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BP Share Chat (BP.)



Share Price: 441.40Bid: 441.40Ask: 441.50Change: 0.00 (0.00%)No Movement on Bp
Spread: 0.10Spread as %: 0.02%Open: 445.25High: 450.00Low: 440.90Yesterday’s Close: 441.40


Share Discussion for BP


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Jakers
Posts: 150
Off Topic
Opinion:Strong Buy
Price:441.40
Q1 Results
Sat 17:23
These are due on 2nd May
 
caitlin1
Posts: 889
Off Topic
Opinion:No Opinion
Price:441.40
Take over
Sat 12:34
Other interested parties are said to include San Ramon, Calif.-based Chevron Corp.
caitlin1
Posts: 889
Off Topic
Opinion:No Opinion
Price:441.40
Broker 20 april
Sat 07:47
Shell dividend to come back into focus in 2017, Cannacord says

Thu, 20th Apr 2017 15:54

(ShareCast News) - Cannacord Genuity sounded a cautious note on shares of Royal Dutch Shell's B shares pointing out the company's lack of free cash flow and mounting debt pile given its current dividend payouts, telling clients it preferred BP instead.

Analyst Alex Brooks expected the oil major to post a bumper set of first quarter financials
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.

However, Shell's earnings were seen falling short of its declared dividend for a seventh straight quarter and at the current oil price of $55 a barrel a sustained lift in profits above its divi payout was not on the cards in the foreseable future, he said.

Indeed, in the same research note the broker also said it was lowering its oil price forecast for 2017 from $60 a barrel to $55.

So, "despite protestations from management to the contrary" the payout was likely to come back into focus over the course of 2017.

A combination of hardly any free cash flow over the past decade, high levels of debt and asset disposals at an "unattractive" point in the cycle mean its shares are at the greatest risk of further downward pressure, Brooks said.

The analysts cut his target on the stock from 2,050p to 1,900p and reiterated a 'Sell' recommendation.

BP on the other hand was furthest along in its restructuring process and with the residual Macondo liability set to be gradually settled free cash flow was likely to improve "substantially".

Hence, Brooks said he favoured shares in BP over those in Shell or Total, leading him to reiterate a 'Buy' recommendation and 525p target on the shares of the former.
caitlin1
Posts: 889
Off Topic
Opinion:No Opinion
Price:441.40
Broker
Sat 07:45
Thu, 20th Apr 2017 15:54

(ShareCast News) - Cannacord Genuity sounded a cautious note on shares of Royal Dutch Shell's B shares pointing out the company's lack of free cash
ADVERTISEMENT

flow and mounting debt pile given its current dividend payouts, telling clients it preferred BP instead.

Analyst Alex Brooks expected the oil major to post a bumper set of first quarter financials.

However, Shell's earnings were seen falling short of its declared dividend for a seventh straight quarter and at the current oil price of $55 a barrel a sustained lift in profits above its divi payout was not on the cards in the foreseable future, he said.

Indeed, in the same research note the broker also said it was lowering its oil price forecast for 2017 from $60 a barrel to $55.

So, "despite protestations from management to the contrary" the payout was likely to come back into focus over the course of 2017.

A combination of hardly any free cash flow over the past decade, high levels of debt and asset disposals at an "unattractive" point in the cycle mean its shares are at the greatest risk of further downward pressure, Brooks said.

The analysts cut his target on the stock from 2,050p to 1,900p and reiterated a 'Sell' recommendation.
caitlin1
Posts: 889
Off Topic
Opinion:No Opinion
Price:441.40
Results
Sat 07:40
Are results due next week???
hikeaholick
Posts: 912
Off Topic
Opinion:No Opinion
Price:441.40
Thank you
Sat 05:21
Thank you to everybody that has donated so far I've raised nearly £600 just from people on here when I started I didn't think that idea raise even £100 but I come across so many generous people on here am having a final push.....am running the London marathon on Sunday for the animal hope and wellness foundation that saves dogs from being tortured, burnt alive, cooked alive in the Asian dog meat trade please donate it would be greatly appreciated at.....
Neil beedie just giving. THANK YOU
caitlin1
Posts: 889
Off Topic
Opinion:No Opinion
Price:441.40
RE: Buy bp here
Fri 22:31
BP plc (ADR) (NYSE:BP) is also a possible takeover target. Last month, several rumors suggested that ExxonMobil was planning to acquire BP for about $150 billion.
fruitbat
Posts: 84
Off Topic
Opinion:Strong Buy
Price:446.65
Buy bp here
Thu 18:43
What's the chances cities bank talk share price down while sitting on the bid, buying for EXxon.
Wouldn't put it past them, saw similar tactics whilst trading fx for a major bank in the 80's and 90's
Daytradenovice
Posts: 7
Off Topic
Opinion:Buy
Price:447.80
Top up time for me
Wed 18:18
Shall be adding a few thousand tomorrow morning around this price for my long term portfolio.
sage
Posts: 54,102
Off Topic
Opinion:No Opinion
Price:449.95
grayling ..yeh! I`m liking this
Wed 14:37
Been plotting a buy in for a while ..just about timing and my airline is on an inverse reciprocal so good news for me.Both pay nice divi,but bp pay more regularly..




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