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BP. Bp Plc

429.00
11.15 (2.67%)
14 Mar 2025 - Closed
Delayed by 15 minutes
Bp Investors - BP.

Bp Investors - BP.

Share Name Share Symbol Market Stock Type
Bp Plc BP. London Ordinary Share
  Price Change Price Change % Share Price Last Trade
11.15 2.67% 429.00 16:35:00
Open Price Low Price High Price Close Price Previous Close
419.10 417.30 429.10 429.00 417.85
more quote information »
Industry Sector
OIL & GAS PRODUCERS

Top Investor Posts

Top Posts
Posted at 13/3/2025 17:06 by putinaire
if it is all to be seen , post UK friday close, that would take staggering bravery to hold into weekend, even for income investors
i reckon you all need to see it supported again, prior to that close - well supported.
Posted at 11/3/2025 11:49 by putinaire
So it looks like income investors are banking on wti mid 65s staying the average for the year and cap should be safe.

I think that's a mistake. Despite recession recovery every day madness, mid 50s is the number for 24 forward months, from one of the best sources I ever came across
Posted at 09/3/2025 11:55 by putinaire
Investment in drilling only leads to more crude. At best, a 60s bpb range in the medium term? Be alright to secure yield for income investors, but of little use to those seeking direct capital growth on SP

60s is assuming Trump does not both create enough oil and gas for 10 planets, and then mess up economies on top of it

The pressure from wall street wont do much in real terms
Posted at 05/3/2025 12:00 by putinaire
i see no reason for BP not to be sub 200p in the not too distant future. It is of zero interest to capital players now.

And I reckon, given cash flows elsewhere in the sector , the income investors will have twitchy butt cheeks soon too

Capital players out - Income players about to

Only leaves gerbils really
Posted at 05/3/2025 10:37 by putinaire
Any investors of yesterday going to keep hold ?
Posted at 05/3/2025 10:23 by putinaire
BP and Co are at best range bound for years. That's the only hope for income investors. be that easy?
Posted at 26/2/2025 17:29 by geckotheglorious
HL view
Fwd P/E: 9x
Prospective Div% 6%

BP has refreshed its strategic goals against a backdrop of falling profits and growing shareholder pressure. We support the focus on financial discipline but a limited market response on the day suggests not all investors are convinced that these ambitious targets can be met.

Over recent years BP’s not made much of a dent in its net debt pile of around $23bn, choosing to prioritise shareholder distributions and capital expenditure. That’s been supported by very strong cash flows. But dwindling profits have prompted a pullback in investment as well as reduced buybacks for the immediate future.

BP is refocussing on its core competencies of oil & gas extraction. Modest plans to increase production combined with a fresh efficiency drive should help to boost performance. But it does mean the company’s future profits remain intrinsically linked to oil & gas prices, over which it has no control. As with all natural resource extraction, there’s never any guarantee that new sources of production perform as expected.
The company’s efforts to make a success of investments in energy transition technologies have been met with limited success. There are some clear advantages to embracing the rise of electric vehicles, given the company’s existing network of service stations. We’re glad to see BP’s not totally abandoning its ambitions in this space, and support the more selective approach, which is likely to focus on complementary areas like hydrogen and carbon capture.

In the near term, shareholder distributions may take a back seat as BP focuses on bringing down its debt levels. With a clear financial framework now in place, there is scope for distributions to pick up materially further down the line. But that’s not guaranteed and will likely depend on BP meeting its ambitions for improved cash generation, as well as targets to generate $20bn from disposals by 2027.

Assets up for grabs include the troubled Gelsenkirchen refinery, the lubricant brand Castrol, and the solar business.

If BP can make good on its promises, investors may be rewarded, but there remain some near-term challenges to overcome. Refining margins are expected to remain low this year and production is set to fall before it goes up. Meanwhile oil prices are lower than they were at the beginning of last year.

