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BP. Bp Plc

394.60
-2.45 (-0.62%)
Last Updated: 15:43:01
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bp Plc LSE:BP. London Ordinary Share GB0007980591 $0.25
  Price Change % Change Share Price Shares Traded Last Trade
  -2.45 -0.62% 394.60 14,864,566 15:43:01
Bid Price Offer Price High Price Low Price Open Price
394.55 394.65 398.60 392.65 398.60
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Petroleum Refining USD 211.6B USD 15.24B USD 0.9368 4.23 64.59B
Last Trade Time Trade Type Trade Size Trade Price Currency
15:43:01 AT 458 394.60 GBX

Bp (BP.) Latest News

Bp (BP.) Discussions and Chat

Bp Forums and Chat

Date Time Title Posts
12/12/202409:59 BP100,326
20/11/202414:43BP. - Charts & News13,604
19/9/202418:32BP to benefit from oil price boom?429
17/12/202316:30BP - heap of festering tosh........just won't go up!!??32
01/9/202320:17British Petroleum Plc (basic display)14

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Bp (BP.) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:43:09394.602961,168.02AT
15:43:09394.604291,692.83AT
15:43:09394.604291,692.83AT
15:43:09394.601,3625,374.45AT
15:43:01394.604581,807.27AT

Bp (BP.) Top Chat Posts

Top Posts
Posted at 13/12/2024 08:20 by Bp Daily Update
Bp Plc is listed in the Petroleum Refining sector of the London Stock Exchange with ticker BP.. The last closing price for Bp was 397.05p.
Bp currently has 16,267,715,093 shares in issue. The market capitalisation of Bp is £64,428,285,626.
Bp has a price to earnings ratio (PE ratio) of 4.23.
This morning BP. shares opened at 398.60p
Posted at 10/12/2024 18:56 by marktime1231
So things now make more sense. Why would BP share price strengthen following an announcement about a globally significant wind farm investment JV? Because in reality it means BP has stepped back from prior plans to invest in a whole raft of wind farm projects around the world with various partners. Confirming a cut in suspended renewables investment to further concentrate on oil and gas, pandering to US market investors and continuing the reversal of BPs transforming to a greener future.
Posted at 10/12/2024 16:34 by martyre
BP p.l.c.: Release of a capital market informationSource: EQS Regulatory NewsBP p.l.c. / BP responds to 'mini-tender' offerBP p.l.c.: Release of a capital market information10.12.2024 / 17:10 CET/CESTDissemination of a Post-admission Duties announcement transmitted by EQS News - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement. Press ReleaseDecember 10, 2024BP responds to 'mini-tender' offerBP p.l.c. (BP) announced today that it has received notification that on November 19, 2024 TRC Capital Corporation (TRC) commenced an unsolicited, below-market mini-tender offer to purchase up to 4,000,000 of the American Depositary Shares (ADSs) of BP (equivalent to 24,000,000 Ordinary Shares, or approximately 0.1 per cent of BP's outstanding Ordinary Shares), at a price of $27.95 per ADS.  The TRC offer is being made at a 5.00 per cent discount to the ADS closing price of $29.42 per ADS on November 18, 2024, the last trading day before the offer commenced, and is below yesterday's closing price of $30.09.In addition to being below-market, the offer by TRC contains other terms which may be disadvantageous to tendering ADS holders.BP does not endorse TRC's offer, and BP recommends that ADS holders reject the offer and do not tender their ADSs in response to the offer by TRC. BP is in no way associated with TRC, the mini-tender offer or the offer documents.  The TRC mini-tender offer is not related to BP's own share buyback program to repurchase Ordinary Shares.TRC has made many similar, unsolicited mini-tender offers for shares of other companies. Mini-tender offers seek to acquire less than 5 per cent of a company's shares, thereby avoiding many disclosure and procedural requirements of the U.S. Securities and Exchange Commission (SEC). As a result, mini-tender offers do not provide investors with the same level of protection as provided by larger tender offers under United States securities laws. The SEC has issued tips for investors regarding mini-tender offers on its website at www.sec.gov/investor/pubs/minitend.htm