Bp Share Discussion Threads

[veryniceperson] 06/2/2022 08:56

With Amzon, people buy things they want. With energy companies, you need them to run your vehicle's and heat your homes. With energy prices going up, it might effect Amazon profits.

[smurfy2001] 06/2/2022 00:22

Oil giants BP and Shell are on course to make a combined profit of almost £40bn this year from the rocketing price of petrol and gas, fuelling calls for a windfall tax on energy firms to ease the cost of living crisis.



BP, which extracts oil in the North Sea, Alaska and the Gulf of Mexico, is this week expected to announce annual pre-tax profits in 2021 of more than £12bn, before signalling that it is on course to make a £15.5bn profit in 2022.

[philanderer] 05/2/2022 20:50

£40bn profits for BP and Shell fuel calls for windfall tax on energy firms

[hellscream] 05/2/2022 20:27

all the papers slagging off bp and shell shareholders saying were rolling in dividends.. yet not one mention of the 50% dividend cut in 2020!

what about house prices going up £50k in the last 2 years? that not evil? or amazon killing the high street rolling in $100B per quarter revenue!! what about the super rich in hedge funds who offshore for 100% tax reduction? nothing.

[veryniceperson] 05/2/2022 20:24

Thanks Gateside.

[cocopah] 05/2/2022 18:43

#Gateside thanks for the dividend and payment dates. Am I right in thinking the divi will include a 5% uplift on the last divi? 🤔

[gateside] 05/2/2022 17:20

Also added this year's dividend dates to the Header

Dividend dates for 2022

Ex-Dividend

17 February
12 May
11 August
10 November

Dividend Payment dates

25 March
24 June
23 September
16 December

[gateside] 05/2/2022 17:19

Tidied up the Header and added the following key dates in the header...

Financial Calendar 2022

8 Feb - Q4 2021 Results
3 May - Q1 2022 Results
2 August - Q2 2022 Results
9 November - Q3 2022 Results

[spacecake] 05/2/2022 12:08

hellscream, IMHO the transition to new renewable energy is a race but not helped by government actions, no support for repairing the rough gas storage field leaving the UK with 11 weeks of gas for 11 weeks of winter.
How on earth are investors supposed to take BP and partners CCS seriously when Centrica cant even keep a natural gas storage facility operational or make new storage available.

[hellscream] 05/2/2022 02:40

i wish bp would just slow down the green transition a tad (like 1-2 years). its not a race.

[marktime1231] 04/2/2022 23:45

Predictions for Tuesday?

How about net income of $5-6B so maybe £4.25B in proper money.

Dividend progression 4-5%, up to 5.7c per share, costs about $1B.

Another $1-2B knocked off net debt, it is next quarter I think where they have to fund the Horizon levy.

Another $1.5B buyback in the quarter ahead, this time to take shares off the table.

Investments? Disposals?

[shooter mcgavin] 04/2/2022 22:00

- General share chat Telegram. Bulls and bears welcome (You need the telegram app)

[hazl] 04/2/2022 18:52

The FTSE 100 on Friday closed lower, but it is performing better when compared to its European peers due to the outperformance of the energy sector, says Michael Hewson, chief market analyst at CMC Markets U.K. The energy sector is being backed by crude oil prices, pushing up to another seven-year high above $93 a barrel, Hewson adds, noting BP's share price above 300 points for the first time since March 2020 and Shell's similar performance in terms of moving higher and above 2,000 points.

Dow Jones

[hazl] 04/2/2022 18:50

Well oil'be it's absolutely gushing!

[cassini] 04/2/2022 14:52

TyM,

US open

[tymedici] 04/2/2022 14:46

Hmm, what's occurring.

[philanderer] 04/2/2022 14:37

Saudi Aramco, the world’s biggest oil company, eyes London for $50 billion IPO

[veryniceperson] 04/2/2022 13:44

Give it time; it will come through.

[gwatson56] 04/2/2022 12:44

Rosneft Oil Co. said Friday that it has signed an agreement with China National Petroleum Corp. for the supply of 100 million metric tons of oil to China through Kazakhstan over 10 years.

That's a lot of oil.

[gwatson56] 04/2/2022 12:44

Never had a red down tick for a full stop before..... must be a bot

Looking at Shell the results show $0.83 adjusted earnings per share.

Extract below shows that the analysts reckoned between $1.91 and $0.57


Current Qtr. (Dec 2021) Next Qtr. (Mar 2022)Current Year (2021) Next Year (2022)

No. of Analysts 4 3 6 6
Avg. Estimate 1.36 1.28 4.66 5.9
Low Estimate 0.57 0.49 2.22 1.77
High Estimate 1.91 1.75 5.89 7.84
Year Ago EPS 0.05 0.41 0.62 4.66


As a comparison the analysts reckon BP should be


Current Qtr. (Dec 2021) Next Qtr. (Mar 2022)Current Year (2021) Next Year (2022)
No. of Analysts 9 6 14 16
Avg. Estimate 1.17 1.14 3.32 4.02
Low Estimate 1.08 0.96 0.66 0.85
High Estimate 1.31 1.21 3.9 6.55
Year Ago EPS 0.04 0.78 -1.68 3.32

I am going to plump for $1.22, a 4% increase in Divi and Qtr 1 buyback of 1.75B

Reckon there is more upside than downside with BP at the moment.