Bp Share Discussion Threads

[optomistic] 07/6/2019 08:08

buywell32 Jun '19 - 11:00 - 90698 of 90706
0 1 0
I expect OIL to fall to $50 this week and then go lower taking the USA markets down with it till end of june ... DJIA 21,000 and FTSE 6000 IMO ... I said this 4 months ago that the drop would begin with an OIL fall in June and the market low would be the end of june ... on the AV. thread


$50...buywell must be a typical analyst, think of figure, hoping to be right sometime.

[waldron] 07/6/2019 05:53

BP (BP) Outpaces Stock Market Gains: What You Should Know
June 06, 2019, 05:45:27 PM EDT By Zacks Equity Research, Zacks.com

Shutterstock photo

BP (BP) closed at $41.61 in the latest trading session, marking a +1.39% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.61%. At the same time, the Dow added 0.71%, and the tech-heavy Nasdaq gained 0.53%.

Heading into today, shares of the oil and gas company had lost 2.93% over the past month, outpacing the Oils-Energy sector's loss of 5.35% and the S&P 500's loss of 3.77% in that time.

Investors will be hoping for strength from BP as it approaches its nex t earnings release. On that day, BP is projected to report earnings of $0.86 per share, which would represent year-over-year growth of 1.18%. Our most recent consensus estimate is calling for quarterly revenue of $81.13 billion, up 5.5% from the year-ago period.

BP's full-year Zacks Consensus Estimates are calling for earnings of $3.41 per share and revenue of $311.73 billion. These results would represent year-over-year changes of -10.26% and +2.63%, respectively.

It is also important to note the recent changes to analyst estimates for BP. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.8% lower within the past month. BP is currently a Zacks Rank #3 (Hold).

In terms of valuation, BP is currently trading at a Forward P/E ratio of 12.02. Its industry sports an average Forward P/E of 11.11, so we one might conclude that BP is trading at a premium comparatively.

Meanwhile, BP's PEG ratio is currently 1.7. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. BP's industry had an average PEG ratio of 1.7 as of yesterday's close.

The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 70, which puts it in the top 28% of all 250+ industries.

[waldron] 06/6/2019 17:16

Brent Crude Oil NYMEX 60.62 -0.02%
Gasoline NYMEX 1.66 -0.42%
Natural Gas NYMEX 2.32 -2.52%

(WTI) 51.66 USD +0.21%


FTSE 100
7,259.85 +0.55%
Dow Jones
25,606.07 +0.26%
CAC 40
5,278.43 -0.26%
SBF 120
4,169.11 -0.34%
EuroStoxx 50
3,338.41 -0.08%
DAX Index
11,953.14 -0.23%
Ftse Mib
20,149.95 -0.03%




Eni
13.9 +0.23%


Total
47.24 +0.78%

Engie
12.99 +0.35%

Orange
13.625 -1.98%

Bp
543.5 +1.10%

Vodafone
127.98 -3.85%

Royal Dutch Shell
2,499 +1.56%

Royal Dutch Shell
2,516.5 +1.41%

[ariane] 06/6/2019 10:45

BP PLC (BP.LN) on Thursday said it has agreed to invest further into the deepwater Block 15 offshore Angola as part of a deal with the country's agency for petroleum, gas and biofuels.

The British oil and gas giant said its agreement with Angola's National Agency for Petroleum, Gas and Biofuels will see it extend the production sharing agreement for the block through 2032.

The deal will give Angola's state-run Sonangol a 10% stake in the block's equity interest.

The new investment is expected to result in an additional 40,000 barrels of oil a day and also includes a multi-year drilling program, BP said.

Once the deal is complete, Esso Anglo will retain a 36% interest, while BP Angola will have a 24% stake. The Angolan businesses of ENI SpA (ENI.MI) and Equinor ASA (EQNR.OS) will hold 18% and 12% interests respectively.

