ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

BP. Bp Plc

416.85
7.85 (1.92%)
04 Oct 2024 - 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
7.85 1.92% 416.85 16:35:25
Open Price Low Price High Price Close Price Previous Close
412.40 411.55 418.15 416.85 409.00
more quote information »
Industry Sector
OIL & GAS PRODUCERS

Top Investor Posts

Top Posts
Posted at 04/10/2024 17:01 by putinaire
In essence, no traders, no investor profits

Always appreciate those rhat determine your profit and loss investors
Posted at 04/10/2024 17:00 by putinaire
Also not sure how standard share accounts are not related to traders

It's those trading heavy in stocks direct, that move them. Not investors 😂
Posted at 04/10/2024 16:56 by putinaire
I could never understand how so many failed to use tax free spreads anyway

Just dont use margin

Let's say going to buy 10K bp. So each point move equals x in value.

Just bang the money in to a spread and let the value of the point move on a spread holding, equates to same as standard holding

Literally same monetqry risk and can just buy a quarterly or yearly spread so the costs are nought. A no brainer when ISAs are maxed out etc.

So, not sure why investors relate spreads to traders only. Some of the smartest investors I know, use them as a key tool. Even more so than CFDs

I'm a bit concerned to see this isn't standard on an investor forum really
Posted at 04/10/2024 14:54 by putinaire
Yes including longterm investing in a world changing day to day . It's why the unrealised loss rates on standard share accounts are same level as spreads after all

So let's run with that then re all methods are gambling . Nothing is assured.

Then break it down a bit. Informed gambling and uninformed

Well I dont know about you, but the weekend and weeks ahead can only be classed as the latter.

So let's put it at high risk gamble level for investors

Less for traders. They just run with market

Look at the buffer being made in ftse into weekend

Massive crash expected by the powers
Posted at 03/10/2024 07:25 by putinaire
Was good to see the lengths they would go to though.

Even illiquid stock is big rotation money. 10 investors a day , 2K average , 100K per week

Wouldn't want to be upsetting them 😂
Posted at 01/10/2024 21:28 by putinaire
Dangerous game, thinking this can be held to return back to initial capital one day. There may not be the profits to justify yield at all by 200s re Chinese alternative developments etc

Putinaire1 Oct '24 - 21:19 - 11867 of 11880 Edit
0 0 0
Traders and income investors only

Albeit at 500s, it became a trade for most income investors

Only so far can you push a 200s flatliner for income plus cap return
Posted at 01/10/2024 21:19 by putinaire
Traders and income investors only

Albeit at 500s, it became a trade for most income investors

Only so far can you push a 200s flatliner for income plus cap return
Posted at 05/9/2024 18:19 by davius
From II:

BP share price drop attracts bargain hunters

The price of oil has tumbled over the summer, dragging oil company stocks with it. Here’s what the experts think about the situation and potential for recovery.

5th September 2024 16:00

by Graeme Evans from interactive investor

The cheapest BP shares in two years today led to more strong buying interest among retail investors, despite this week’s fall in the Brent crude price to a 2024 low.

BP this morning ranked second on interactive investor’s list of most-traded stocks, with 89% of dealings by ii customers buy orders for the heavyweight FTSE 100 company.

Their belief that BP trades in bargain territory follows the 23% reverse for shares since April, a run that has left the stock 19% cheaper than this time last year at near to 415p.

Over the same one-year period, rival Shell shares are up almost 5% while the wider benchmark that tracks the global oil industry has fallen by just under 13%.

BP’s weakness comes despite increased shareholder returns, with a lower share count helping to drive a 10% rise in the 20 September dividend to eight US cents a share.

Having seen quarterly operating cash flows reduce net debt to $22.6 billion, BP has extended its share buyback commitment with another $3.5 billion due in the second half of 2024.

Finance director Kate Thomson said the move reflected confidence in BP’s performance and outlook for cash generation. She added: “We are maintaining a disciplined financial frame and remain committed to growing value and returns for BP.”

The share price pressure reflects City disappointment over April’s below-par first-quarter results and then July’s warning of headwinds that included weak gas price realisations, significantly lower realised refining margins and refinery impairments.

Morgan Stanley returned its recommendation to Equal Weight and cut its price target by 17% to 540p, warning that several quarters of weak earnings had put 2025 guidance at risk.

Bank of America said in July that it favoured TotalEnergies and Shell at a time when rangebound oil and gas prices, little organic volume growth and weaker refining margins put the industry’s aggregate cash flows under pressure.

It warned BP’s buyback commitments looked unsustainable assuming $80 a barrel next year.

The Brent crude price yesterday fell for the fourth day in a row to $72.70 a barrel, a reverse driven by a potential deal in Libya that would allow the country to bring back disrupted supply.

This followed speculation that OPEC+ may stick to its plan to increase monthly production by a modest amount of 180,000 barrels per day starting in October.

UBS Global Wealth Management said yesterday: “The market reaction to these supply stories shows how weak sentiment in the oil market is currently.

“Yet supply from the eight OPEC+ countries that have agreed to voluntary cuts has not changed — the earliest increase will come in October — and Libyan production remains low. So in our view, the oil market is still just as tight as it was a week ago.”

The bank described overall demand growth as healthy, with weakness in China following a robust 2023 offset by strength in India as well as in European countries like Italy and Spain.

UBS believes a return above $80 a barrel is probable: “While prices are likely to stay volatile in the near term, we retain a positive outlook and expect prices to recover from current levels over the coming months.”
Posted at 10/7/2024 07:01 by pj84
"BP ‘worth a look’, says Hargreaves

BP (BP) is suffering a second-quarter profit hit but Hargreaves Lansdown says investors should not be too concerned as elevated oil prices keep the stock ticking over."

...

"‘It still has one eye on the energy transition, and there appears to be little downward pressure on the oil price in the immediate future,’ Nathan explained. ‘This should keep both cashflow and generous distributions to investors flowing.’

With the shares trading at sub-8 times earnings and on a yield of 5%, Nathan said they were ‘worth a look’."
Posted at 20/3/2024 08:25 by zztop
Almost all of BP's biggest shareholders are unhappy with its shift to green energy, an activist investor has claimed, amid a growing backlash over the oil giant's focus on net zero targets.Giuseppe Bivona, chief investment officer of Bluebell Capital, which has a minority stake in BP, said he had spent the past three weeks talking to many of the company's top 30 investors.He said: "With only the exception of one shareholder, I am still to find someone who supports BP in its entirety."Bluebell is spearheading a brewing investor revolt after sending a 30-page letter to the FTSE 100 company in January.In the letter it urged BP to halt investment in renewable energy schemes, prioritise oil and gas production, and rewrite net zero targets to clarify that they will be achieved "in line with society".BP has been under increasing pressure over net zero commitments that have allegedly left shareholders £40bn poorer.Mr Bivona said he plans to share negative feedback with BP on a no-name basis, which he said will "clearly expose them to the fact that many investors are sympathetic to what we are saying". https://www.telegraph.co.uk/business/2024/03/16/almost-all-top-bp-shareholders-unhappy-green-strategy/

Your Recent History

Delayed Upgrade Clock