Bp Share Discussion Threads

[optomistic] 25/5/2018 17:21

All gone to pot this week :-(

[waldron] 25/5/2018 16:19

ALMOST THERE

[ny boy] 25/5/2018 15:07

Probably heading down to test 535p support, depends how long the oil sell off goes on for.

[tewkesbury] 25/5/2018 11:28

Powerhouse Energy (PHE) possible 2000 bagger:


englishlongbow
25 May '18 - 10:49 - 6554 of 6556

Keith Allaun says PHE could be a FTSE 100 company based on their UK rollout plans i.e. at least 300p share price; and they are expecting 2.5x more rollout in the EU, and roll out in other geographies like Australia, Far East, Midddle East, etc.

So in terms of the share price: 300p for the UK + 750p for the EU + more elsewhere, gives an eventual share price well over 1000p (£10) making it a 2000+ bagger from here.

£1000 investment now could be worth £2 million in future. That is a mind boggling return on investment.

[waldron] 24/5/2018 18:09

Total
51.81 -1.20%


Engie
14.155 -0.88%

Orange
14.99 +0.30%


FTSE 100
7,716.74 -0.92%
Dow Jones
24,753.13 -0.54%
CAC 40
5,548.45 -0.31%

Brent Crude Oil NYMEX 79.19 -0.64%
Gasoline NYMEX 2.24 -0.62%
Natural Gas NYMEX 2.97 +0.24%



BP
566.5 -1.82%


Shell A
2,598 -1.89%

Shell B
2,677 -2.25%

[optomistic] 24/5/2018 08:57

"Oil giant BP today announced the award of seven North Sea licences in 30th offshore bidding round.

BP will act as operator for five and as partner for two.

Among the licences offered by the Oil and Gas Authority (OGA), two of those are west of Shetland.

BP’s new operated licences lie in the Skua field adjacent to BP’s Marnock field, which is part of the Eastern Trough Area Project (ETAP) hub, a licence adjacent to BP’s Capercaillie and Vorlich discoveries, a licence in the Northern North Sea and two licences in Quadrant 208 west of Shetland."

[sicker] 23/5/2018 19:20

So, jam tomorrow. :-0)
Disappointed at to-days drop but no complaints with the current price.

[waldron] 23/5/2018 18:15

Total
52.44 -3.10%


Engie
14.28 +0.00%

Orange
14.945 +0.47%


FTSE 100
7,788.44 -1.13%
Dow Jones
24,671.58 -0.66%
CAC 40
5,565.85 -1.32%



Brent Crude Oil NYMEX 79.22 -0.31%
Gasoline NYMEX 2.24 -0.56%
Natural Gas NYMEX 2.96 +0.99%



BP
577 -1.94%


Shell A
2,648 -3.34%



Shell B
2,738.5 -3.11%

[waldron] 23/5/2018 18:11

Alp

550p seems resonable

me, being unreasonable and prone to wishful thinking, be hoping for another 7 to 10pc pullback

[toon1966] 23/5/2018 15:54

Geee alphorn that's good news, thanks for letting us know.

[alphorn] 23/5/2018 15:34

Extended a BP long position again today at a 550p strike price.

[optomistic] 23/5/2018 08:58

Cheers toon, Deutsche often like to dampen enthusiasm!
Inventories are a regular event and whichever way they go we will get over it.

[toon1966] 23/5/2018 08:48

Also latest oil inventory figures from US out today so could be a difficult day!

[toon1966] 23/5/2018 08:43

(Sharecast News) - Energy shares have run too far too fast, analysts at Deutsche Bank told clients on Tuesday as they downgraded the space to 'underweight'.
Their comments served to send Oil & Gas stocks to the bottom of the leaderboard, even as Brent crude oil futures for next month delivery moved back to the $80 per barrel mark in ICE trading.

According to Deutsche, the historical relationship between the price of oil and companies' share prices suggested the latter had overshot 'fair value' by roughly 4%.

Compounding matters, on the basis of where the US dollar was at and the pace at which US macro surprises were running, Brent oil should be changing hands at about $65 a barrel, they said.

Hence, come September investors may find that shares in the sector had fallen by about 14%, Deutsche added.

Adding to their glum view on the outlook for the sector, their commodity analysts believed that any move in oil prices past the upper end of the $70 to $80 trading range would likely trigger increased supplies out of Saudi.

