Bp Share Discussion Threads

[veryniceperson] 01/9/2023 08:35

Totally agree. I've been adding on weakness. Perhaps some of the world has woken up. We still need oil. Oil isn't going anywhere, just yet!

[faz] 01/9/2023 08:17

up strongly today- I still think this is underalued

[trikytree] 31/8/2023 19:40

BlackDonkey23 - Biggest troll on ADVFN.

[adg] 31/8/2023 14:50

Ignore the fool - it is a muppet of the highest order

[daler1966] 31/8/2023 09:39

No Quarterly Dividend with Pfc

[blackhorse23] 31/8/2023 08:07

Switched to PFC , excellent timing

[adg] 28/8/2023 15:56

ADRs doing well in USA so perhaps a good day tomorrow

[hellscream] 23/8/2023 16:42

buybacks seem to have no effect anymore, just hope oil holds above $80.

[younasm] 23/8/2023 14:53

Adding at these levels, 468p. Not much strength in share price or oil price. These could fall below 460 soon.

[florenceorbis] 23/8/2023 08:24

EV charging is a “core business” in BP’s transition strategy

Demand for oil is forecast to gradually decline from the mid 2030s, but BP is emphasising EV charging as a transition growth engine. By Will Girling

August 23, 2023



The early to mid 2030s are set as a phase-out period for new internal combustion engine (ICE) vehicles in Europe, North America, and some territories in Asia. Until then, demand for oil is still expected to steadily increase for much of the preceding decade. However, the clock is ticking for Big Oil.

A July 2023 report from global research firm Wood Mackenzie forecasts that industry output will peak at 108 million barrels per day just as ICE phase-outs begin to take effect. From that point on, it expects electric vehicle (EV) uptake to be the primary factor that gradually displaces and reduces oil demand.

[adg] 23/8/2023 07:45

Dunno blackdonkey69 - who is BP engineering partner

[blackhorse23] 21/8/2023 10:00

Added PFC today who is BP engineering partner

[daler1966] 18/8/2023 16:58

https://www.ii.co.uk/analysis-commentary/ii-view-bp-transforms-dividend-grows-ii528910

[meb123] 17/8/2023 11:05

I'm surprised holding up well .

[dominiccummings] 17/8/2023 11:02

...but actually, OK

[meb123] 16/8/2023 21:25

Apologies, not

[meb123] 16/8/2023 19:33

Oil is taking a beating this evening. Tomorrow is going to be pretty for BP shares

[adg] 16/8/2023 07:31

Fwiw I think if Brent hits $90 BP will be over £5 let alone WTI hitting $90 (which would infer a Brent price of circa $95)
Imho 3Q figures will be the springboard to the next leg of BP and Shell journey to £6 and £30 respectively

[younasm] 15/8/2023 17:37

BP went as high as 497p within last 10-trading days (intra day)Assuming WTI does not exceed $90, we can expect BP trading range of 455-490pLet's see what happens with inflation and interest rates in September

[tuftymatt] 15/8/2023 12:38

I would say $90 should see us at £5 subject to a half decent market also which we most certainly don't have right now!!