Bp Share Discussion Threads

[ben gibbons] 17/6/2022 11:23

Thanks for you help :-)

[daler1966] 17/6/2022 11:23

Share price will be up next week

[janhar] 17/6/2022 11:13

A windfall tax is just additional corporation tax and shouldn't be industry specific. It's theft - plain and simple. It should be across the board or not at all.

[geckotheglorious] 17/6/2022 10:49

Spawny100
Post 98147
Wont just be O&G profits governments will be eyeing - especially if a labour Govt gets in. Think housing stock profits!! Many people sitting on millions of £££'s (unrealisable of course until house is sold) but when has that stopped governments!

Strangely Pharma profits seem exempt!

[janhar] 17/6/2022 09:58

Interest rates, fear of recession and reduced demand, further windfall taxes - although the tightening supply and underinvestment should mean prices will continue to rise.

[spawny100] 17/6/2022 09:46

Rich and am that's my concern too. Cash strapped governments reeling from the stupidity of lockdowns will be greedily eyeing ballooning O&G profits to tap them and all in the name of their ludicrous net zero/Great Reset nonsense.

[ben gibbons] 17/6/2022 09:36

I'm not to clued up on bp so forgive me for my lack of understanding but why has the share price crashed down in the last few days coz oil and energy is doing well. Is it just the economic situation at the moment and fear of a recession?

[richvandam] 17/6/2022 08:59

I loosely agree with everything but the oil price.
It’s going to go higher due to current situation, issue maybe how governments decide to screw the majors out of more of there profits to pay for their misgivings.
Looney is worse than a man down, might as well be a politician instead of a CEO.

[boxerdogz] 17/6/2022 08:52

Porsche194517 Jun '22 - 08:50 - 98143 of 98143
0 1 0
@hellscream. Becos oil is on the way down, in 2008 it went from 150 to 54 in 12 months on recession and that is exactly what is happening to the world again, full on hardcore recession with high unemployment, tanking property ( see numbers from US yesterday, shocking ) but this time, rising rates, parabolic inflation ( and mad high taxes in Europe and UK ) to juice the effect. BP seems to have a particular set of problems, CEO is a deadbeat, the shares never even got back to a fiver. Also, US cant keep pumping arms into Ukraine prolonging yet another war that doesnt concern them, nobody really gives a fxck about Ukraine they want inflation down, that message likely to be getting through.

NAILED IT!

[porsche1945] 17/6/2022 08:50

@hellscream. Becos oil is on the way down, in 2008 it went from 150 to 54 in 12 months on recession and that is exactly what is happening to the world again, full on hardcore recession with high unemployment, tanking property ( see numbers from US yesterday, shocking ) but this time, rising rates, parabolic inflation ( and mad high taxes in Europe and UK ) to juice the effect. BP seems to have a particular set of problems, CEO is a deadbeat, the shares never even got back to a fiver. Also, US cant keep pumping arms into Ukraine prolonging yet another war that doesnt concern them, nobody really gives a fxck about Ukraine they want inflation down, that message likely to be getting through.

[boxerdogz] 17/6/2022 08:38

richvandam17 Jun '22 - 08:35 - 98141 of 98141
0 0 0
456 to 390 in a week….Absolutely crazy

Reccession looms large WORLD over = oil will suffer

[richvandam] 17/6/2022 08:35

456 to 390 in a week….Absolutely crazy

[eurofox] 17/6/2022 08:23

options expiry stuff

[hellscream] 17/6/2022 08:20

how is this possible with oil at $120? BP making $150million per day

they need to double down on the buybacks and take advantage of this

[janhar] 17/6/2022 08:00

https://oilprice.com/Latest-Energy-News/World-News/OPEC-Is-27-Million-Bpd-Below-Oil-Production-Target.htmlOnly one way for the oil price!

[veryniceperson] 17/6/2022 07:41

Let's hope your nasher's don't need any work done hellscream.

[skinny] 17/6/2022 07:24

BP renewables chief says more green hydrogen mega-projects on radar after Australia swoop.

[seanworld] 17/6/2022 06:43

Ball Deap17 Jun '22 - 00:36 - 98132 of 98134
0 0 0
I think we are going to see a huge implosion of the whole market, stocks crypto the lot.



At some point the implosion of the debt market will occur. Its all about the debt market. Was signs last 5 trading days the instability of the debt market was here.

10 year yield at the this moment back stable! FED buying the debt! ECB using special tools.

Could rally from here. Rally well. Then bang....

[hellscream] 17/6/2022 05:29

Biden trying to bite the hand that feeds him! nice to see exxon and chevron bite back, i expect BP will just roll-over as always.

[hellscream] 17/6/2022 05:20

wish i had some more hard-cash on the side-line veryniceperson! tho hording the money for the dentist check-up next week!

[ball deap] 17/6/2022 00:36

I think we are going to see a huge implosion of the whole market, stocks crypto the lot.

[the_man_with_the_pink_gun] 16/6/2022 18:35

PINOCCHIO PLEASE RESIGN.

[the white house] 16/6/2022 18:31

Up 4 bucks since lunchtime

[veryniceperson] 16/6/2022 17:43

Picked some more up at 405. Happy with that!