Bp Share Discussion Threads

[veryniceperson] 28/12/2023 09:37

They are recruiting with in. Nothing much will change. I'm afraid. But saying that we might be pleasantly surprised by an outsider coming on board. We need a tough oil man who takes no B S.

[action] 27/12/2023 21:22

As Monty says gift from stock market God.

[action] 27/12/2023 21:21

Wait for Jan24. You may get your 500p.

[meb123] 27/12/2023 15:47

This share seems to have difficulty getting past 470 let alone reaching 5 quid !

[action] 23/12/2023 22:55

Buy for qtrly divi.

[action] 23/12/2023 22:54

Base forming around 455p

[action] 21/12/2023 22:22

Tomorrow market closes 12.30pm. Only half day for festive season

[action] 21/12/2023 22:21

I still can't understand BP so down and out of favour when SPOG goes up and down 2% up and down. Sure 1+1 still equal 2...

[gwatson56] 21/12/2023 15:11

Ordinary share reporting is more opaque.....

RNS 8/12 .... 16,911,814,540....... final buyback of 4,389,304
RNS 12/12 ... 16,907,922,125 ( as 11/12 )
RNS 12/12 ... 16,903,532,821 ( as 12/12 ) ..... Difference of 4,389,304 ???

So how come the difference between 8/12 and 12/12 ?? when no buybacks reported after 8/12

RNS 14/12 ... 66,000,000 Ordinary shares issued advised 15/12

RNS 15/12 ... 17,173,532,821

The difference is 204,000,000 which are the ones taken from Treasury so that adds up....

[gwatson56] 21/12/2023 14:43

It could be that BP finance are not reporting correctly on RNS's. An example is Treasury Shares.....

RNS dated 8/12 ....... 931,791,666 shares in Treasury

RNS dated 12/12 ...... 931,267,664 for 11/12 and 12/12 shares in Treasury

Where did 524,002 Treasury shares go between 8/12 and 11/12 ???? there was no RNS.?

Sure 204,000,000 were issued out of Treasury and the current total is..727,267,664

Either I'm really missing something... or BP finance are trying some of those high alcohol mince pies.

Do the maths.... 524,002 Treasury shares circa £2.5M gone awol. Like I say summit could explain the delta just I cannot see it.

Idea's anyone ?

[veryniceperson] 21/12/2023 12:46

My thinking also. Why? Is something going on in the background? A merger, maybe? Larger buybacks in January? It's a mystery!

[gwatson56] 21/12/2023 11:34

VNP raised the point some time ago re buybacks. I took a closer look at the table of purchases completed. I attach an extract from the BP spreadsheet. It appears to have duplicate entries ?? The number to the right is million of shares purchased for the week noted..

30-Oct 3-Nov ..........17
6-Nov 10-Nov ..........22
13-Nov 17-Nov......... 22
16-Oct 20-Oct .........21
23-Oct 27-Oct .........22
30-Oct 3-Nov ..........17
6-Nov 10-Nov ..........22
13-Nov 17-Nov .........22
20-Nov 24-Nov......... 22
27-Nov 1-Dec.......... 21
4-Dec 8-Dec ...........22


It was noted in the Q3 results that $1.5B buyback (start 30/10 - end 2/2). Looking at the RNS's and above (last six lines) I get circa 125M shares whereas at a price of a £4.80 average BP would need to purchase circa 250M shares.

So unless I am intoxicated by mince pies and brandy cream and my calculations are wrong why have the buybacks stopped ??

[baddeal] 21/12/2023 09:29

Take the cash and pick when to reinvest. The brokers always do this as it's easy money for them

[the white house] 21/12/2023 09:21

But do the HK Chinese & Indians arriving in London outnumber those leaving. Probably

[spacecake] 21/12/2023 08:32

Press release
New vision to create competitive carbon capture market follows unprecedented £20 billion investment (wonder what happened to the old vision :-))




Louise Kingham, bp’s UK head of country and senior vice president of Europe, said:

We welcome the announcement of the UK government’s CCUS Vision, which sets out a bold plan for making the UK a global leader in carbon capture, utilisation and storage, as well as the positive steps forwards announced for both Track 1 and Track 2 CCUS clusters. CCUS has an important role to play in helping the UK deliver on its net zero targets and bp is committed to continuing to make progress on its projects, and helping to ensure this vital industry can deliver on its significant potential.

[adg] 20/12/2023 21:59

But where are they going? - I’m looking for somewhere to GTF to - but apart from IOM and Channel
Islands I’m not sure where isn’t being broken too by the fekkin woke lunatics

[f56] 20/12/2023 18:27

China, Russia, the UK, India and Brazil are currently the leading ranked countries which have the highest exodus of millionaires leaving to go and live in another country.

[hellscream] 20/12/2023 17:39

love barclays stockbrokers dividend bought at the top again... 100% of the time they do this.

[hellscream] 20/12/2023 17:25

BP going all woke. might be the reason veryniceperson.

UK going down the pan too.

socialism/woke... what a combo, new higher tax rate in scotland too, uk will be looking at that.

[veryniceperson] 20/12/2023 15:57

Thanks, skinny a good read, makes sense

[veryniceperson] 20/12/2023 15:56

Shell up 33p BP. Up 2.5p