and https://www.sec.gov/fast-answers/ answersminitenhtm.html. The SEC has cautioned investors about mini-tender offers, noting that "[s]ome bidders make mini-tender offers at below market prices, hoping that they will catch investors off guard if the investors do not compare the offer price to the current market price." The Canadian Securities Administrators have also expressed concerns with mini-tender offers in an investor alert ("Mini-Tender Offers - Watch Out For Mini-Tender Offers at Below-Market Price!") accessible at  BP urges ADS holders to obtain current market quotations for their ADSs, to consult with their broker or investment advisor, review the conditions of the offer and to exercise caution with respect to the TRC offer.  BP recommends that ADS holders who have not responded to TRC's offer take no action. According to TRC's offer documents, ADS holders who have already tendered may withdraw their tendered ADSs at any time prior to 11:59 pm New York City time, on Wednesday, December 18, 2024 by providing the written notice described in the documentation.BP encourages brokers and dealers, as well as other market participants, to review the SEC's recommendations to broker-dealers in these circumstances, which can be found on the SEC website at https://www.sec.gov/divisions/marketreg/minitenders/sia072401.htm.BP requests that a copy of this news release be included with all distributions of materials relating to TRC's mini-tender offer relating to BP ADSs. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.10.12.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Archive at www.eqs-news.comLanguage:EnglishCompany:BP p.l.c.1 St James's SquareSW1Y 4PD LondonUnited Kingdom End of NewsEQS News Service2048309  10.12.2024 CET/CEST?
Posted at 06/12/2024 07:55 by veryniceperson
Share price falling + 25 million share buyback weekly. Basically, the company is getting cheaper by the week.
Posted at 05/12/2024 20:35 by abc_001
They can't stop the slide. They have a new strategy announcement scheduled for Feb. So I assume the share price cannot be defended befor then.
Posted at 11/11/2024 16:34 by veryniceperson
With shareholders buyback 4.5 million a day, dwindling share price, this company is getting cheaper by the day. There could be a bigger fish just around the corner?Just my thoughts and others, I bet!
Posted at 08/11/2024 12:48 by syoung82
I think it's maybe time for the bulls on here to accept this share price never gets back to the £5 range. We are drowning in oil like never before. There will never be another shortage. What the price is just now is the top end range this will definitely be in the low £3 range in the next few months and trade at that for years to come
Posted at 07/11/2024 10:01 by gibbs1
Will the BP share price go gangbusters under President Trump?

The BP share price has had a rough ride lately and Harvey Jones says the FTSE 100 oil giant looks irresistibly cheap. But what is Donald Trump going to do?

Posted by
@HarveyJ49631067
Harvey Jones ❯

Published 7 November, 9:45 am GMT

The Motley Fool’s Premium Investing Services.

After slumping 21.36% in a year, the BP (LSE: BP) share price needs a kick up the backside. Is incoming US President Donald Trump the man to deliver it?

During the election, Trump made it clear he would green light more domestic drilling on day one of his presidency.

Most observers expect him to shove net zero ambitions aside, axe funding for renewables, and drill, drill, drill for fossil fuels. Trump may be unpredictable, but I think we can bank on him doing just that. US voters love lower fuel prices.




So why didn’t BP shares take off like a rocket yesterday? Plenty of FTSE 100 stocks with exposure to the US did just that.

Rental equipment specialist Ashtead Group, which generates almost 90% of its revenues from the US, jumped 5.56%, as investors anticipate cuts to tax and red tape. Defence specialist BAE Systems climbed 4.92% with Trump demanding Europe beefs up its armies.

By contrast, BP edged up just 0.36%, despite generating 29% of its revenues from the States. Rival Shell fell 0.61%. Presumably, that’s because if Trump does drill, drill, drill, it could trigger a fresh supply spike that will drive down prices.

