Bp Share Discussion Threads

[veryniceperson] 04/4/2024 11:22

Surprised BP down 2. Brent $89 The only thing I can think of is profit taking. Results should be good. I can see all Sundrie crying out for a windfall tax. At the moment, BP is a cash machine. If you're a long-term holder, what's not to like.

[veryniceperson] 02/4/2024 09:16

Shell is up 82 so far today! $88 a barrel (Brent) oil rising.

[faz] 02/4/2024 08:14

Some of this is reinvestment of dividend of course. Nice four figure sum in my account over the weekend.

[veryniceperson] 02/4/2024 07:02

Fantastic start this morning. Now over the £5.00 with change. Hope it holds.

[johnwise] 02/4/2024 05:55

Capitalism Magazine

Scientists Acquit Fossil Fuels of Global Warming

[veryniceperson] 02/4/2024 05:50

Glass half full hellscream, like it

[hellscream] 02/4/2024 03:58

i can feel it, we're gonna slice through £5 to £6 like an hot knife through butter!

[gwatson56] 01/4/2024 18:55

Place your bets for the share price tomorrow. I am plumping for 510 to be reached as lots of issues re Israel / Iran / Syria this last 24 hrs. The $ has gained on the news and with OPEC behaving re quota adherence then BP / Shell are in a bit of a sweet spot, as to how long time will tell. BP imo is the better play with more upside..... as long as Shell don't make 'upping sticks' noises.

[gwatson56] 29/3/2024 16:40

Good read ... thanks Meb123

"Brokers AJ Bell suggest five companies with a combined valued of £230 billion that could be next to quit London, since they have large US arms. They are Shell, Pearson, National Grid, Diploma and Bunzl."

I always thought Shell would be 'upping sticks' to the US (primary listing) in the next few years. Might get some resistance if BP was to tread the same path..... worth it though imo.

[meb123] 28/3/2024 13:11

Worth a read https://www.standard.co.uk/business/london-stock-market-shares-crisis-new-york-financial-centre-city-exchange-lseg-fse-100-b1147995.html

[meb123] 28/3/2024 12:53

If it's manipulation I am not sure who are the perpetrators. So yesterday it went down a fair bit due to oil tanking a bit . However it has since recovered . However BO doesn't recover by the same amount . Defies logic all things being equal. I can only put it down to lack of faith in the shares . Ie the market doesn't believe the recent gains can hold and is keeping an eye on the potential for oil to fall significantly. All frustrating I'm afraid.

[veryniceperson] 28/3/2024 12:16

Perhaps they are manipulating the price, so we get more bang for your buck on the bye backs.

[veryniceperson] 28/3/2024 12:12

So true. They have not gotten a clue how to stimulate the economy and feel sorry for their wife's and girlfriends.

[meb123] 28/3/2024 11:56

Brent at 87 . Should be above 500 . Maybe we will get an Easter treat :)

[watfordhornet] 28/3/2024 11:14

Not helped by reducing capital gains and dividend allowances. They should be incentivising people to invest rather than reducing incentives

[veryniceperson] 28/3/2024 10:43

UK as a whole, meb

[meb123] 28/3/2024 10:20

There won't be any catch up unless it moves its listing to the US . I read somewhere that over 5 years the Ftse100 has only gone up by less than 10% compared to over 50% for S&P . This tells us what a sorry state of affairs the uk stock market is in .

[hellscream] 28/3/2024 05:10

sister companys like xom etc pulling ahead. we gonna have to play catch up!

[hellscream] 27/3/2024 17:09

few hundred million of divi money going in tommarrow. should be up.

[gwatson56] 27/3/2024 15:43

No not filled..... nearly made it just after 10am though. Will let it ride to EOP tomorrow.

[adg] 27/3/2024 12:44

Good luck
GWatson did you hit your 489 buy?
Fwiw I reckon 550 is nailed on this next 2 or 3 months also - that upgrade back to A1 is very good news and very welcomed - I’d forgotten all about that

[tuftymatt] 27/3/2024 10:16

Just got back in here having sold recently at sub 500.

Could have got a bit more by waiting a little and no doubt may be able to buy for a bit less too but I am happy to be holding again as I do think 500 could become a support level as the year progresses.

Good luck all 👍🏻

[pughman] 27/3/2024 09:04

Since the shares took a downturn on Q3 results due to weak gas trading and a write down of their US wind assets, BP have bought back 416.8m of their shares for $1.97bn at an average of £4.73. That's good value in my book.

[veryniceperson] 27/3/2024 06:42

$85.00 a barrel/Brent, there racking it in. Results should be good. As you say, hellscream is good for buybacks.

[hellscream] 27/3/2024 05:35

will be 10p down today, good for the dividend i guess. no point in buying high.

never seen a share held by the market like this one.