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BP p.l.c. (BPAQF)

Other OTC - Other OTC Delayed Price. Currency in USD
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5.05-0.19 (-3.63%)
As of 02:03PM EST. Market open.
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  • r
    rob
    Algos AI software robots giving the shares
    to bp. bp will take the shares. Bring it on !
  • D
    Doug
    This article demonstrates two things. One, not enough new oil reserves are being discovered, which will lead to further oil scarcity and higher prices. Two, when it comes to discoveries last year, BP and Rosneft led the way

    The future will be extremely lucrative for BP shareholders in 2022. GLTA.

    https://oilprice.com/Latest-Energy-News/World-News/BP-Rosneft-Were-Only-Firms-With-Over-1-Billion-Barrel-Oil-Finds-In-2021.amp.html
    BP and Rosneft were the only companies to have delivered over 1 billion barrels of oil equivalent in discoveries last year
    BP and Rosneft were the only companies to have delivered over 1 billion barrels of oil equivalent in discoveries last year
    oilprice.com
  • r
    rob
    Today's low a 10% correction for the AI robots.
  • r
    rob
    Reported: bp repurchased 46,670,029 ordinary shares in London
    during the time frame 1/10/22 thru 1/20/22.
    Equivalent to 7,778,338 ADRs
    Approximately 0.24% of outstanding shares
  • G
    Garrett
    Reuters published an excellent article last Friday about the profitability of BP's charging stations compared to conventional gas stations. I believe BP's very large downstream business (BP, ARAL, ARCO, AM/PM, etc.) will pay big rewards in the coming years. BP can convert these stations to dual purpose, and nearly all of them have attached stores/cafes where customers can shop while they wait. The profit margin on the store merchandise is FIVE times that of a gallon of gas. See below for article. Hopefully, yahoo will not delete link.

    For BP, car chargers to overtake pumps in profitability race
    https://www.reuters.com/business/energy/bp-car-chargers-overtake-pumps-profitability-race-2022-01-14/

    For BP, car chargers to overtake pumps in profitability race
    BP says its fast electric vehicle chargers are on the cusp of becoming more profitable than filling up a petrol car.
    BP says its fast electric vehicle chargers are on the cusp of becoming more profitable than filling up a petrol car.
    www.reuters.com
  • w
    will
    Goldman Sachs increases price target to $50 fr $45
  • r
    rob
    Analysts continue to increase earnings estimates for bp
    $4.39 for 2022. Probably too low based on Brent oil
    in the 80's.
  • a
    ac
    I took this opportunity today to close out a covered call and added a touch more. Earnings are going to be good, and Europe needs that Russian BP Oil, so any sanctions won't touch that.
  • r
    rob
    After studying the trading pattern of bp in the U.S. and London.,
    I suspect there is a lot of Algos AI software trading bp technically
    with no thought to fundamentals. That's why Brent oil price can be
    up sharply and bp lower.

    I'm a pre-pandemic multiyear investor in bp at a higher price looking
    long term. Why ? I expect average Brent oil price to be higher for longer.
    bp is an oil & gas company now.
  • D
    Doug
    Funny how I linked an article saying JP Morgan modeled $150 oil if Russian invaded Ukraine. It disappeared almost immediately.

    The same thing happened to me a week ago. In that case I was logged off and couldn’t get back on. I had to create a new email.

    Both articles were from Zerohedge and I suspect that’s the problem. Zerohedge can get political and certainly upset those who are woke, but neither article was political.

    Anyway, he’s the same information from Bloomberg. Hopefully Bloomberg doesn’t upset Yahoo moderators.

    https://www.bloomberg.com/news/articles/2022-01-21/jpmorgan-war-games-economic-damage-of-a-150-oil-surge-scenario
  • L
    Lean Government
    BP and RDS-B announced investment of wind mills today and here goes the share price.
  • r
    rob
    Update: According to 6 analysts: 2022 average earnings estimates
    $4.54 high $5.14 low $4.14
  • r
    rob
    1/18/22 GS Jeff Currie on oil: https://youtu.be/sO_zMIh9eIA
  • r
    rob
    Reported: bp repurchased 41,170,029 ordinary shares in London
    during the time frame 1/10/22 thru 1/19/22.
    Equivalent to 6,861,672 ADRs
    Approximately 0.21% of outstanding shares
  • r
    rob
    Reported: bp repurchased 35,820,029 ordinary shares in London
    during the time frame 1/10/22 thru 1/18/22.
    Equivalent to 5,970,005 ADRs
    Approximately 0.18% of outstanding shares
  • D
    Doug
    As a BP shareholder I never thought I’d like to see crude oil prices pause for a few months but I am. Imo shareholders would be best served to see oil prices become boring right were it is now, with Brent at $84-$86 handles for the next few months. A gradual rise into the $90’s starting in April-May would then be perfect.

    Big moves now will only add to volatility later. I think BP shareholders would benefit from a pause and consolidation. And BP is absolutely printing money with oil and natural gas at current prices.

    Regardless, 2022 is going to be a great year for BP. There are just so many tailwinds for BP that will benefit shareholders. GLTA.
  • r
    rob
    Reported: bp repurchased 30,520,029 ordinary shares in London
    during the time frame 1/10/22 thru 1/17/22.
    Equivalent to 5,086,672 ADRs
    Approximately 0.15% of outstanding shares
  • D
    Doug
    I read an interview earlier today. It doesn’t really matter who and where. I copied it below because I think it is 100% spot on. It perfectly explains why oil prices are going MUCH higher. And remember BP has the largest oil reserves of all of Big Oil. GLTA.

    Q: Hi Harris, thanks for agreeing to chat. Let’s jump right into commodities: OPEC said this week they don't want oil to hit $100 / barrel. Is there a situation where you think OPEC is no longer in the drivers' seat in helping determine oil prices?

    Honestly, it’s out of their hands.

    Governments around the world are stimulating demand. They’re going crazy. They’re printing money and subsidizing users. At the same time, they’re making it amazingly painful for producers to produce oil. They’re withholding permits and blocking pipelines.

    They’re already talking about excess profits taxes and carbon taxes are next. Why would anyone increase production under these circumstances? Hence, non-OPEC production isn’t going up much.

    So, OPEC is left to make up the balance. They can talk about raising production by 400k/d, but they’re already almost out of spare capacity. They aren’t even hitting their own internal targets. It’s increasingly out of their hands at this point. Oil is going higher.
  • G
    Garrett
    BP share price just crossed $31. Checking the chart, there's not much resistance between here and upper $30's. In early 2020, BP stock price dropped precipitously from $39 to $31 in five weeks. With the company actively buying shares, the stock could move up quickly, esp. if oil prices are supportive.
  • G
    Garrett
    4th consecutive day of new multi-year high. Year-to-date, BP is the best performer of all the oil majors. I believe this will continue as the share price gap between BP and US oil cos. had reached a record high. That gap will continue to narrow in the coming weeks/months.