On 4 November (with the US election apparently on a knife edge), the World Bank predicted significant oversupply, with oil prices potentially falling below $60 a barrel in the next few years. Next year, it predicted that “global oil supply is expected to exceed demand by an average of 1.2m barrels per day”. We’ve only seen that twice before, in 1998 and 2020.

The World Bank pinned this flatlining on China, rising electric vehicle (EV) sales, increasing use of trucks powered by liquefied natural gas, and rising production within OPEC+ and without. Experts at Axios added: “This new reality might keep a lid on consumer energy prices even as geopolitical strife intensifies. It could also wreak havoc on the longstanding economics that underpin oil production”.


This oil giant looks brilliant value

BP can breakeven at roughly $40 a barrel, so it’s hardly terminal. But profits, dividends and share buybacks may come under pressure.

Second-guessing oil price movements’s a mug’s game. For years, experts were warning we’d run out of the black stuff, and then the US discovered shale. Next, experts predicted the green transition would wipe out fossil fuel demand. That hasn’t happened either. Yet.

BP’s also at a disadvantage to its US rivals. The new Labour government has just slapped a fresh wave of windfall taxes on UK oil producers. Trump’s set to do the opposite, with plans to slash corporate tax to 15% in a huge boost for US rivals such as Exxon Mobil, Chevron and ConocoPhillips.

I bought BP shares recently and have no intention of selling. I want exposure to energy prices for diversification purposes at least. Also, the stock’s ridiculously cheap, trading it just 5.67 times earnings. And the trailing yield is a blockbuster 5.91%. I still think this will be a great long-term buy-and-hold proposition.

I’m keen to buy more BP shares and will take advantage of further dips. Commodity stocks are cyclical. It’s best to buy when they’re down, but with a long-term view.
5 stocks for trying to build wealth after 50

Inflation recently hit 40-year highs… the ‘cost of living crisis’ rumbles on… the prospect of a new Cold War with Russia and China looms large, while the global economy could be teetering on the brink of recession.
Posted at 29/10/2024 12:59 by marktime1231
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.
Posted at 20/10/2024 11:07 by putinaire
So in price terms re BP, SHEL and crude..they al have a specific price level above critical where they will no doubt all tank hard together.

SHEL's critical point in share price term is basically a bit higher than BP so less % drop thus far
Posted at 15/10/2024 09:22 by martyre
As long as the quarterly dividends are maintained, the oil price will eventually go up, and the share price will follow.One positive aspect is the buyback. Millions of shares are being cancelled at this low price, and this will provide support to the dividend payments.Let's see what the 29th October update brings. They may decide to scale back the buyback.
Bp share price data is direct from the London Stock Exchange

Bp Frequently Asked Questions (FAQ)

What is the current Bp share price?
The current share price of Bp is 394.6p.
How many Bp shares are in issue?
Bp has 16,267,715,093 shares in issue.
What is the market cap of Bp?
The market capitalisation of Bp is GBP 64.59 B.
What is the 1 year trading range for Bp share price?
Bp has traded in the range of 365.20p to 540.90p during the past year.
What is the PE ratio of Bp?
The price to earnings ratio of Bp is 4.23.
What is the cash to sales ratio of Bp?
The cash to sales ratio of Bp is 0.30.
What is the reporting currency for Bp?
Bp reports financial results in USD.
What is the latest annual turnover for Bp?
The latest annual turnover of Bp is USD 211.6B.
What is the latest annual profit for Bp?
The latest annual profit of Bp is USD 15.24B.
What is the registered address of Bp?
The registered address for Bp is 1 ST JAMES'S SQUARE, LONDON, SW1Y 4PD.
What is the Bp website address?
The website address for Bp is www.bp.com/.
Which industry sector does Bp operate in?
Bp operates in the PETROLEUM REFINING sector.

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