Bp Share Discussion Threads

[ohojim] 04/1/2019 15:48

....ok sold half at 524 on that last little flurry, as it's the weekend coming up and anything could happen.

By the way, does anyone use Degiro for buying and selling? blimmin cheap fees!

[ohojim] 04/1/2019 14:05

Nice one Penycae. Prophet is a prophet. Same boat here having bought at the same time and the same price. But I be greeedier and reckon there's another 10p to be had within a fortnight, before it's trip back to a fiver. Mr Market will no doubt try to shake me free of this conviction, but having watched it sink into the 480s and recover this far, I have to stick to my target. Run winners cut losers ...teach a new horse to lay eggs, trick granny etc etc

[penycae] 04/1/2019 12:45

Afternoon all!

Just sold the batch I bought at 504, so happy with that for now.
Taken a short on US Crude as a day trade.

Trade well and prosper.......

[ny boy] 04/1/2019 08:10

Was a good buying opp. Sub 500p, a few of us added for sure, juicy quarterly divi too!

[waldron] 03/1/2019 17:04

Total
46.255 -0.86%


Engie
12.54 +0.00%

Orange
14.18 +0.60%

FTSE 100
6,692.66 -0.62%
Dow Jones
22,794.95 -2.36%
CAC 40
4,611.48 -1.66%

Brent Crude Oil NYMEX 55.42 +0.93%
Gasoline NYMEX 1.34 +1.35%
Natural Gas NYMEX 2.91 -1.62%


WTI - 03/01 17:44:02
46.73 USD +2.10%


BP
508.7 +0.28%


Shell A
2,341.5 +0.04%


Shell B
2,365 +0.06%

[hellscream] 03/1/2019 16:44

happy with £5, considering all the gloom around. hoping the tech crash mirriors the dot.com

[adrian j boris] 03/1/2019 10:56

I think the BP share price could be the best income play in the FTSE 100

Rupert Hargreaves | Wednesday, 2nd January, 2019 | More on: BP
Image source: Getty Images.

When it comes to finding FTSE 100 income stocks, investors have plenty of options. However, I think there’s one stock that could be a better income buy for your portfolio than any other blue-chip, and that’s BP (LSE: BP).

Today I’m going to be exploring why I believe this oil major has some of the best income credentials around.
Slow and steady

The first reason why is the group’s size. BP is one of the largest companies in the blue-chip index, and it is also one of the largest oil companies in the world. This size gives it the advantage of scale and the firm can cope better with downturns in the oil price than its smaller peers.

For example, when the price of oil crashed to a multi-year low in 2015/16, BP’s profit evaporated, but the company’s large, liquid balance sheet allowed it to keep its dividend steady at a time when many other smaller producers were struggling to stay alive.
Essential product

The second reason why I like it as an income stock is that it produces an essential product — hydrocarbons.

Hydrocarbons like oil and gas make the world go round, and even though policymakers around the world are taking giant steps to curb the use of dirty, polluting fuels, forecasts suggest demand for oil and gas is not going to drop off a cliff any time soon. In fact, analysts don’t expect the use of fossil fuels to peak until 2023.

At the same time, BP is investing heavily in renewable energy projects. At the beginning of 2018, the firm told investors it is looking to acquire more green energy businesses and is committed to reducing its carbon footprint.

Spending on clean energy projects is only a fraction of the group’s overall capital expenditure right now, but BP is changing and I’d rather see management grow into the renewables sector slowly like this, than rushing in and possibly making a costly mistake.
Cash cow

As one of the world’s largest companies, and one that produces an essential product, BP is well placed to deliver returns for investors for many decades to come. And when it comes to generating profits for investors, the company has an excellent record as well.

Its profitability is tied to the oil price, which makes earnings slightly challenging to predict. However, group diversification gives it some immunity to commodity volatility as the business operates both upstream (oil production) and downstream (refining and marketing) divisions.

Income from downstream operations tends to be more predictable than oil production revenue giving management a steady stream of cash to reinvest back into the business or return to investors. When oil prices rise, BP’s investors can expect windfall profits. That’s precisely what has happened over the past 12 months. City analysts believe it will report earnings per share (EPS) growth of 65% for 2018, a tremendous comeback from 2015 when the company lost $6.5bn.

And even though oil prices have fallen back from their 2018 peak, I think the company will remain profitable in 2019. Analysts seem to agree, with an EPS target of $0.61 (up 4% year-on-year) pencilled in for this year. Analysts are also forecasting a dividend yield of 6.4% for 2019. That’s well above the FTSE 100’s current average of 4.8%.

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Rupert Hargreaves owns no share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

[waldron] 02/1/2019 17:15

FTSE 100
6,734.23 +0.09%
Dow Jones
23,255.73 -0.31%
CAC 40
4,689.39 -0.87%

[waldron] 02/1/2019 17:10

Total
46.655 +1.03%


Engie
12.54 +0.12%

Orange
14.095 -0.42%

Brent Crude Oil NYMEX 55.60 +3.35%
Gasoline NYMEX 1.36 +4.63%
Natural Gas NYMEX 2.96 +0.58%


WTI - 02/01 17:46:15
46.89 USD +3.28%



BP
507.3 +2.29%


Shell A
2,340.5 +1.43%


Shell B
2,363.5 +1.00%

[optomistic] 02/1/2019 15:42

As I said skinny 'sudden turn in direction' not before time, hope it holds.

[skinny] 02/1/2019 15:31

Look at the daily for Brent - .

[sicker] 31/12/2018 16:01

A very Good New Year to you optomistic and all contributors to this board :-)

[sicker] 31/12/2018 15:56

happy year

[hellscream] 31/12/2018 13:41

the sooner this housing market crumbles, the better for us.. anyone bother investing
in the uk? do our pension funds buy shares?

[waldron] 31/12/2018 13:31

Total
46.18 +0.21%


Engie
12.525 +2.04%

Orange
14.155 +0.53%



FTSE 100
6,728.13 -0.09%
Dow Jones
23,062.4 +0.00%
CAC 40
4,730.69 +1.11%


Brent Crude Oil NYMEX 54.56 +2.54%
Gasoline NYMEX 1.33 +2.44%
Natural Gas NYMEX 3.12 -5.57%


WTI - 31/12 14:07:04
46.37 USD +1.96%


BP
495.95 -1.34%


Shell A
2,307.5 +0.28%


Shell B
2,340 +0.52%

[sicker] 31/12/2018 12:11

bliadhna ùr toilichte

[penycae] 31/12/2018 12:05

Blwyddyn Newydd Dda!

[waldron] 28/12/2018 17:07

Total
46.085 +1.62%

Engie
12.275 +2.12%

Orange
14.08 +0.93%


FTSE 100
6,733.97 +2.27%
Dow Jones
23,219.66 +0.35%
CAC 40
4,678.74 +1.74%



Brent Crude Oil NYMEX 53.13 +0.76%
Gasoline NYMEX 1.29 +0.51%
Natural Gas NYMEX 3.32 -6.32%

WTI - 28/12 17:47:55
45.33 USD -0.15%



BP
502.7 +3.47%


Shell A
2,301 +2.29%


Shell B
2,328 +2.62%

[highball10] 28/12/2018 08:22

From barclays

[borisjohnsonshair] 28/12/2018 05:32

Everything ok at home? You don't need to be frightened of people who look a bit different to you or have a different imaginary friend. Be positive!