| Date | Subject |
|---|
29/11/2020
22:40 | irish luck: Slinky
You must have a position under water me thinks.
Gaps are very important.
Every day you will see the indices recover ground whether up or down because thats were the big boys left off. Keep your eye on the ftse in the mornings and watch them do the red line. Then the ftse follows the US in the afternoon so if the US falls so will BP. If it rises so will BP. Take the emotion out of trading and watch whats happening in the wider picture.
I am a day trader, not in BP for the long run.
Looking for 20pts of profit.
|
10/11/2020
07:58 | sarkasm: Investomania
Does the BP share price have further upside after its 15% gain?
November 10, 2020 Robert Stephens, CFA BP (LON: BP) (BP.L) (BP.LON), FTSE 100
The BP plc (LON:BP) (BP.L) share price has risen approximately 15% so far this week. The main reason for this seems to be improving investor sentiment and less risk aversion after positive results from the Covid-19 vaccine data.
Investors appear to be anticipating a return to normality in future months after various lockdown measures have been in place across a number of major economies across the world. This could bode well for the oil price, as well as for oil and gas companies, in my view.
Therefore, in my opinion, there could be further to run for the BP share price in the short term. I wouldn’t be surprised if it outperforms a rising market, with a tough period for oil and gas prices having been experienced since the start of 2020. This may mean that both assets have scope to make price rises in the near term.
However, at the same time, I think that the company faces a difficult long-term outlook. I’ve alluded to this in previous articles on BP, Shell and the wider oil and gas sector. I feel that the investment made in renewable energy assets has generally been insufficient over the past decade. This has meant that many companies operating in the oil and gas sector now need to transition their business models at a fairly fast pace so that they can operate successfully in a low carbon economy.
By way of example, according to my calculations, BP generates less than 2% of its profit from renewable sources. Therefore, in a world that seems to be rapidly moving towards low-carbon assets, it may have to make significant investments for a prolonged period of time to wean itself off oil and gas.
I wouldn’t be surprised if investors maintain a cautious stance towards the BP share price while this process takes place. The company is making major changes to its business model that could cause relatively high volatility in revenue and profit in future. Therefore, I think there are better investment opportunities in the FTSE 100 for me at this moment in time that offer clearer paths to capital growth.
I do think that the company has a sound strategy. Equally, I am of the view that it has the capacity to deliver on it over the long term. However, I feel that the process of reaching that point could be more difficult than the stock market is currently pricing in while the company’s shares have a price to earnings ratio of around 12 using next year’s forecast earnings per share.
Therefore, I would need a larger margin of safety to be available before becoming more optimistic about the long-term outlook for the BP share price.
Disclosure: the author has no position in any stocks mentioned.
|
09/11/2020
19:37 | slinkyj: Motley fool write up giving BP the thumbs up for a buy signal. See belowBP surges 16%BP (LSE: BP) is another FTSE 100 stock that has taken a brutal battering this year. As I write, shares in the oil & gas Goliath have gushed 31.5p (15.7%) today, hitting 231.3p as I write. Yet 2020 has been the toughest year for the energy giant since the tragic Deepwater Horizon disaster of 2020. At their 52-week high on 12 November 2019, BP shares closed at 513.5p, roughly 2.22 times their current level. Alas, thanks to the combination of the Covid-19 crisis and an ailing oil price, BP shares collapsed to a 25-year low of 188.5p on 28 October. Since then, they have leapt by almost a quarter (22.7%), but are still cheap shares to me.Yes, BP is an 'old economy' business facing an existential crisis in the transition to a low-carbon future. Yes, the price of a barrel of Brent Crude has fallen this year from around $70 to $43. But BP has 'Big Plans' - including massive job cuts, asset sales and cost reductions - to return it to rude health. Meanwhile, these cheap shares offer a dividend yield of 6.9% a year (in cash, paid quarterly). That's a huge incentive to buy and await a better future for BP. That's why I would continue to buy it today - for me, BP still means Bargain Price!The post Cheap shares surge strongly on Monday. I'd buy these two while stocks last! appeared first on The Motley Fool UK.
|
06/11/2020
10:31 | cobourg1: Once the company sets the record date, the ex-dividend date is set based on stock exchange rules. The ex-dividend date for stocks is usually set one business day before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment.
