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BP PLC (BP)

London
Symbol
Exchange
Currency
BPLondonGBP
3LBPLondonGBP
3SBPLondonGBP
BPlBATS EuropeGBP
BPNYSEUSD
BPNMexicoMXN
BPNBIVAMXN
BPSwitzerlandCHF
BPEzTradeGateEUR
BPXetraEUR
BPTradeGateEUR
BPFrankfurtEUR
BPEzFrankfurtEUR
BPBuenos AiresARS
Currency in GBP
Disclaimer
524.80
-1.50(-0.28%)
Closed

BP Price Commentary

Should see 340 soon
fundamentally oil prices high and technically looks like it ready to pop!:)
true I sold and looking to buy in a month
u might have to buy at 400p :P
lots of upside left here. easily looking at a 50% upside over the next year or two
gets below 305, putting in
BP still buying back?
they purchased just shy of 11million shares on the 4th. but yes if all things go well there will be further buy backs later down the line.
376 up above bullish sentiments oil price rises
300p long term bet ?
Should see a nice uptick to around 3.10 on those results, back to 3.30 in a few weeks.
*oil majors. I don't get why there is such a discrepancy. I believe US oils majors are like twice as expensive per cash flow or something. And BP, Shell have brought themselves in good positions by firm corona measures earlier this year.
yep no idea, the price was 20% higher in the midst of the pandemic last year when no vaccine was available, total uncertainty as to when a recovery could happen. Now with more than 5 or so in use and many more being phased in surely a path to recovery is in sight. When i saw these results it seemed a clear buy signal, oh well my average is still 295, I will continue to add more as and when I can :)
I agree the discepancy between the US and UK oil companies is farcical. Exxon looks overpriced while BP and Shell look bargains
No value at 300p wait for the price to drop-I've set a target price of sub 275 then buy back in... Oild is rising and BP not responding maybe not "agile enough" better value with Ukoil&Gas (up 30%) and bahamas pet, scirocco oil etc...
You not reckon there will be any substantial movement upwards with earnings Tuesday?
Very slow to rebound oil prices up!
Looking like they might take it to 290
Buy back. Looks like it could dip below 295 short term
BP are buying their own shares. That must mean they have loads of cash and kind find nothing else to invest in. Hence their proposal to invest in green energy to be net carbon zero by 2050 is more BS.
they are purchasing green energy factories in Midlands. ones my friends work in?
Totally agree
Share price is going up... Why wouldn't BP buy them back? Resell in 6 months gives more investment capital, don't you think?This tactic also reduces supply which also increases SP.I get the logic here.
retracenent has slowed down. upward trend coming!
Up
Retracement back to 270p before the uptrend continues
agree i will add again there the position sold above 311
did similar remaining core long but will rebuy back in the ones sold at 270
whete do u intend to buy close any level
Oil rising, BP slow to react. Buy
I had a feeling this retraction was coming. agreed perfect time to buy more!
https://www.zerohedge.com/markets/quant-rebalance-arrives-kolanovic-says-now-time-buy-energy
Buy some MoAR coz this one's gonna ***.. RELEASE THE KRAKEN!!!
Totally agree with RE (comments below) if levels reach 350-370 exit but oil is seeing a upside due to crude prices... Excellent dividend on BP still a buy at this level.
what's people's thoughts on short retraction to 300 before reaching new heights? still worth buying now though.
oil price and market demand with opening economy makes any short term trade a speculation... could end up costing you more than gains if you don't buy back in quick enough. BP was some 500gbx before the government decided to close the world due to seasonal flu
Totally agree with RE if levels reach 350-370 exit but oil is seeing a upside due to crude prices... Excellent dividend on BP still a buy at this level.
this the part I said told you so?
i am need
320
Solid entry point now in a company with a good balance sheet.
£74bn of debt according to LSE and increasing Y/O/Y.
 After a year like this, would you have expected a lower debt level? Anyway this a capital intensive industry, things will improve and those who invested at 200-250 will have a great year in 2021. BP is still cheap btw.
They wrote down assets that really are worth their weight in gold... but just like gold is underpriced, they are a strong earner. Earnings season will boost this one. STRONG BUY -  380-400GBX
feel the 🔥 ?
hi
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