Bp Share Discussion Threads

[optomistic] 27/1/2023 11:22

Thanks for those words of wisdom viscount, when in your opinion would be a good time to buy BP then?

[viscount1] 27/1/2023 11:20

High regulatory/antitrust bar for a deal that big amongst supermajors.

Also the "conservative" UK government will go mental and probably block it using anti-terrorism powers or some such nonsense.

[viscount1] 27/1/2023 11:17

That's right folks - jump in as it approaches 500p and then watch it bounce off and go down again.

[spawny100] 27/1/2023 10:56

I bought some here at that time at 186p but stupidly didn't hang on to them for long!

[veryniceperson] 27/1/2023 10:53

Hindsight is a wonderful thing. I'm thinking JDW at this very moment, dare i?

[mwainw1973] 27/1/2023 10:41

I remember walking around a field with my dog in Jan 21 contemplating going big on this and didn't when it was 200p. Boy do I regret that now lol

[optomistic] 27/1/2023 10:22

Eased back a touch now...had to get 'sticky' as 500 approached.
But it will surely get there and beyond.

[adg] 27/1/2023 09:55

It’d be a very welcome thing to happen for a company with great big Nads like Exxon or chevron to swallow bp and shell - get rid of the woke ESG agenda driven pansies in charge and fill their boots with management that actually have a backbone - get rid of the invertebrate jellyfish who are destroying shareholder (the real owners) value relentlessly as they have done with their weak childish pandering to the blinkered airheads

I would welcome the once great “alpha male” companies to rekindle their true identity again and stop pandering to kids on smartphones who know the square root of sfa about the realities and challenges of energy transition and what works and what is pie in the sky make believe mumbo jumbo (which is actually about 75% of green energy)

[veryniceperson] 27/1/2023 09:42

These have gone some in the last couple of days. Oil is 88 a barrel results out the week after next. Dividend up 4% as promised, gut feeling it could be 10% to keep up with inflation. Took over a billion shares of the market last year. Could easily be done.

[pdriccio] 26/1/2023 19:09

The point being that, as big as BP is in the small pond of UK equities there are some very large suitors out there which must be sliding the ruler over the very low valuation it is attracting at the moment. If Chevron is going to spend $75 billion on buybacks (which I do not think can go on indefinitely) there must come a point where they look for value in the energy sector elsewhere. Only my opinion.

[wolansm] 26/1/2023 18:11

And your point is......

[pdriccio] 26/1/2023 12:02

"Oil major Chevron stock rose 3% in after-hours trade on Wednesday after it said it would triple its budget for share buybacks to $75 billion"They could swallow BP and not make a dent in its finances!

[kasamavic] 25/1/2023 17:09

If that's the case it should plummet any week now.If only.:)

[wolansm] 25/1/2023 16:26

Great question I asked Scottish power this last month, the answer was it's hedged 6 months out which I don't believe,

[kasamavic] 25/1/2023 13:30

Off topic, but can anyone explain why the price we are paying for gas is so high?When you look at the future price and history from 2019 to 2021 it ranged between $2-3 per unit (or however it's measured).In 2022 (Russia's invasion) it peaked at $10 and domestic gas prices rocketed but now we're back down to $3 and yet domestic prices haven't dropped at all.I'm using the same basis as oil where fuel drops if the price of oil drops.Surely gas prices should work the same and we are being fleeced?

[waldron] 25/1/2023 07:40

BP’s Greater Tortue Ahmeyim FPSO sets sail for project site



By NS Energy Staff Writer 24 Jan 2023

The FPSO will travel 22,224km via Singapore and is expected to arrive at its final destination in Q2 2023

The Greater Tortue Ahmeyim FPSO has started its journey from China to the coasts of Mauritania and Senegal. (Credit: BP p.l.c.)

BP said that the floating production, storage and offloading (FPSO) vessel for the company-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project has set sail from China towards the project site off the Mauritania and Senegal coasts.

Following the successful completion of a series of sea trials, the FPSO has departed from Qidong on 20 January 2023, stated BP. Its construction at the COSCO shipyard took over three and half years.

The Greater Tortue Ahmeyim FPSO will travel 22,224km via Singapore and is expected to arrive at its final destination in Q2 2023.

According to BP, the floating vessel is a significant part of the major integrated Greater Tortue Ahmeyim LNG project development.

The project also includes subsea development of gas fields and near-shore floating LNG (FLNG) facilities. The first phase of the project is anticipated to produce about 2.3 million tonnes of LNG per annum.

The Greater Tortue Ahmeyim FPSO is expected to process natural gas by filtering condensate, water, and other impurities prior to exporting it by pipeline to the project’s FLNG facilities located 10km offshore.

It contains eight processing and production modules and will process nearly 500 million standard cubic feet of gas per day.

The FPSO, which will be positioned in around 120m of water, has an area equivalent to two football fields and 10-storeys in height.

Made up of more than 81,000 tonnes of steel, 37,000m of pipe spools, and 1.52 million meters of cable, the vessel will have up to 140 people on board during regular operation. The vessel will also serve as a base for the project’s production team.

BP Mauritania and Senegal projects vice president Rahman Rahmanov said: “We are developing one of the world’s most unique and innovative gas projects and the FPSO forms one of the most important components.

“Achieving the successful sail away of the GTA Phase 1 FPSO is a testimony to the tremendous partnership with our contractors Cosco Shipping and Technip Energies. By working together as one team, we have been able to create a culture of resilience and focus on safe delivery.”

[adg] 24/1/2023 13:17

Thank you so much for taking the time to put together and share your articulate and informative post👍

[pvpower] 24/1/2023 09:32

BP and Shell share prices are now disconnected from POO, Unlike(for instance)Woodside Oil which still seems to reflect changes on oil price. Have the ethical investing lot taken over completely? If so, how are they personally managing without petroleum derived consumer goods?

[hellscream] 23/1/2023 07:55

how many penny's we getting today! 1 or 2?

[adg] 21/1/2023 09:15

Out of curiosity - is it hell scream or hells cream or even he’ll scream ?
HAGW to all
7th Feb results
16th feb XD

[optomistic] 20/1/2023 22:10

hellscream...I'm in for a fiver this time, although the results could well take us beyond that. See how it goes amd move accordingly. BP has become a trading share in my mind...more so than the past, when I've moved in and out regularly picking up some nice divis on the way :-)

[hellscream] 20/1/2023 18:06

starting to think $100 oil might not be enough to break £5. think it might be the UK that is the problem.