BP's Angola business is the operator of deepwater Blocks 18 and 31 offshore the African country and has interests in Blocks 15, 17, and 20, as well as the Angola liquefied natural gas project in Soyo.



Write to Oliver Griffin at [e-mail]; @OliGGriffin



(END) Dow Jones Newswires

June 06, 2019 06:13 ET (10:13 GMT)

[philanderer] 06/6/2019 08:31

Oil entered a bear market on Wednesday and those losses have broadly held into Thursday on fears of a supply glut following a jump in U.S. inventories. OPEC and Russian energy ministers will be meeting.

Bloomberg

[the_man_with_the_pink_gun] 06/6/2019 07:00

MUST WATCH !!!!!!!!!!!!!!!!!!!!

The GODS of EGYPT,, OUR Hidden Task Masters...Hiding Place GONE!!!!

[p0pper] 06/6/2019 05:59

There is so much oil in the world that there has to be at some time very shortly a big drop in prices as Russia especially will not keep cutting and has already stated that it needs the extra revenue so why should it cut. What ever happened to a free market, the oil price is the most fixed commodity, after precious metals, going and the biggest crooks are the U.S.

[waldron] 05/6/2019 16:13

Brent Crude Oil NYMEX 60.45 -2.45%
Gasoline NYMEX 1.69 -2.20%
Natural Gas NYMEX 2.39 -1.20%
(WTI) 51.41 USD -3.07%

FTSE 100
7,220.22 +0.08%
Dow Jones
25,456.72 +0.49%
CAC 40
5,292 +0.45%
SBF 120
4,183.4 +0.55%
EuroStoxx 50
3,340.95 +0.12%
DAX Index
11,980.81 +0.08%
Ftse Mib
20,158.57 -0.35%



Eni
13.868 -1.07%


Total
46.875 -0.73%

Engie
12.945 +2.29%

Orange
13.9 +0.65%


Bp
537.6 -1.29%

Vodafone
133.1 -0.43%

Royal Dutch Shell
2,460.5 +0.06%

Royal Dutch Shell
2,481.5 +0.10%

[hellscream] 05/6/2019 16:04

whats the point of opec cutting?, america just fills the void. might aswell just have a price war.

[bradbury3559] 05/6/2019 10:29

Come join the party #BBSN

[waldron] 04/6/2019 16:59

Brent Crude Oil NYMEX 61.81 -0.29%
Gasoline NYMEX 1.76 -0.73%
Natural Gas NYMEX 2.40 -2.40%
(WTI) 53.63 USD +1.53%

FTSE 100
7,214.29 +0.41%
Dow Jones
25,223.35 +1.63%
CAC 40
5,268.26 +0.51%
SBF 120
4,160.67 +0.49%
EuroStoxx 50
3,333.49 +1.10%
DAX Index
11,971.17 +1.51%
Ftse Mib
20,235.41 +1.82%


Eni
14.018 +1.43%

Total
47.22 +1.09%


Engie
12.655 +1.12%

Orange
13.81 -2.40%

Bp
544.6 +0.11%

Vodafone
133.68 +2.86%

Royal Dutch Shell
2,459 -0.55%


Royal Dutch Shell
2,479 -0.34%

[philanderer] 04/6/2019 11:21

BP to sell oil assets to Dubai company

[buywell3] 04/6/2019 06:07

A Macro problem that is going to affect ALL trading exchanges worldwide including commodity prices.


................ World Recession Risks Ramp Up ..................

.............. The cost of food is now going Up ..............


buywell posted a couple of weeks on African Swine Fever in China causing hundreds of millions of pigs to be culled as it has now affected ALL states in China and there is no cure and over 90% fatal.

This problem alone is causing Pork prices to spike in China as well as ALL meat and protein prices because pork is the number one protein of choice for Chinese.

Inflation in China is now rising due to this problem.
Pork prices look set to double by the end of 2019.

African Swine Fever has spread from China into Vietnam, North Korea, Mongolia , Cambodia and Honk Kong.



