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BP. Bp Plc

495.70
2.90 (0.59%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bp Plc LSE:BP. London Ordinary Share GB0007980591 $0.25
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.90 0.59% 495.70 496.00 496.10 498.75 493.30 495.45 36,110,224 16:35:27
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Petroleum Refining 211.6B 15.24B 0.8934 5.55 84.61B
Bp Plc is listed in the Petroleum Refining sector of the London Stock Exchange with ticker BP.. The last closing price for Bp was 492.80p. Over the last year, Bp shares have traded in a share price range of 441.10p to 562.20p.

Bp currently has 17,057,902,258 shares in issue. The market capitalisation of Bp is £84.61 billion. Bp has a price to earnings ratio (PE ratio) of 5.55.

Bp Share Discussion Threads

Showing 103776 to 103796 of 108925 messages
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DateSubjectAuthorDiscuss
02/11/2021
07:46
Better than average analysts expectations ( $0.92 eps )..... delivered $0.99 eps

Shell missed the average analysts eps estimate by 57.4%.... whereas BP are ahead by circa 8%..

So.... I would expect a gradual increase from here in share price ... if that happens we will see at opening.

Like the BL comment that ....

“When prices are high this is a machine that generates ENORMOUS amounts of cash”…..

The British oil-and-gas major made an underlying replacement cost profit of $3.32 billion in the three months through to the end of September, up from $2.80 billion in the previous quarter and $86 million in the third quarter of 2020.

This was above market consensus of $3.06 billion, provided by the company and averaged from the forecasts of 25 analysts.

The FTSE 100 energy group also said that it aims to execute a further $1.25 billion buyback before it announces its fourth-quarter results and that it expects upstream underlying production to be slightly higher than in 2020. This will be driven by a "ramp up of major projects, primarily in gas regions, partly offset by the impacts of reduced capital investment and decline in lower-margin gas assets," it said.

gwatson56
02/11/2021
07:40
It's seems to me that the company wants to buyback and cancel about 1 billion of its shares a year, which is good. That should support the share price and dividend. Make sense to me.
veryniceperson
02/11/2021
07:33
If it stays anywhere around $85 imagine the Q4 results……; !!
Average Brent for Q3 was around $70/bbl
Looney said they maintain breakeven is $40/bbl and their company financial forecasts assume a future price of $60/bbl to give a reference so when prices are high “this is a machine that generates ENORMOUS amounts of cash”

adg
02/11/2021
07:32
If it stays anywhere around $85 imagine the Q4 results……; !!
Average Brent for Q3 was around $70/bbl
Looney said they maintain breakeven is $40/bbl and their company financial forecasts assume a future price of $60/bbl to give a reference so when prices are high “this is a machine that generates ENORMOUS amounts of cash”

adg
02/11/2021
07:25
Sadly I was told apparently (if it’s the same person as elsewhere) he/she has an OCD type of obsession. I used to think it was just an idiot but if it’s somebody with a problem then maybe best let it lie.
adg
02/11/2021
07:24
Meanwhile - Brent back above $85.
skinny
02/11/2021
07:22
They have said they are using buybacks up to 2025. Dividend will increase by 4% per year (basically won't cost them any more due to the buybacks).

Shame they also had to report the mark to market losses and didn't have a corresponding gain in their trading.

Beat expectations with $0.99 per ADR, consensus was 0.94 so that is better than Shell.

Free cashflow was a bit less than I was expecting, there must have been a lot of cap ex so debt didn't reduce much for the first time this year.

At least they announced $1.25bn of buybacks which was more than the FCF.

planit2
02/11/2021
07:22
.



• With second quarter results, bp announced an intention to execute a buyback of $1.4 billion from first half 2021 surplus cash flow* of $2.4 billion. This programme was completed on 1 November 2021 with $0.9 billion executed during the third quarter.

• On average, based on bp’s current forecasts, at around $60 per barrel Brent and subject to the board’s discretion each quarter, bp continues to expect to be able to deliver buybacks of around $1.0 billion per quarter and have capacity for an annual increase in the dividend per ordinary share of around 4% through 2025.

• The board will take into account factors including the cumulative level of and outlook for surplus cash flow, the cash balance point* and the maintenance of a strong investment grade credit rating in setting the dividend per ordinary share and the buyback each quarter.

Underpinned by the disciplined execution of our financial frame, we have delivered another quarter of strong underlying earnings and cash flow. We are maintaining a resilient dividend, have reduced net debt for the sixth consecutive quarter, are demonstrating capital discipline and are delivering on our distribution commitment with a further $1.25 billion of share buybacks planned.

skinny
02/11/2021
07:20
Pathetic isn't it!
dovey21
02/11/2021
07:16
Bernard Looney on CNBC right now;
“When prices are high this is a machine that generates ENORMOUS amounts of cash”…..

adg
02/11/2021
07:14
Committing to increase divi by 4% I read
watfordhornet
02/11/2021
07:14
I was hoping for better results, rather have seen an increase in divi instead of further buybacks..... any thoughts?
financeguru
02/11/2021
07:12
.



• With second quarter results, bp announced an intention to execute a buyback of $1.4 billion from first half 2021 surplus cash flow* of $2.4 billion. This programme was completed on 1 November 2021 with $0.9 billion executed during the third quarter.

• On average, based on bp’s current forecasts, at around $60 per barrel Brent and subject to the board’s discretion each quarter, bp continues to expect to be able to deliver buybacks of around $1.0 billion per quarter and have capacity for an annual increase in the dividend per ordinary share of around 4% through 2025.

• The board will take into account factors including the cumulative level of and outlook for surplus cash flow, the cash balance point* and the maintenance of a strong investment grade credit rating in setting the dividend per ordinary share and the buyback each quarter.

Underpinned by the disciplined execution of our financial frame, we have delivered another quarter of strong underlying earnings and cash flow. We are maintaining a resilient dividend, have reduced net debt for the sixth consecutive quarter, are demonstrating capital discipline and are delivering on our distribution commitment with a further $1.25 billion of share buybacks planned.

skinny
02/11/2021
07:11
I was hoping for better results, rather have seen an increase in divi instead of further buybacks..... any thoughts?
financeguru
01/11/2021
16:14
knew it was a silly question ;)
carpingtris
01/11/2021
16:08
silly question/s... are Divi's here paid quarterly and do we expect any rise on the next divi payment? especially on the back of the oil price recently.
carpingtris
01/11/2021
16:02
Looks like quite a bit of anticipation / expectation built into today's rise.
skinny
01/11/2021
14:30
Going in the right direction
again.

hazl
01/11/2021
10:46
I think tomorrow results will be very good. So far today the shares are doing very well. I've often thought there are people close to the company and just maybe things can leak a bit. Who knows after all Brent at $84.45 a barrel.
veryniceperson
01/11/2021
10:14
Thoughts for tomorrow folks?
fwiw i think the Q3 RNS will be somewhat better than Shells shambolic Q3 update

adg
01/11/2021
10:02
Results tomorrow .big gains in profit
notbitcoin
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