Bp Share Discussion Threads

[pj84] 10/7/2024 07:01

"BP ‘worth a look’, says Hargreaves

BP (BP) is suffering a second-quarter profit hit but Hargreaves Lansdown says investors should not be too concerned as elevated oil prices keep the stock ticking over."

...

"‘It still has one eye on the energy transition, and there appears to be little downward pressure on the oil price in the immediate future,’ Nathan explained. ‘This should keep both cashflow and generous distributions to investors flowing.’

With the shares trading at sub-8 times earnings and on a yield of 5%, Nathan said they were ‘worth a look’."

[institutional investments] 09/7/2024 16:28

Just received an update direct from all funds

[philanderer] 09/7/2024 14:50

Jefferies analysts said they expect BP’s latest update to lead to an earnings downgrade of around 20% for the second quarter.

But Derren Nathan, head of equity research at Hargreaves Lansdown, said BP would be supported by rising oil prices.

[wolansm] 09/7/2024 14:41

Pre Deepwater Horizon the divi was that order of magnitude but slashed twice second time covid John Brown was a great believer in rewarding shareholders so now around 6p

[mackie] 09/7/2024 13:49

If you want div data one of the best sites is

[mackie] 09/7/2024 13:48

more like 5-6pence

[f1shy] 09/7/2024 13:45

Am I correct that BP. are currently paying a quarterly dividend of approx. 33-34 pence per share? Anyone able to advise?

[alphorn] 09/7/2024 13:18

you - getting tempted to write puts at this share price

[institutional investments] 09/7/2024 12:45

i reckon you will be able to stop forever. it's just a guess though

[action] 09/7/2024 11:53

Someone prediction of 450p may come true