Bp Takeover Rumours (BP.)


Bp Chart

Bp Takeover Price

Bp Takeover Forum Posts

All this talk from motley fool about BP being a takeover target is utter nonsense. Why would shell or Exxon want to multiply the issues they currently have with divesting away from oil into renewables . Just can’t see it happening in the current climate , no pun intended.
I recall back in the day ( probably revealing my age to some extent!) that in the aftermath of the Arab oil embargo in the 70s , everyone though the oil was running out quickly. BP decided to diversify and I think they even went into diamond mines . That strategy was of course reversed much late on. With the benefit of hindsight ( which is a wonderful thing) , maybe that was a bad decision and if they had carried on diversifying outside their core oil and gas interests, BP would be a different animal now. Regarding the comment about house prices 30 years ago , acquiring a shit load of houses would have been an option .Lloyds Bank have decided to do this now in order to get better returns as a landlord. To the bigger point , at the end of the day it is about making money . BP does not have to morph into a renewable energy company . It could easily go for big takeover of say a mining or chemical company. That way its future is secured ,
What a spike for BP! Must be a takeover ;-))
ADVFN Advertorial
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20211209 14:04:33