Bp Share Discussion Threads

[ariane] 01/11/2018 09:04

NICKED COURTESY OF

Skinny
31 Oct '18 - 09:13 - 90076 of 90080
0 3 1
Barclays Capital Overweight 565.20 705.00 Reiterates

Deutsche Bank Buy 565.20 620.00 Reiterates

[skinny] 01/11/2018 09:03

Brent under $75.

[optomistic] 01/11/2018 09:01

They give it then they take it away...nothing can climb away uninterrupted...or so it seems.

[champian] 31/10/2018 19:41

The sell volume was three times the buy volume.I wonder why!!!!

[waldron] 31/10/2018 17:09

Total
51.96 +2.40%


Engie
11.775 +2.93%

Orange
13.82 +0.88%

FTSE 100
7,128.1 +1.31%
Dow Jones
25,178.45 +1.22%
CAC 40
5,093.44 +2.31%

Brent Crude Oil NYMEX 76.13 -0.22%
Gasoline NYMEX 1.79 -1.06%
Natural Gas NYMEX 3.26 +1.49%



BP
567.3 +3.90%


Shell A
2,500.5 +2.61%


Shell B
2,565 +3.09%

[ny boy] 31/10/2018 10:55

Solid blue chip multi national play, that recently got thrown out with the bath water!

[veryniceperson] 31/10/2018 09:40

Traders paradise day. Let's see what happens later. But all is good with a nice rise.

[skinny] 31/10/2018 09:13

Barclays Capital Overweight 565.20 705.00 Reiterates

Deutsche Bank Buy 565.20 620.00 Reiterates

[waldron] 31/10/2018 08:26

Are share price gains ahead for BP plc, Tullow Oil plc, Royal Dutch Shell Plc and Premier Oil PLC?
Do these stocks offer upside potential? BP plc (LON:BP) (BP.L), Tullow Oil plc (LON:TLW) (TLW.L), Royal Dutch Shell Plc (LON:RDSB) (RDSB.L) and Premier Oil PLC (LON:PMO) (PMO.L)
October 31, 2018 Robert Stephens FTSE 100




Royal Dutch Shell Plc
Royal Dutch Shell Plc

The outlook for oil and gas shares such as BP plc (LON:BP) (BP.L), Tullow Oil plc (LON:TLW) (TLW.L), Royal Dutch Shell Plc (LON:RDSB) (RDSB.L) and Premier Oil PLC (LON:PMO) (PMO.L) could be relatively volatile in my view. Fears of a global economic slowdown could cause their share prices to come under pressure in the short run.

BP, though, could deliver improving share price performance in the long run. The company’s recent update showed that its profitability is moving higher, while further investment in its asset base could create a stronger business over the coming years.

With dividends rising and the stock yielding over 5%, I think the company could have improving income investing appeal. With a P/E ratio of around 13, I feel that BP could be undervalued at the moment.

Shell’s financial prospects appear to be improving. The company’s investment in its asset base could prove to be a sound move, while a focus on deleveraging could create a stronger business in the long run.

With Shell’s free cash flow forecast to improve over the next couple of years, I think the company could offer a rising dividend. On a yield of around 5.5%, I think the stock could offer good value for money versus the wider FTSE 100.

Tullow Oil’s strategy of ramping-up production could begin to pay off. The company is due to record a double-digit rise in EPS next year, and yet it trades on a P/E ratio of around 10. This suggests to me that the stock could be undervalued.

With Tullow Oil set to reduce debt levels over the medium term, I’m optimistic about its prospects in the coming years. While potentially volatile, its improving financial prospects and exploration potential make me upbeat about its capital growth outlook.

Premier Oil has focused on reducing costs and increasing production. This is set to lead to improving free cash flow, which could help to reduce debt levels.

While potentially volatile and risky, I feel that Premier Oil could offer a margin of safety. It has a P/E ratio of around 6 using next year’s EPS figure, which indicates to me that it may offer upside potential.




About Robert Stephens 4720 Articles
Robert Stephens is a CFA Charterholder and an Equity Analyst by trade. He is a passionate private investor who has been buying and selling shares for many years, owning a wide range of UK shares in the process. He has written for Citywire and The Motley Fool US and now runs his own business. To contact Robert, please email [e-mail] or use one of the other contact methods available on the 'Contact Us' page

[waldron] 30/10/2018 17:14

Total
50.74 -0.47%


Engie
11.44 -0.26%

Orange
13.7 -0.07%


FTSE 100
7,035.85 +0.14%
Dow Jones
24,648.43 +0.84%
CAC 40
4,978.53 -0.22%



Brent Crude Oil NYMEX 76.06 -1.09%
Gasoline NYMEX 1.81 -0.09%
Natural Gas NYMEX 3.18 -0.22%


BP
546 +2.02%


Shell A
2,437 +0.37%


Shell B
2,488 +0.75%

[ny boy] 30/10/2018 15:53

Excellent results, sold 555p this morning, having picked up 518p recently, bought back 540p, double my holding this time for ex divi on Thursday week 08 Nov!