Sorry Crazi but you're a day out.
|
05/11/2020
09:28 | sarkasm: TODAY
sarkasm
5 Nov '20 - 08:55 - 4899 of 4906 Edit
0 0 0
NOV/05/2020 Ex-dividend day for quarterly dividend
Ex-dividend date for ordinary shareholders and ADS holders 5-Nov-20
Record date for 3Q 20 interim dividend 6-Nov-20
Scrip available No
Election date: latest date for receipt of DRIP Dividend Mandate Forms/Elections for Ordinary shares 30-Nov-20, 5pm GMT
Election date: latest date for receipt of GID Dividend Reinvestment Dividend Mandate Forms/Elections for ADSs Contact plan administrators - www.adr.com/bp
Sterling cash dividend per ordinary share announcement date 7-Dec-20
Dividend payment date and first date of dealings in the new shares 18-Dec-20
|
05/11/2020
08:55 | sarkasm: NOV/05/2020 Ex-dividend day for quarterly dividend
Ex-dividend date for ordinary shareholders and ADS holders 5-Nov-20
Record date for 3Q 20 interim dividend 6-Nov-20
Scrip available No
Election date: latest date for receipt of DRIP Dividend Mandate Forms/Elections for Ordinary shares 30-Nov-20, 5pm GMT
Election date: latest date for receipt of GID Dividend Reinvestment Dividend Mandate Forms/Elections for ADSs Contact plan administrators - www.adr.com/bp
Sterling cash dividend per ordinary share announcement date 7-Dec-20
Dividend payment date and first date of dealings in the new shares 18-Dec-20
|
02/11/2020
06:34 | sbb1x: BP / RDSB will been lean mean fighting machines in 1 year from now. SHORT TERM PAIN ( 3 months ) for long term gain.THIS WEEK might be awful.1. UK lockdowns.2. Us elections.3. No deal brexit 4. Sell of towards dividend date because certain people don't like dividends believe it or not.5. ExDividend date drop 4p.6. Oil staying LOW or DROPPING because next OPEC meeting is 30th NOVEMBER, OPEC PLUS meeting 1st DECEMBER 1 Year from now should be double the 52 week low what ever that will be in next few weeks.SHORT TERM PAIN FOR LONGTERM GAIN
|
31/10/2020
14:59 | gibbs1: Https://www.fool.com/investing/2020/10/31/bp-vs-total-which-oil-company-is-better-positioned/
BP vs. Total: Which Oil Company Is Better Positioned for a Green Energy Transition?
Two oil giants are making big bets about the future. Which approach is the better option for long-term investors?
Reuben Gregg Brewer
Reuben Gregg Brewer
(TMFReubenGBrewer)
Oct 31, 2020 at 10:35AM
Author Bio
European oil giants BP (NYSE:BP) and Total (NYSE:TOT) have both taken stands on clean energy, with each pledging its support for alternatives to oil. However, there's a notable difference in the business trajectories these integrated energy giants are taking. Here's a look at what the companies are doing, and what it could mean for investors.
The quick change artist
In August, BP cut its dividend in half. For dividend investors that was terrible news, but it was, to some degree, a sign of the times. The economic closures used to slow the spread of COVID-19 earlier in 2020 led to a massive drop in demand for oil and natural gas. With excess supply piling up in storage, energy prices plunged, and BP's top and bottom lines went along for the ride. However, there was more to this cut than meets the eye.
Two hands holding blocks spelling out the words RISK and REWARD.
Image source: Getty Images.
Around the same time, BP announced it had a new business strategy. Basically, the global energy giant is shifting toward clean energy. That keeps it in line with current feelings toward carbon fuels as the world grapples with fears around climate change. However, it's a big change for an oil company to go green. For starters, BP intends to cut its oil and gas production by 40% by 2030, less than 10 years from now. Meanwhile, it wants to make a 10-fold increase in the number of electric vehicle charging points it owns, and a 20-fold increase in the amount of clean energy it produces. By 2030 40% of the company's capital spending is likely to be dedicated to low-carbon and clean-energy businesses.