ALL of these countries are culling millions of affected pigs in an attempt to stop the spread of the disease.

ALL of these countries will need to import another meat product to replace Pork, especially China which has trade tariffs in place for USA pork.


BEEF is a logical alternative , and that might have helped the situation somewhat despite rising Beef prices following increased worldwide demand for it as a result of ASF.


................ THE GLOBAL PROBLEM NOW IS THIS ............... :

Mad Cow Disease has returned ... the disease that caused BSE in cattle in the UK and then was transmitted into humans as vCJD.


Brazil ... the worlds BIGGEST exporter of Beef has reported an outbreak of BSE and China has had to ban imports of beef from Brazil as a result.





BSE has NEVER gone away ... there have been several outbreaks in the USA since the vCJD crisis in the UK and one BSE outbreak just last year in Scotland.


GLOBAL INFLATION of protein prices will rise as a result of BSE / Mad Cow Disease in Brazil because other countries will also ban beef imports from Brazil to try to protect their human populations from vCJD.

Mad Cow Disease, BSE and vCJD are ALL prion diseases ... fatal within a year or so and no cure exists.

dyor
buywell

[the grumpy old men] 03/6/2019 20:10

BP Denies It Acted Improperly in Senegal Gas Deal
Print Share Font-size
06/03/19 10:51 AM EDT

By Oliver Griffin



BP PLC (BP.LN) has denied that it acted improperly with regards to the acquisition of its interests in Senegal after the BBC reported that the company is to pay billions for a suspicious gas deal in the country.

On Monday, U.K. broadcaster BBC reported that the British oil-and-gas company will pay around $10 billion in royalties to a company owned by Frank Timis for a stake in a gas field for which BP paid $250 million in 2017.

BBC Panorama and Africa Eye reported that the deal in which Mr. Timis's company secured the blocks was "suspicious." In a statement published on the BBC's website, Mr. Timis responded to the allegations by saying they were entirely false and baseless.

BP said it rejected any implication that it acted improperly. The company said it had conducted extensive and appropriate due diligence, including in the areas of ethics, compliance and anticorruption.

The full broadcast of the investigation, The $10 Billion Energy Scandal, is set to air on June 3 at 1930 GMT.



Write to Oliver Griffin at [e-mail]; @OliGGriffin

[ntv] 03/6/2019 20:06

BP involved in a dodgy deal?
When will they make a statement

[waldron] 03/6/2019 16:17

Brent Crude Oil NYMEX 61.81 -0.29%
Gasoline NYMEX 1.76 -0.73%
Natural Gas NYMEX 2.40 -2.40%
(WTI) 53.63 USD +1.53%


FTSE 100
7,184.8 +0.32%
Dow Jones
24,856.77 +0.17%
CAC 40
5,241.46 +0.65%
SBF 120
4,140.31 +0.53%
EuroStoxx 50
3,297.29 +0.52%
DAX Index
11,792.81 +0.56%
Ftse Mib
19,862.89 +0.31%



Eni
13.82 +1.77%

Total
46.71 +0.15%

Engie
12.515 +0.52%

Orange
14.15 +0.78%


Bp
544 +0.72%

Vodafone
129.96 +0.42%

Royal Dutch Shell
2,472.5 +0.47%


Royal Dutch Shell
2,487.5 +0.57%

[waldron] 03/6/2019 15:28

BP PLC (BP.LN) said Monday that it has agreed to sell its interests in the Gulf of Suez, in Egypt, to Dragon Oil, a subsidiary of Emirates National Oil Co.

The British oil-and-gas company didn't disclose the value of the sale but said it forms part of its plan to divest more than $10 billion worth of assets over the next two years.

BP said the deal is subject to approval from Egypt's Ministry of Petroleum and Mineral Resources and is expected to complete in the second half of 2019.



Write to Oliver Griffin at [e-mail]; @OliGGriffin



(END) Dow Jones Newswires

June 03, 2019 11:00 ET (15:00 GMT)