Bp Share Discussion Threads

[pughman] 14/1/2025 17:34

If as expected they reduce the annual buyback in Feb, bringing forward the dividend increase from August to Feb might assuage the market. In the last 6 months they will have bought back circa 5% of the company shares by Feb's results , so why not increase the dividend by 5%, and add the other 5% on the usual August timeframe.

[hellscream] 14/1/2025 16:54

adg, nope it's the 2ndQ dividend hikes are announced.

[geckotheglorious] 14/1/2025 14:55

penandnen
Post 100439
"Why on earth did they buy back 5m shares yesterday in full knowledge of RNS announcement next day would drop share price by 3%?"

Presumably because the buyback programme is already in operation, done by a third party investment bank, who would not have been privy to the contents of this mornings RNS.

[veryniceperson] 14/1/2025 14:08

Also, just a hunch they bring the share buybacks to a close.

[skinny] 14/1/2025 13:32

FWIW :- JPMorgan raises BP price target to 440 (425) pence - 'underweight'

[veryniceperson] 14/1/2025 13:05

1st quarter dividend hike announced. 90% sure.

[adg] 14/1/2025 12:26

Question: is it this Q final results when historically any dividend hike is announced?

[ball deap] 14/1/2025 11:40

Get ready for kier starmer to slip the sausage into investors

[penandnen] 14/1/2025 10:41

@Alphom. Incisive article. If only we could muster enough votes to call a EGM on this proposal. Too much groupthink running BP, methinks.

[alphorn] 14/1/2025 10:26

I had missed this article:

[penandnen] 14/1/2025 10:23

Beginning to think BP is a basket case needing more medical attention than CEO. Why on earth did they buy back 5m shares yesterday in full knowledge of RNS announcement next day would drop share price by 3%? Thank G most of my energy shares are not BP!

[action] 14/1/2025 09:37

In the meantime keep collecting qtrly juicy divi with bid speculation thrown in for free

[action] 14/1/2025 09:35

If pou d drop by 8% as predicted by pundits this will be 450p +++

[veryniceperson] 14/1/2025 07:48

Opening lower methinks. Well, it was a good run while it lasted!

[ayl30] 14/1/2025 07:27

RNS a tad underwhelming?

[penandnen] 13/1/2025 18:54

Was beginning to think I was overweight (12% of portfolio)in energy shares last Summer but had a feeling Russia and Iran would find it increasingly difficult to smuggle oil/gas into world supplies. Cold NH winter also now eating into inventories. Onwards and upwards for energy shares right now. Usual problems for me: Predicting the peak and pocketing max gains. Where does cash go next? Investing in UK plc looking like a bad idea! US tech stocks are a bubble waiting to burst? Maybe just spend some before next tax raid?

[action] 13/1/2025 10:55

Pound may tumble another 8% report on bloomberg now

[amishp67] 13/1/2025 10:26

Dollar on its way down which is a good sign

[action] 13/1/2025 10:19

Oil up and expected hit usd 90 as per pundits. BP has to make up its mind ie going up to 450p or down tp 400p . MM are making fortunes in day trading.

[veryniceperson] 13/1/2025 09:33

Absolutely right, pigeon

[pigeons] 13/1/2025 09:31

The only people that should get the jobs TO run the country. Should be people that can prove they're capable of doing it whether it be female or male At the minute, there's too many people getting jobs because of. their gender.

[hellscream] 13/1/2025 07:54

dont class depression and anxiety as sickness and save the country £20 billion a year.

will get productivity up aswell. easy.

[veryniceperson] 13/1/2025 07:30

Oil, Brent at $81.30 Barrell. Mid 80s about right for Brent