Bp Share Discussion Threads

[action] 05/1/2024 08:39

Chevron ceo on cnbc saying word will be using more oil and gas in 5 year time

[hellscream] 05/1/2024 08:34

america doing all it can to kill the planet, record production, why the bbc not attacking america?

[action] 04/1/2024 18:55

Time to buy SPOG tomorrow. No stamp duty if drops by 2%.

[action] 04/1/2024 18:07

I hope it goes up to 500p

[abcurtis] 04/1/2024 17:58

I don't doubt the possibility of a merger, feel it is unlikely but still a possibility. I just don't think a MM would have the resources to affect a 100bn gbp company share price. Small caps maybe

[meb123] 04/1/2024 16:54

Maybe I spoke too soon re passing 470p. Oil has tanked 2% after close lol. Oh well thatd investing for you . Always expect the unexpected!

[zam1] 04/1/2024 15:50

It has slowly gone down from morning start not quite sure it has yet.

[action] 04/1/2024 15:14

Do not under estimate power of MM and their money and information

[action] 04/1/2024 14:26

Mega merger is taking place in oil sector in America. So why not BP?

[meb123] 04/1/2024 12:55

Anyway I am reassured we have finally passed 470 which was a long standing resistance from where I stand . Onwards and upwards I say:)

[meb123] 04/1/2024 12:53

A MMs job is simply to make a market ie match buy and sell orders and make a small turn on each transaction. They don't have the remit to speculate on potential takeovers unless it's obvious so I don't think they have the ability or even the power to keep prices down purposefully:)

[abcurtis] 04/1/2024 12:43

Seriously? You think MM's are buying enough options to affect the market cap of a 100bn gbp company?I don't

[daler1966] 04/1/2024 11:22

A lot happing in oil industry recently,

[action] 04/1/2024 09:43

I 5hink bid is coming otherwise this would be atleast 490p today. Artificially kept low by MM.

[zam1] 04/1/2024 05:29

Lots of big sales after market close yesterday.

[hellscream] 04/1/2024 05:29

pension freedoms sucking the life out the market ACTION.

oil at $100 might be the shock we need.

[action] 03/1/2024 21:25

Oil up 3% and no change in BP share price

[laurence llewelyn binliner] 03/1/2024 15:43

The recent bomb blast in Iran today on the anniversary of the death of General Soulimanie can only impact and accelerate the tensions in the Red Sea and oil tanker transit problems..

[philanderer] 03/1/2024 00:01

Britain faces fresh inflation headache as Maersk suspends shipments

Disruption risks driving oil prices and shipping costs higher in wake of Houthi attacks

2 January 2024 • 7:05pm

[veryniceperson] 02/1/2024 20:00

Back to buybacks. 5 million +

[adg] 02/1/2024 15:18

The morons who seem to be paid large sums of money to oversee SBB’s probably waiting until the BP share price is well over 500 again before resuming…

[veryniceperson] 02/1/2024 15:14

Thanks, appreciated, gwaston

[gwatson56] 02/1/2024 14:32

I emailed BP regarding the incorrect spreadsheet containing share purchase's by week with duplicate entries. I can now see that BP have corrected the spreadsheet and removed the duplicate entries. I would expect to see a resumption of buybacks as they seem only to have bought back circa 50% of approved purchases up to results in early February. Should be 6M shares a day by my reckoning. If purchases do not resume then its head scratching time :-)

[pj84] 02/1/2024 10:59

From the article below on the dividends being be paid by the 5 major oil companies: -

"BP used its second-quarter results last year to tell shareholders to expect a 10% dividend raise in 2023, well above its initial guidance. The company had promised to raise the dividend by 4% each year and buy back about $4bn of shares, assuming the oil price was about $60 a barrel, but over the previous four quarters BP had repurchased $10bn of shares and increased its dividend by 20%. The handouts were particularly surprising after the company reported a deeper-than-expected profit slump. They were welcomed by investors, amid concern among some about the plans of the former chief executive Bernard Looney to “reimagine” BP as a net zero energy company by 2050."