[optomistic] 30/10/2018 15:06

Perhaps the drop is good? the tail of today's candlestick has touched the high of yesterday's candlestick, does that technically close the gap.
A view from who used to be a resident guru on here and expert in gaps (Bracke) would help.
...Are you around Bracke ;-/

[essentialinvestor] 30/10/2018 14:45

Brent below 76, two weks ago it was mid 80's.

[optomistic] 30/10/2018 14:38

What a disappointing performance this afternoon! How clever the pro traders have been today and the past weeks taking the share price down, back up this morning...and down again, profits taken all along the way.

[veryniceperson] 30/10/2018 14:30

There been well played today, good money been made. Were up 20 first thing.

[essentialinvestor] 30/10/2018 14:21

Yup, can't buck the oil price.

[skinny] 30/10/2018 14:19

Brent fallen below $76 again.

[dov] 30/10/2018 14:15

Will probably finish negative at this rate.

[waldron] 30/10/2018 11:01

By Sarah Kent

LONDON -- BP PLC said Tuesday its profit more than doubled in the third quarter, as strong crude prices put Big Oil on track to deliver record levels of cash this year.

London-based BP said its replacement cost profit -- a number analogous to the net income that U.S. oil companies report -- was $3.1 billion in the third quarter, compared with $1.4 billion in the same period a year earlier. Its underlying profits rose to $3.8 billion, a five-year high and roughly a third higher than analysts expected.

BP shares were up about 4% in early trading in London.

Exxon Mobil Corp., Chevron Corp. and Royal Dutch Shell PLC are all due to report results later this week.

Years of cost-cutting caused by the slump in oil prices are beginning to pay dividends for the industry's giants as the market rebounds. But investors remain skeptical, making solid delivery on results crucial for companies like BP.

Last week, French oil giant Total SA and Norway's Equinor ASA -- formerly known as Statoil -- both announced a sharp increase in earnings for the third quarter, while continuing to emphasize their commitment to control spending and grow production.

BP echoed that sentiment. The company said it remains committed to capital discipline and growing distributions to shareholders. The British oil giant has already delivered on popular shareholder programs, increasing its dividend in July.

BP said it's generating so much cash at the moment that, provided oil prices remain around their current range, the company will pay for its near $11 billion acquisition of BHP Billiton Ltd's onshore U.S. oil and gas assets entirely in cash. When the deal was announced in July, BP had planned to fund 50% of the purchase through equity.

"We're very confident in the outlook for the company," Chief Financial Officer Brian Gilvary said. "The oil price is currently north of $75; we break even at $50...we have more than sufficient surplus cash."

BP said it expects to complete the BHP transaction Wednesday. Linked to the deal, BP is planning $5 billion-$6 billion-worth of divestments, with the proceeds intended to pay down the company's debt.

It's also closing in on its ambition to return to production levels last seen before the company's fatal blowout in the Gulf of Mexico eight years ago. To pay for the disaster, which killed 11 people and caused the worst offshore oil spill in U.S. history, BP sold off billions of dollars of assets, shrinking its production. In addition to its acquisition of BHP's assets, BP started production from two new major projects this month.

"The key focus is growing the company," Mr. Gilvary said. "We laid out a program for 2021 with growth targets. We're ahead of those targets."

BP said payments related to the 2010 disaster amounted to $500 million in the third quarter, and are expected to total just over $3 billion this year. BP's landmark $20 billion settlement with the U.S. government in 2015 requires the company to make annual payments of around $1 billion through the end of the next decade.

Write to Sarah Kent at [e-mail]



(END) Dow Jones Newswires

October 30, 2018 05:46 ET (09:46 GMT)

[skinny] 30/10/2018 10:42

RBC Capital Markets Top pick 554.80 700.00 Reiterates

[gbh2] 30/10/2018 08:49

Dividend Exchange rate to be decided early Dec. Ex divi date 8 Nov 18

[zztop] 30/10/2018 08:47

Thanks chaps