Bp Share Discussion Threads

[sbb1x] 23/10/2020 07:36

Good luck for Tuesday friend. January update will be much much worse than the one on Tuesday

[sbb1x] 23/10/2020 07:20

Good Morning Dow futures redBrent 42.22$The trading update is out Tuesday morning, 2 more trading days people. Not long now.If dividend cut the pension funds will be dumping like the clappers.Red or black January update will be even worse as Brent is staying in the 40s until end of the year.

[plastow] 22/10/2020 21:53

I've traded this down .but we might see a USA election bounce but until travel is back to normal I'm a seller

[slinkyj] 22/10/2020 21:46

I'll remember this comment when I'm 30% up king fu panda

[amd7000] 22/10/2020 19:18

Seems like a damn good time to buy so I bought some today. Looking forward to a swift move up from here. :)

[sbb1x] 22/10/2020 19:04

Ho ho ho Merry Christmas c at 180 buddy only a matter of time Tick tock. Tic tok. Tick tock. Tic tok.Catch you all bright and early in the morning

[laptop15] 22/10/2020 19:04

https://www.bloomberg.com/news/articles/2020-10-22/bp-is-said-to-mull-sale-of-stake-in-constellation-oilfield

[the stinger] 22/10/2020 18:56

Sbbx, bottom was in at £1.94. Dont miss the ride to £3.20!

[sbb1x] 22/10/2020 18:55

Nothing changesUpdate 27th October bad news.30th October deadline for a deal on brevity.3rd November us elections. 180 all day long

[sbb1x] 22/10/2020 18:53

Don't miss the dividend being cut next week and this falling to 170/180

[pander45] 22/10/2020 18:52

Behave, look at that chart ffs

[the stinger] 22/10/2020 18:11

Sbbx, bottom was in at £1.94. Dont miss the ride to £2.70!

[gaffer73] 22/10/2020 18:08

I agree with the fool for once, bargain level

[geckotheglorious] 22/10/2020 17:53

Rachet and W1ndJammer.

Americans will vote for Law and Order.
And Democrat mayors/Democrat governors have shown they are incapable of maintaining law & order across so many of America's cities.

For that reason alone trump will win.

All that stands in his way is the fiddled ballot vote. ie Democrats cheating in spades.

[la forge] 22/10/2020 17:51

BP Is Said to Mull Sale of Stake in Constellation Oilfield

Kiel Porter and Kevin Crowley, Bloomberg News








(Bloomberg) -- BP Plc is weighing a sale of its majority stake in the Constellation oilfield in the Gulf of Mexico, according to people familiar with the matter, as it pushes ahead with a divestment program.

The oil exploration and production giant has reached out to potential buyers of the deepwater asset, which could achieve a value of around $200 million in any sale, the people said, asking not to be identified because they aren’t authorized to speak publicly.

The field is expected to attract interest from closely held peers and larger corporations, according to the people. A representative for BP declined to comment.

A sale would form a small part of BP Chief Executive Officer Bernard Looney’s plan to divest $25 billion in assets by 2025 to cut debt and transform the company into a clean-energy giant. BP is also in discussions about a sale of a roughly 10% stake in a key gas field in Oman, Bloomberg News reported in June. Investors have so far remained skeptical of the plans, with BP’s stock down 58% this year through Wednesday, giving it a market value of 40 billion pounds ($52 billion).

The Gulf of Mexico has emerged as a source of stability and a steady source of cash-flow during this year’s oil-price rout, in contrast to the previous six years when the offshore region was overlooked by many companies in favor of shale.

BP owns 66.7% of the Constellation field, which produces about 10,000 barrels a day, according to its website. The remainder is held by operator Occidental Petroleum Corp., which inherited it through its $37 billion purchase of Anadarko Petroleum Corp. last year. Occidental has so far held onto the former Anadarko Gulf assets, even as it’s been aggressively trying to sell elsewhere to raise money and pay down debt.

[laptop15] 22/10/2020 17:18

https://www.fool.co.uk/investing/2020/10/09/this-ftse-100-share-has-crashed-15-in-a-month-would-i-buy-sell-or-hold-today/Read this guys$833 BILLION WORTH OF OIL RESERVES 16p DIVIDEND.....

[slinkyj] 22/10/2020 17:12

Significant gap up tomorrow me thinks

[smartie6] 22/10/2020 17:00

I hope not. New holder today. 196p feel is a good buy in price and worked out well.
Guess we’ll see.

[pander45] 22/10/2020 16:58

Pulled trigger too soon, further to fall......much further.

[hellscream] 22/10/2020 16:51

love all this talk of peak oil, while 90% of planes are grounded, plane fleet will double in 20-30 years time.

[sbb1x] 22/10/2020 16:45

Dead cat bounce, nothing goes down in a straight line.

[plastow] 22/10/2020 16:39

Hope not I brought 12000 shares at 194.8 sold at 2 ...