This is a "jump in with both feet" approach. If something goes wrong along the way, there's not much fallback room. The problem with this is that BP is one of the most heavily leveraged oil majors, with its roughly 1.1-times debt to equity ratio above those of all of its major peers. So it doesn't have much wiggle room. And it's counting on the oil business, which it will be shrinking, to fund its clean energy push. If oil's price recovery is slower than expected or there's lingering industry weakness, it could be hard for BP to generate the cash it needs to cover its debt load and its new business plan.
Easy does it
Total is looking to make big changes as well, but it's taking a drastically different approach as it looks to shift toward cleaner energy alternatives. It is projecting that its oil production will decline from 55% of sales in 2019 to 35% in 2030. However, natural gas production will increase from 40% to 50%. Natural gas is cleaner than oil and is viewed as a key transition fuel as the world reduces its carbon footprint. That said, Total's overall sales are projected to be higher, so oil and gas sales will actually be up slightly over that time frame -- not lower, as BP is planning. The remaining 15% of sales in 2030 will come from clean energy and electricity, up from 5% in 2019.
That 5% figure is noteworthy, since Total has been more consistent in its investment in clean energy and electricity. For example, it has owned a stake in SunPower since 2011. BP, meanwhile, tried to rebrand as "Beyond Petroleum" at one point, signifying a shift toward clean energy. But it ended up dropping the idea and selling much of what it acquired in what proved to be an ill-conceived business plan.
Total's capital spending plan is more nuanced as well. Between 2015 and 2019 Total spent about 10% of its capital budget on clean energy. It will up that to 15% between 2021 and 2025, and then 20% between 2025 and 2030. The goal is still to use the legacy oil business to fund a transition to clean energy, but to do it gradually and without materially shrinking what has historically been a very profitable segment. The big change in the oil business is that Total intends to refocus around its lowest-cost oil and gas operations so it can better compete in a world with low energy prices.
BP Debt to Equity Ratio Chart
BP Debt to Equity Ratio data by YCharts
While Total also has a relatively heavy debt load, with debt to equity sitting at 0.77 times, the approach it is taking provides more wiggle room should things not pan out as expected. And it can always speed up its transition should it want or need to. It's a more balanced approach that conservative, long-term investors will likely find appealing.
Which company is right?
Nobody on Wall Street has a crystal ball, so it's impossible to know if BP's plan to effectively go all in or Total's slower shift will work out better. However, there is a fairly obvious risk/reward trade-off in each approach. If everything works as planned, BP will end up a big winner, and Total will look like it's moving relatively slowly. But it's worth noting that Total will still be moving in the right direction. U.S. peers ExxonMobil and Chevron are sticking with oil for now, which some might see as short-sighted.
If the transition doesn't play out as BP is expecting, it could end up flat-footed and behind the pack because it is materially shrinking its oil and gas business. BP isn't exactly taking an all-or-nothing stance, but weak returns in the clean energy space could be a huge drag on the company's overall results. Total, on the other hand, will likely be able to take some setbacks in stride, since it is basically looking to maintain and upgrade its oil and gas business while still building a clean energy operation. For conservative investors, Total's approach looks more appealing.
And it's worth noting that Total believes it can continue to support its hefty 10% dividend yield and fund its business transition as long as oil prices stay around $40 a barrel (though they've recently sunk below that level, so there is still dividend risk here). Still, the line in the sand aside, Total should be appealing to dividend investors looking to invest in the out-of-favor energy sector, with a bit of a clean energy hedge thrown in as a bonus.
|
31/10/2020
14:21 | sbb1x: They will been lean mean fighting machines in 1 year from now. Short term pain for long term gain.Next week might be awful.1. UK lockdowns.2. Us elections.3. No deal brexit 4. Sell of towards dividend date because certain people don't like dividends believe it not.5. ExDividend date drop 4p.6. Oil staying low or dropping because next opec meeting is 30th November, opec plus meeting 1st December!1 Year from now should be double the 52 week low what ever that will be in next few weeks.SHORT TERM PAIN FOR LONGTERM GAIN
|
29/10/2020
08:49 | sbb1x: If they cancel the dividend the pension funds will drop it like a stone and share price will collapse and a low ball take over offer will come in.Still think time to buy here is next week after election and after the dividend. Time will tell.BP has much better dividend than rdsb.
|
PLUS1
