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BP p.l.c. (BP)

NYSE - Nasdaq Real Time Price. Currency in USD
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28.23+0.87 (+3.18%)
At close: 04:00PM EDT
28.25 +0.02 (+0.07%)
After hours: 07:59PM EDT
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  • R
    R Mond
    BP selling stocks or buying. We need our dividend back 👍
  • r
    rob
    Reported: bp repurchased 345,121,715 ordinary shares in London
    during the time frame 5/3/22 thru 6/24/22.
    Equivalent to 57,520,286 ADRs
    Approximately 1.77% of outstanding shares
  • r
    rob
    Doug - I will continue to post buybacks at least once a week.
  • M
    Mike
    BP is projected to earn more than double what they made a year ago, yet the stock price is the same as what it was a year ago.
  • P
    Paul
    It is come to my attention that Europe is going back to Coal Fire plant. That worked out well didn't it. So is there ESG score going to go down? This just keeps on getting better and better.
  • D
    Doug
    Looks like EVs need continued subsidies to sell even in China. Nothing beats the internal combustion engine when it comes to affordability and reliability. This isn’t going to change. GLTA.

    https://www.zerohedge.com/markets/china-may-extend-tax-exemptions-evs-sales-dwindle
    The government is reportedly considering extending exemptions by roughly 200 billion yuan ($30 billion).
    The government is reportedly considering extending exemptions by roughly 200 billion yuan ($30 billion).
    www.zerohedge.com
  • D
    Doug
    The high estimates by analysts for full year 2022 and 2023 earnings are now $8.49 and $8.18 per share, respectively. These estimates are still too low but increasing. Average analyst earnings estimates for this year and next also continue to increase on an almost weekly basis.

    With a forward PE ratio less than 4 (currently it’s closer to 3 and maybe even below 3 if Brent prices stay above $110 per barrel), BP stock offers incredible value to investors. Also, don’t forget BP is currently retiring OVER 1% of its total shares outstanding each and every month. And BP will be increasing its dividend in August. What an investment opportunity!!!

    BP stock has held up well during the 2022 bear market. It will continue to beat the market and reward investors for at least the next couple of years imo. GLTA.
  • r
    rob
    $90 Billion cap, Net debt $27 billion reported on 3/31/22.
    Net debt should continue to drop by billions quarterly.
  • K
    Kyle
    So what's the plan now doug?
    You getting off this boat as well?
  • r
    rob
    Per Reuters: Russia is top oil supplier to China.
  • D
    Doug
    I can’t wait to use my dividend tomorrow to buy BP at these prices.
  • r
    rob
    Reported: bp repurchased 307,121,715 ordinary shares in London
    during the time frame 5/3/22 thru 6/20/22.
    Equivalent to 51,186,953 ADRs
    Approximately 1.57% of outstanding shares
  • D
    Doug
    Hopefully people took the opportunity to buy more shares late last week, particularly Friday, as part of a dollar-cost-averaging strategy. Today looks to be a very strong day as at this moment BP is higher by more than 5% in US pre-market. And keep perspective as BP is slightly up YTD while the Nasdaq and S&P are in bear markets. BP will continue to greatly outperform the markets in 2022.

    Oil companies have tremendous tailwinds. And BP stock, with a forward PE ratio less than 4 (perhaps close to 3), offers the greatest value of all of Big Oil stocks. Plus, BP is buying back stock currently at around a 12% rate annually. GLTA.
  • G
    Garrett
    Despite the fact that BP shares have been vastly outperformed by XOM & CVX, BP stock price actually fell more sharply today than the two big US oil majors. So BP lags dramatically on the upside but gets nailed harder on the downside.
  • r
    rob
    Bp's 22.03% position in Rosneft valued around $14.5 billion on the MOEX.
  • r
    rob
    Per FOX news: From Brandon's climate czar Kerry:
    Climate czar Kerry ripped over energy claim: 'We absolutely don't' need to drill for more oil
  • r
    rob
    Reported: bp repurchased 317,121,715 ordinary shares in London
    during the time frame 5/3/22 thru 6/21/22.
    Equivalent to 52,853,619 ADRs
    Approximately 1.62% of outstanding shares
  • M
    Mike
    Will the Dividend cause the stock price to go down 1.30 tomorrow?
  • r
    rob
    Reported: Institutions and employee share plan own around 74% of
    bp's ordinary shares outstanding in London.