All in, BP’s valuation has strengthened on the hopes it gets back to basics, with its earnings multiple now ahead of some more financially robust peers. We think the strategic shift has some legs but there’s significant execution risk meaning there’s plenty of scope for downside shocks if BP misses its targets.
Posted at 22/12/2024 01:34 by martyre
Is the BP share price set for a 75% jump?The highest analyst target for BP shares in 2025 is 75% above the current price. So should investors consider buying it for dividends and share buybacks?Posted by?Stephen Wright?Published 21 December, 9:00 am GMWhen investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you put in.Read MoreYou're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More.Analyst price targets for BP (LSE:BP) shares are pretty optimistic heading into 2025. The highest estimate I can find is £6.62. That's around 75% higher than the stock's current level. So while 2024 hasn't been a good year for the BP share price, could 2025 bring a dramatic turnaround?Should you invest £1,000 in BP right now?When investing expert Mark Rogers has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for nearly a decade has provided thousands of paying members with top stock recommendations from the UK and US markets. And right now, Mark thinks there are 6 standout stocks that investors should consider buying. Want to see if BP made the list?Oil outlookThe most important thing for BP – as with any oil major – is the price of oil. But while I have a positive view on this over the long term, I'm not hugely optimistic for 2025.A couple of things make me wary – both on the supply side of the equation. The first is the possibility of increased production coming from the US as lower taxes bring down costs across the Atlantic. Furthermore, oil output in Saudi Arabia is currently near 2020 (i.e., pandemic) levels. With lower costs than the competition, I think it's a matter of when – rather than if – production increases there.Saudi Arabia oil production 2015-2024?Source: Trading EconomicsFor the oil price to stay at its current level, I think demand will need to increase. And outside of China – which is admittedly a huge factor – I'm not confident this will happen in the next 12 months. ValuationAt the moment, BP shares trade at a significant discount to other oil majors. But by itself, this isn't a strong reason for thinking the share price is going to rise next year. One of the lessons I've learned in 2024 is that low prices can persist for a long time. And if it takes too long for the underlying value of the shares to be realised, this can make for a disappointing investment. Importantly, though, management is taking advantage of the discounted valuation. It's in the process of buying back shares, which will be more effective the longer the share price stays down. Furthermore, there's a dividend with a 6.31% yield on offer at the moment. This should go some way towards offsetting the opportunity cost of waiting for investors looking for a potential recovery.Price targetsA 75% jump might seem like a lot – and it is. But it might not be implausible given the valuations – and dividend yields – on offer elsewhere in the sector. If the BP share price reached £6.62, the dividend yield would fall to 3.63%. That's towards the lower end of the range the other oil majors are trading in, but it wouldn't make it a big outlier.StockDividend yieldBP6.32%Chevron4.62%ConocoPhillips3.28%ExxonMobil3.75%Shell4.49%TotalEnergies6.19%That goes a long way towards justifying a £6.62 price target for BP shares. Even at that level, the stock would still have a similar dividend yield to ExxonMobil. Investors should keep in mind that US firms are set to benefit from tax cuts, while UK oil companies are facing windfall taxes. But even considering this risk, the valuation discount is very wide at the moment.Opportunity?As far as I can see, the best reason for thinking the BP share price might be about to climb 75% is that this would close the valuation gap to the other oil majors. And that isn't a bad idea, by any means.The Motley Fool Ltd. Registered Office: 5 New Street Square, London EC4A 3TW. | Registered in England & Wales. Company No: 3736872. VAT Number: 188035783.© 1998 – 2024 The Motley Fool. All rights reserved. The Motley Fool, Fool, and the Fool logo are registered trademarks of The Motley Fool Holdings Inc.
Posted at 10/12/2024 16:34 by martyre
BP p.l.c.: Release of a capital market informationSource: EQS Regulatory NewsBP p.l.c. / BP responds to 'mini-tender' offerBP p.l.c.: Release of a capital market information10.12.2024 / 17:10 CET/CESTDissemination of a Post-admission Duties announcement transmitted by EQS News - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement. Press ReleaseDecember 10, 2024BP responds to 'mini-tender' offerBP p.l.c. (BP) announced today that it has received notification that on November 19, 2024 TRC Capital Corporation (TRC) commenced an unsolicited, below-market mini-tender offer to purchase up to 4,000,000 of the American Depositary Shares (ADSs) of BP (equivalent to 24,000,000 Ordinary Shares, or approximately 0.1 per cent of BP's outstanding Ordinary Shares), at a price of $27.95 per ADS.  The TRC offer is being made at a 5.00 per cent discount to the ADS closing price of $29.42 per ADS on November 18, 2024, the last trading day before the offer commenced, and is below yesterday's closing price of $30.09.In addition to being below-market, the offer by TRC contains other terms which may be disadvantageous to tendering ADS holders.BP does not endorse TRC's offer, and BP recommends that ADS holders reject the offer and do not tender their ADSs in response to the offer by TRC. BP is in no way associated with TRC, the mini-tender offer or the offer documents.  The TRC mini-tender offer is not related to BP's own share buyback program to repurchase Ordinary Shares.TRC has made many similar, unsolicited mini-tender offers for shares of other companies. Mini-tender offers seek to acquire less than 5 per cent of a company's shares, thereby avoiding many disclosure and procedural requirements of the U.S. Securities and Exchange Commission (SEC). As a result, mini-tender offers do not provide investors with the same level of protection as provided by larger tender offers under United States securities laws. The SEC has issued tips for investors regarding mini-tender offers on its website at www.sec.gov/investor/pubs/minitend.htm and https://www.sec.gov/fast-answers/ answersminitenhtm.html. The SEC has cautioned investors about mini-tender offers, noting that "[s]ome bidders make mini-tender offers at below market prices, hoping that they will catch investors off guard if the investors do not compare the offer price to the current market price." The Canadian Securities Administrators have also expressed concerns with mini-tender offers in an investor alert ("Mini-Tender Offers - Watch Out For Mini-Tender Offers at Below-Market Price!") accessible at  BP urges ADS holders to obtain current market quotations for their ADSs, to consult with their broker or investment advisor, review the conditions of the offer and to exercise caution with respect to the TRC offer.  BP recommends that ADS holders who have not responded to TRC's offer take no action. According to TRC's offer documents, ADS holders who have already tendered may withdraw their tendered ADSs at any time prior to 11:59 pm New York City time, on Wednesday, December 18, 2024 by providing the written notice described in the documentation.BP encourages brokers and dealers, as well as other market participants, to review the SEC's recommendations to broker-dealers in these circumstances, which can be found on the SEC website at https://www.sec.gov/divisions/marketreg/minitenders/sia072401.htm.BP requests that a copy of this news release be included with all distributions of materials relating to TRC's mini-tender offer relating to BP ADSs. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.10.12.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Archive at www.eqs-news.comLanguage:EnglishCompany:BP p.l.c.1 St James's SquareSW1Y 4PD LondonUnited Kingdom End of NewsEQS News Service2048309  10.12.2024 CET/CEST?
Posted at 27/10/2024 11:03 by gibbs1
BP Walks Back Green Targets Amid Market Realities

