Bp Share Discussion Threads

[pughman] 22/1/2024 10:33

Aside from the dividend/buyback debate, BP's finance costs in Q3 23 were over $1bn which restricts shareholder returns.

[abcurtis] 21/1/2024 11:33

He won't double down, he will continue the existing strategy and he will adapt it as society changes. I might expect to see more on biogas.

[gwatson56] 20/1/2024 11:33

A great article by A Neil. 100% my sentiments.

Given that the large holders of BP canvased for Murray to get the job I would hope (expect) they will get some sort of payback on results day, and the small holders might get some too. I have to admit if Murray doubles down on the green agenda I will sell my shares (not the gain I hoped for, but a gain all the same). Over to you Murray.

[hellscream] 19/1/2024 04:58

it would also get the guardians seal of approval DominicCummings!

didnt the country try that with a last government? black chancellor didnt last long did it.


3 wars ongoing with the socialist american government in charge., normality will start to come back when trump wins power.

[philanderer] 19/1/2024 00:26

BP hopes ‘safe pair of hands’ chief can help oil major catch up with rivals

[gwatson56] 18/1/2024 17:05

This was outside the paywall for me....... seems that the next set of numbers and pronouncements (or not) will allow for a pivot north (if positive). If not then at this discount might be worth a top up if it drops to 420 as it might yield 6%.

My guess is $1.5B buyback , increase of 10% in divi, biogas growth with the others in the green space having less to invest.

One thing is that the share price will move a lot come the digestion of the pronouncements on the day.

Roll on early February.

[laurence llewelyn binliner] 18/1/2024 11:14

#ADG, I watched a really interesting documentary on the Rigs of Nigg from the 70's, real boom time for the industry up there, I continue to hold for the dividends here but am also now looking to build a position in Shell to compliment my OnG holdings..

[veryniceperson] 18/1/2024 10:33

You can tell Murray is a big hit. Oil $78 a barrel, share price 446 year low, not brilliant, really.

[scruff1] 17/1/2024 21:20

On the positive side - the BoD shouldnt have to worry too much about this bloke shagging their wives - no doubt much to their wives disappointment. _:-)

[scruff1] 17/1/2024 18:47

It is tiny. Virgin Money 5.4% and £85k guaranteed before any capital loss. Not been a good few months at the bank of BP.

[adg] 17/1/2024 18:06

Yeah hellscream it’s looking pretty grim - relentless drop day on day and I hold no hope of an up day anytime soon - hope I’m proven wrong
Small tiny positive is that yield now 5%

[hellscream] 17/1/2024 17:26

last time we had 8 down days in a row was 15 years ago.

[spittingbarrel] 17/1/2024 08:36

447p should provide some technical support, if not we go much lower.

[scruff1] 17/1/2024 08:11

Looks like Im not on my own though apparently the big holders were keen on him which seems a bit weird - as I said its not very adventurous and doesnt smack of forward looking positivity. Bit dull IMO. In fact a bit like Sunak as PM

[scruff1] 16/1/2024 22:00

Doesnt smack of dynamism. Bit disappointing.

[veryniceperson] 16/1/2024 21:06

Personally, I really wanted an outsider to come in. Disappointed, new blood is good.

[gwatson56] 16/1/2024 19:57

UBS trims share price target .... still £6 + ... Does that take into account the news about to break I wonder.

[hellscream] 16/1/2024 17:27

im starting to think pension freedoms is killing our market, everyone at 55 are taking it out... its like the tap is left on. constant selling pressure.