Sustained favourable winds in the US dollar's sails, as markets priced-in a faster pace of interest rate hikes in the States and as purchasing managers' surveys in America outpaced their euro area brethren, could further pressure commodity prices, they said.

Against that backdrop, traders seemed unimpressed by JP Morgan analysts' decision to include shares of BP in their European Best Equity Ideas list.

[optomistic] 23/5/2018 08:39

BP and Shell taking a hit this morning! Is it to do with the Iran connected production being stopped?

[waldron] 22/5/2018 18:03

Total
54.12 -0.70%


Engie
14.28 -2.19%

Orange
14.875 +4.06%

FTSE 100
7,877.45 +0.23%
Dow Jones
24,964.4 -0.20%
CAC 40
5,640.1 +0.05%

BP
588.4 -0.74%


Shell A
2,739.5 -0.33%

Shell B
2,826.5 -0.51%

Brent Crude Oil NYMEX 79.54 +0.01%
Gasoline NYMEX 2.26 +0.15%
Natural Gas NYMEX 2.90 +2.48%

[optomistic] 22/5/2018 17:41

Picked up again towards the end.
As SteMis said the buyers do seem to be overall in control.

[toon1966] 22/5/2018 14:34

Got to expect the odd 'down day'.....

[optomistic] 22/5/2018 14:00

Brent crude @ $79.97....is it time for this little drop to reverse

[grupo guitarlumber] 22/5/2018 12:07

Tuesday 22 May 2018 11:42am
BP invests $20m in company developing electric vehicle batteries that will take as long to recharge as refuelling a petrol car
Share


Torjus Roberg
Torjus Roberg is a reporter for City A.M. He covers energy markets, mining, phar [..] Show more
Follow Torjus

BP Filling Station Signage
BP is looking to expand its presence within electric vehicle infrastructure (Source: Getty)

Oil giant BP has announced that it will invest $20m (£14.8m) in StoreDot, a company which is in the process of developing batteries for electric vehicles (EVs) that will take the same time to recharge as refuelling a normal petrol car.

The investment in the Israeli battery company is part of BP Venture's effort to expand its presence in the EV infrastructure sector.

Tufan Erginbilgic, chief executive of BP downstream, said: “Ultra-fast charging is at the heart of BP's electrification strategy. StoreDot's technology shows real potential for car batteries that can charge in the same time it takes to fill a gas tank.

Read more: BP pauses work on North Sea gas field as it awaits US Iran sanctions impact

“With our growing portfolio of charging infrastructure and technologies, we're excited by our opportunities to develop truly innovative EV customer offers.”

The company received $60m from Mercedes-Benz owner Daimler in September of last year to develop ultra-fast mobile charging technology using lithium ion batteries which will on the market in 2019.

Doron Myerdorf, co-founder and chief executive of StoreDot, said: “Working closely together with a global energy leader is a significant milestone in StoreDot's direction of strengthening the EV ultra-fast charging eco-system.”

“The combination of BP's impressive presence and StoreDot's eco-system of EV partnerships enables faster implementation of ultra-fast charging stations and could allow a better charging experience for drivers.”

[stemis] 21/5/2018 23:25

I'm kind of thinking that myself although £6 is my target. On the other hand the share price doesn't look as if it's running out of momentum. That was a pretty strong recovery in price this afternoon which does rather suggest that buyers are still in control of the stock.

[curriedquaker] 21/5/2018 20:12

SP is starting to give me a nose bleed after the rapid rise in the last month. I think it’s time to take a little bit of a profit and I’m going to reduce my holdings by 20%. Market in general may have a small correction to make , so I’m going to hold onto the BP cash until one or two bargains appear. Any thoughts guys?

[waldron] 21/5/2018 17:07

Total
54.5 +0.04%


Engie
14.6 -0.10%

Orange
14.295 -0.66%


FTSE 100
7,859.17 +1.03%
Dow Jones
24,979.24 +1.07%
CAC 40
5,637.51 +0.41%

Brent Crude Oil NYMEX 78.85 +0.18%
Gasoline NYMEX 2.24 +0.63%
Natural Gas NYMEX 2.82 -0.53%



BP
592.8 +1.11%


Shell A
2,748.5 +1.20%



Shell B
2,841 +1.32%