Bp Share Discussion Threads

[garycook] 04/7/2021 01:57

bountyhunter,Where do you get the 6% yield on BP.
BP Current Yield Details - 4.72%,but better than 0.3% as you quote.
Dividends Declared in Previous 12 months
Year End Type Announce Date Ex-Dividend Date Payment Date Dividend
12/2020 Q2 04-Aug-20 13-Aug-20 25-Sep-20 $0.0525
12/2020 Q3 26-Oct-20 05-Nov-20 18-Dec-20 $0.0525
12/2020 Q4 02-Feb-21 18-Feb-21 26-Mar-21 $0.0525
12/2021 Q1 27-Apr-21 06-May-21 18-Jun-21 $0.0525
Total: $0.21
Dividend Yield = Total Dividends Current Share Price
= $0.21 321.40p
= 4.72%

[bountyhunter] 03/7/2021 17:28

Bought some of these in the dip yesterday as I don't believe the rocketing oil and gas price has been reflected in the still very lowish share price here yet. Even if the share price stays about the same the ~6% Divi sure beats 0.3% in the bank for tied up savings and that's if BP stick to the full 50% dividend cut after what are likely to be earnings well ahead of expectations to be announced in the interims on 3 August, just a month away now. They may wish to keep the Divi the same to enable further investment in a green low carbon agenda which would be fine with me as you can't complain with ~6% yield anyway.

[gwatson56] 03/7/2021 17:05

BP did not issue the Trading Conditions Update this week (should have been yesterday)...
Perhaps they have that much $$ to count they are a tad busy.... Still I did find the weekly update useful to work out an element of profit for the qtr...

[skinny] 02/7/2021 09:59

More to the point Brent up £/$ down.........

[1lock] 02/7/2021 09:20

FTSE Up - BP down no consistency or confidence, hopefully this will change soon.

[spacecake] 02/7/2021 08:19

I see ExxonMobil is in the news, undercover reporters, lobbyists and shadow groups.
All quite a scoop and has been getting news coverage both sides of the atlantic.

[planit2] 02/7/2021 06:31

Ok, I thought they would do an update like they did on the 6th April. Shame if we have to wait to the results.

[hellscream] 02/7/2021 05:06

with oil and gas at this price BP is like Rishi Sunak, they are printing cash.

[time 2 retire] 02/7/2021 01:09

Planet2, BP half year results on August 3rd.

[planit2] 01/7/2021 22:43

Will there be a Q2 update in the next week and is there a confirmed date?

[smurfy2001] 01/7/2021 21:17

Sad isn't it.

[sbb1x] 01/7/2021 19:00

Hit 327.50. Not far from the 330 I called.Who down ticked my post yesterday fool

[marktime1231] 01/7/2021 15:32

Look at WTI go, is that because it is a long weekend in the US?

I wonder if there has been a soft signal from OPEC+ that it will continue to proceed cautiously, or a demonstration that demand is growing. Or is this just weak-kneed investors flip-flopping.

[veryniceperson] 01/7/2021 07:43

A few years back when base rates were 5 to 6% they could could use them as a brake or accelerator depending on how the economy was doing. Nowadays at 0.01% can't do anything.

[hellscream] 01/7/2021 05:01

funny because of housing the government has snookered itself on base rates...0-1% forever i guess.

[optomistic] 30/6/2021 15:04

Market maybe down because they have wind of a looney plan in the pipeline that will not be liked.
As you mention Hellscream with the oil at this price and talk of gas increasing fast from here BP should be flying...just like the aircraft and other transport it is fuelling around the world (which never stopped)
Next stop are the results which should be exceptional, if not they will have some clever explaining to do.

[hellscream] 30/6/2021 14:11

why is this even down with oil and gas up?

[marktime1231] 30/6/2021 13:12

Gas prices continuing to climb around the world, let's hope OPEC+ continue to manage things reasonably. The rise in Indian covid cases is a worry but does not necessarily take the steam out of demand in developed countries. Inflation ditto.

[sbb1x] 30/6/2021 12:33

Be back above 330 soon enough

[hellscream] 29/6/2021 06:13

the torys are looking at stealing pension funds again, redirecting it into more housing projects... this the reason shares at still trading at the same price 25 years ago? this lot are worse than the green party.

[simmsc] 28/6/2021 19:53

Leveraged oil betting (sadly only leveraged on the way down) lol