Bp Share Discussion Threads

[hellscream] 09/5/2024 06:27

its in our interest shell can hit £40+, would put alot of upward pressure on our shares.

[hellscream] 08/5/2024 14:28

if you think its only worth £5, than what is the point of further buybacks? inflation is the biggest wealth destroyer, government loves it for a reason.

[hellscream] 08/5/2024 14:14

BP was worth £200b 20 years ago, should be worth £12-£16 pound

[hellscream] 08/5/2024 14:08

what about the 10% inflation each year. bag of fish and chips cost £10 now.

[gwatson56] 08/5/2024 13:34

Useful article given the 'miss' on the results yesterday. Still reckon it's worth £5. Analysts still reiterate circa £6.

[spig69] 08/5/2024 11:06

ABC, I noted the increase in net debt which I found surprising considering this should be a cash cow. Why buy back shares with debt instead of profits? £24bn debt pile. How much does that cost to service?!

[abc_001] 08/5/2024 11:01

From the results, does anyone else see the buybacks as being funded by greater borrowing?Looking forward, 2bn cost savings by end of 2026 with the bulk being in 2026 and including restructuring charges. Sound like either offshoring/redundancies or sell off parts of the business

[scruff1] 08/5/2024 10:01

Janhar
Get adding then

[hellscream] 08/5/2024 09:34

21% gap to shell over the 1 year, this the worst it ever been?

i guess the 2010 oil spill woulda been worse.

[janhar] 08/5/2024 09:25

They remain a takeover target especially if the price drops. I'll add on weakness

[abc_001] 08/5/2024 09:14

Because reinvesting in oil is not the strategic direction and investing in renewables does not have a high enough return

[hellscream] 08/5/2024 08:58

bp is worth more to us broken up and sold off.

[hellscream] 08/5/2024 08:18

ftse up 130 too in 2 days, gonna get messy when 100 down lol.

might aswell be £4, good for dividend re-investment and buybacks i guess.

the iceing on the cake is the greens saying were being showerd in cash!

[spig69] 08/5/2024 08:12

What a dog of a share! Why don't they invest the money for buybacks in the business which would produce more revenue and therefore more profit. I've backed a 3 legged horse here! Board of Directors should hang their heads in shame

[hellscream] 08/5/2024 08:05

i like how the greens got nothing to say when housing has gone up over 400% in 25 years, and rents taking up over 50% of a paypacket.

i hate double standards.

[hellscream] 08/5/2024 08:00

love how the greens keep telling us buybacks puts money in our pockets.

funny ive been in bp for 11 years, the share price was higher in 2014.

i can move my money anywhere and get more than BP is offering me. (tax) is the reason i cant.

[action] 08/5/2024 07:03

Buy back starts till July34. Will be good trading range on daily basis...

[hellscream] 08/5/2024 06:05

not gonna look good when the ftse drops 100 pts, easy 15p drop.

im going for an £4.50 bottom. 9/10 times we peak near £5.50 we retrace £1. groundhog day.

[hellscream] 08/5/2024 05:52

boost for labour too as they plan to increase the windfall tax.

the left wont be satisfied untill they take all your money and dividends.

[philanderer] 07/5/2024 23:52

'Boost for City as BP vows to keep its London listing - but profits at oil giant tumble 45% to £2.2bn'

[action] 07/5/2024 23:04

Buy the dip.

[adg] 07/5/2024 19:51

Looks like all us muppets have backed the wrong horse Bp adr in states down almost 4%
I’m also heavy in shell and thankfully that’s making up for this donkey
BP Bloody Purgatory

[nigthepig] 07/5/2024 18:10

Thanks for the advice