bouncing like the other O&G stocks. Why?
orinocor
20/3/2018
08:18
hellscream...today :-)
optomistic
20/3/2018
05:59
oil shooting up, bigger profits.. 14-15p up today atleast.
hellscream
19/3/2018
17:28
Yes 440 with a stop loss in place is what I'm looking at. Watching and waiting.
supermarky
19/3/2018
17:26
Depends if the country can invest and grow again, stuck in an deflationary spiral atm. government has not done one thing to encourage investment. (dividend tax, pension release) all take's money out the market, to pay for what? you guess.
littleweed1
19/3/2018
17:06
RNS Number : 1174I

BP PLC

19 March 2018

19 March 2018

BP p.l.c.

Fourth quarter interim dividend for 2017

Payments of dividends in sterling

On 6 February 2018, the Directors of BP p.l.c. announced that the interim dividend for the fourth quarter 2017 would be US$0.10 per ordinary share (US$0.60 per ADS). This interim dividend is to be paid on 29 March 2018 to shareholders on the share register on 16 February 2018. The dividend is payable in cash in sterling to holders of ordinary shares and in US dollars to holders of ADSs. A scrip dividend alternative has been made available for this dividend allowing shareholders to elect to receive their dividend in the form of new ordinary shares and ADS holders in the form of new ADSs.

Sterling dividends payable in cash will be converted from US dollars at an average of the market exchange rate over the four dealing days from 13 to 16 March 2018 (GBP1 = US$1.39488). Accordingly, the amount of sterling dividend payable in cash on 29 March 2018 will be:

7.1691 pence per share.

Details of the fourth quarter 2017 dividend and timetable are available at www.bp.com/dividends and details of the Scrip Dividend Programme are available at www.bp.com/scrip.

This information is provided by RNS

The company news service from the London Stock Exchange

END

DIVGCGDXUBBBGIC

(END) Dow Jones Newswires

March 19, 2018 05:17 ET (09:17 GMT)

waldron
19/3/2018
17:06
If they do supermarky I shall be buying ?
veryniceperson
19/3/2018
17:04
BP
459.75 -2.96%



Shell A
2,175.5 -1.72%



Shell B
2,201.5 -2.09%





Total
46.195 -3.32%

waldron
19/3/2018
16:55
stockmarket going back to where it was 20 years ago... wow what progress.
hellscream
19/3/2018
14:19
what if currency goes to 2.00? do we disappear?
hellscream
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