Bp Share Discussion Threads

[putinaire] 29/10/2024 16:01

Brent in the 60s sooon wont help matters. In fact, it will make debt and yield look rather worrying

[action] 29/10/2024 16:01

His purpose is served by ruining the boa4d and making sure no proper conversation take place. May be another paid poster.

[putinaire] 29/10/2024 15:55

CLose at 369s if it keeps going like this. Somebody needs to stop selling

[putinaire] 29/10/2024 15:54

I doubt it's tanking because yield is safe

[kpe] 29/10/2024 15:36

Over 6% yield and climbing. Placed in an isa with no tax to pay. Thank you very much.

[pojscott] 29/10/2024 14:55

Who thinks this is a good buying opportunity ? and why?

[putinaire] 29/10/2024 14:22

Well, not so much an interest in BP. Names mean little to me. But interested in numbers

[putinaire] 29/10/2024 14:21

Surprised i needed to clarify that tbh

Sure i have an interest in BP. Wouldnt be a standard interest though

[putinaire] 29/10/2024 14:19

Just like talking to myself really

[kpe] 29/10/2024 14:15

Do you have any interest in BP? Just that you spend all day talking to yourself.

[putinaire] 29/10/2024 13:56

Somebody mentioned a headline elsewhere re debt inching up? Having a fkn laugh? Its up 20% in a short time

[putinaire] 29/10/2024 13:54

So it needs to find itself, and an appeasing fit for market for when its down there.

A lot to be done here. Maybe too much in market terms

[putinaire] 29/10/2024 13:52

Absolutely convinced they have to cut yield very deeply.

If do? Auto low 200s


If dont? SPG, Fitch and co will start junking it - auto low 200s

Hard to avoid either way

[putinaire] 29/10/2024 13:46

And to think, this is before the US election

[putinaire] 29/10/2024 13:34

See y'all at 369s, to discuss how long a stall to the lower primary pricing

[putinaire] 29/10/2024 13:33

Reaction to grey crunch price hardly surprising

[supermarky] 29/10/2024 13:16

here we go ....

[marktime1231] 29/10/2024 12:59

Curious to read one headline describing BP's Q3 performance as net debt "inching up". A quick look says net debt has swollen by about $1.6B in the quarter. From memory net debt was down as low as $21B a couple of years back but now stands at over $24B.

Meanwhile BP is powering ahead with buybacks at a rate which is exceeding available surplus cash flow. Fighting to hold up a share price which has been struggling, down again today.

Perhaps there are disposals in the pipeline which would sort that out, for example buying out Lightspeed in order to then sell it on. In an ideal world BP would be positioning for a post-peak oil scenario but has turned its back on that agenda.

Not tempted back in despite the low share price meaning dividends are looking attractive. Watching to see if there will be a retreat to the 300-350p range.

[action] 29/10/2024 12:10

And who will buy it I may ask

[the ploppolator] 29/10/2024 11:46

youve been fdk in everything you touch including ya mama

[putinaire] 29/10/2024 11:36

Buyback is one for the mates and fk you all

[putinaire] 29/10/2024 11:36

More buyback. The worst news possible for PI's. wouldnt you think they would have gone out and maybe invested a bit into RR's SMR side re a partnership or something like that? Shocking

[putinaire] 29/10/2024 11:33

It's an auld fossil now haha

[putinaire] 29/10/2024 11:29

EPS forwards, imo, still too high. Adjustments down coming on those of significant %s in share price terms