By Irina Slav - Oct 26, 2024, 6:00 PM CDT

BP has reversed its commitment to cut oil and gas production by 40% by 2030.

The energy transition remains challenged by economic realities, prompting BP and other major oil companies to scale down transition plans.

BP's pivot, along with similar moves from other oil majors, highlights the industry’s continued reliance on hydrocarbon.


In February 2020, then-brand-new chief executive Bernard Looney told the world that one of the oldest and biggest oil companies in the world was going to become a net-zero company by 2050. To achieve this, it would slash its oil and gas production by 40% by 2030.

Four years and one major crisis later, BP is abandoning not only the original production cut target of 40%, but also a revised, lower target of 25%. BP, in other words, is returning to its roots. And commodity investors who are not paying attention should be—and so are transition investors.

“This will certainly be a challenge, but also a tremendous opportunity. It is clear to me, and to our stakeholders, that for BP to play our part and serve our purpose, we have to change. And we want to change – this is the right thing for the world and for BP,” Bernard Looney said back in 2020 when he announced the company’s new course.

There was much enthusiasm in the climate activist world when that statement was made. Activists were not satisfied but did concede that it was a step in the right direction. Investors took the news differently—BP’s shares dropped precipitously immediately following the announcement of the newly charted course before rebounding later in the year.

Then came the pandemic, decimating demand for energy and leading to a price slump that BP at the time seemed to believe the industry wasn’t going to recover from, because, it said in one of its latest world energy outlook editions, global oil demand had peaked back in 2019 and it was never going to go back to those levels. BP still believed it was on the right track with its net-zero plans and a 40% cut in oil and gas production by 2030. And then it was 2022.

Oil demand had been on the rebound ever since the lockdowns began to be phased out. When China joined the party of ending lockdowns, the demand rebound really took off. The war in Ukraine took that momentum and added to it supply security fears for a price rally that had not been seen in years.


The rally resulted in energy companies becoming the best performers in the stock market, overtaking Big Tech, and in record profits, which in turn led to fatter dividend payouts and massive stock repurchases. It also led to a reconsideration of some of Big Oil’s transition plans. In BP’s case, the latest stark reminder that the world still runs on hydrocarbons prompted the company’s senior leadership to abandon plans to cut its oil and gas production by even 25% by 2030.

All these developments also made investors think again—about energy transitions and the security of energy supply. It made investors think so much that pro-transition outlets are sounding an alarm about oil companies being unserious about the transition and, worse, unclear about the direction of their business, which should make investors cautious.

“A decarbonizing economy threatens the fossil fuel industry’s core business model, and the sector does not seem to be offering a cohesive and consistent plan for navigating this changing world,” the Institute for Energy Economics and Financial Analysis said in a recent report. The report zeroed in on the latest BP news about the U-turn on oil and gas production cuts, suggesting that BP basically had no idea what it wanted to do with its future, and this should make investors nervous about the whole oil and gas industry.

That criticism certainly has a lot of merit in the context of a business world that is firmly on the way to a cleaner, greener energy future because the economics of such a future make sense. The actual business world in which BP and all other companies are operating, however, is different from that vision.

In it, the economics of the energy transition, as envisioned by its advocates and proponents, do not always make sense—which is why BP and other companies are abandoning their initial ambitious targets made, one might say, in the heat of the moment, following years of activist pressure that was warmly embraced by politicians in decision-making positions.

However, once these companies realized their transition efforts were not paying off, they pivoted. One might call it a lack of a “cohesive and consistent plan.” On the other hand, one might call it flexibility in the face of a reality that has proven different than hoped for. In addition to the news about BP abandoning its production cut target for 2030, the company was also reported to be considering reducing its exposure to offshore wind at a time when fellow supermajor Shell was also dialing back its transition ambitions and another fellow supermajor, TotalEnergies, just announced a $10.5-billion oil and gas development in Suriname.

The energy industry then appears to have a pretty clear view of the future.

Hydrocarbons remain the energy source most widely used on the planet.

Their alternatives do not seem to be living up to the hype.

Therefore, Big Oil is shrinking its transition ambitions in favor of the business that has been proven to be profitable—for the companies and their investors.

Sometimes, it really is as simple as that.'

By Irina Slav for Oilprice.com