Bp Share Discussion Threads

[gibbs1] 25/10/2020 14:50

Superiorshares
25 Oct '20 - 08:20 - 4709 of 4709 (Filtered)


0 0 0

as was your unhelpful idiot post

[pander45] 25/10/2020 11:35

Oil back into 30s

[purple11] 25/10/2020 08:49

fortune favours the brave

[la forge] 25/10/2020 07:36

The Guardian
Investors fear there'll be no bright post-Covid dawn for oil majors
Jillian Ambrose
Sun, 25 October 2020, 1:05 am CEST·3-min read

The oil market may have heaved itself out of the darkness of “Black April” but investors are far from convinced that major oil companies will walk away unscathed from the coronavirus pandemic.

Royal Dutch Shell and BP will both face investors this week with quarterly financial results that will deliver profits well below those achieved a year ago, against a backdrop of tumbling share prices and rising Covid infections across major economies.

On Tuesday, BP is expected to report an underlying loss of $120m for the last quarter, according to analysts’ estimates. This would be a major improvement on its underlying loss of $6.7bn in the second quarter, following heavy writedowns on the company’s exploration business, but would still be well below the $2.3bn third-quarter profit reported in 2019.

BP’s announcement will come days after its share price fell below 200p a share for the first time since 1994, and months after the company cut its dividend for the first time since the Deepwater Horizon oil spill and set out plans to cut 10,000 jobs.

In the same week, Shell is expected to reveal a modest underlying profit, of $146m, for the third quarter, according to analysts, after plunging to a loss of $18.4bn for the second quarter. This is still a fraction of the $4.76bn profit recorded in the same quarter last year, and follows the company’s decision to cut 9,000 jobs and reduce the dividend for the first time since the second world war.

This trend is expected to be followed across the world’s oil companies, tracking the fragile and uncertain recovery of global oil markets amid a second wave of coronavirus infections. The price of oil reached an average of $43 a barrel in the third quarter – stronger than the average of $30 a barrel in the second quarter, when US oil prices fell below zero for the first time in April – but still well below the $62 a barrel price that prevailed in the third quarter a year ago.

[pander45] 24/10/2020 16:53

That is brave considering, oil price likely to fall due to increased supply reports late Friday, Covid cases hitting record levels, tighter restrictions inevitable and the free pot of money to keep so many ships barely afloat will surely run out soon.....and as for Brexit well enough said.....Can you actually give me a fundamental positive at present?

[purple11] 24/10/2020 12:21

im betting on a rally to 2.30 area if they keep the dividend.

but noone knows what it will do

[laptop15] 24/10/2020 10:02

https://finance.yahoo.com/news/factors-pay-attention-ahead-bps-121512106.htmlWether to buy more or wait until after Q3 results that's the question

[johnwise] 24/10/2020 08:18

VIDEO

From Lara Flynn 3 hours ago.. "Dude! You forgot Alaska! I am at work on the oilfield right now "


Hannity: Biden finally tells truth with stunning debate confession

Sean Hannity calls the Democratic nominee's plan to 'transition' from oil and gas a jobs killer.

[sbb1x] 23/10/2020 20:16

Oil rigs up US oil rig w/w changes in key shale basinsPermian +3 to 132Eagle Ford +1 to 16Williston unchanged at 12Cana Woodford unchanged at 7DJ Niobrara unchanged at 3Baker Hughes #oott

[purple11] 23/10/2020 18:29

maybe maybe not.

we'll know on tuesday..........

and stocks are often marked up on fridays.if you were experienced youd know that.

[waldron] 23/10/2020 17:35

Brent Crude Oil NYMEX 41.96 -1.11%
Gasoline NYMEX 1.13 -1.39%
Natural Gas NYMEX 3.22 -1.26%
WTI 40.129 USD -1.02%

FTSE 100
5,860.28 +1.29%
Dow Jones
28,252.21 -0.39%
CAC 40
4,909.64 +1.20%
SBF 120
3,894.66 +1.14%
Euro STOXX 50
3,198.86 +0.91%
DAX
12,645.75 +0.82%
Ftse Mib
19,215.9 +0.73%



Eni
6.444 +1.62%

Total
28.08 +1.67%


Engie
11.365 +1.38%

Orange
9.518 +1.86%

Bp
205.5 +2.04%

Vodafone
112.6 +3.53%

Royal Dutch Shell A
971.8 +2.47%


Royal Dutch Shell B
940.6 +2.84%


Tullow Oil (TLW)
21.63 1.83 (9.24%)

[geardown107] 23/10/2020 16:52

Ah, so you're the group idiot!

[purple11] 23/10/2020 15:18

just a typical friday mark up

[sbb1x] 23/10/2020 14:01

The whole market is up today... brexit deal must be close...

[ohojim] 23/10/2020 13:36

It really is so frightfully common discussing money on financial bulletin boards.

edit: I am the winner :-) 2 thumbs down and counting...

[purple11] 23/10/2020 13:17

id never put that much on a stock.

i wouldnt be able to sleep at nite.just not worth the worry imo.

[geardown107] 23/10/2020 13:12

Or idiots, take your pick.

[slinkyj] 23/10/2020 12:44

This is boring when it flatlines

[trikytree] 23/10/2020 12:42

I’m in for £300k between this and RDSB. Average here 2.58 so allowing for dividends should be back in profit soon. Portfolio being held up by ITV and a few others at least. I’m in no rush so I’m not worried.

[purple11] 23/10/2020 12:25

no wonder you called yourself hellsceam!

still on the brightside you must be enjoying a handsome dividend?

do you think theyll slash or keep the dividend?

[purple11] 23/10/2020 12:16

wait a couple of years and youll probably get it.

corona will be over in the spring.could get to about 3.30 by then imo gl

[hellscream] 23/10/2020 12:13

need £4.40 for breakeven lol