BP Share Price (BP.)

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When can we get taken over? 650 would be a good start

Hi and your welcome meoryou

Not a lack of attention on your behalf. Fool have BP LSE as part of the article.

Feeling positive for this week.

Onwards

Thanks Mark

I did notice the $6.56M but never noticed it was ADRs.

Need to pay more attention

Just for clarity

Burry bought 175k BP ADR shares not ftse. His current BP holding is $6.56M.

Michael Burry's position in BP plc is currently worth $6.56 Million. That's 6.12% of the entire equity portfolio (7th largest holding). The stake costed the investor $6.27 Million, netting the investor a gain of 4.6% so far. I don't expect there is any other investment reason other than the same reason I'm invested in BP

BP stock offers a high dividend yield of close to 5% and a low forward P/E ratio of 8.58x.The company's dividend is suler safe with low payout ratios and there is room for dividend increases year in year out of min 4% , probably more like 10% in the future.The value is further enhanced by its aggressive share buyback program, a further minimum $14B by end '25 especially under current P/E.While

EPS growth may face some headwinds in the near term, I expect a solid rebounding in H3 into the coming 1~2 years.

$2B cost savings pa by 2026, higher for longer oil, transition engines producing returns 2025 onwards. Global oil shortage predicted by many respectable analysts by end 25. Undervalued... What is not to like?

Oil has rebounded to around $84, With refining margins moving higher and global oil inventories set to drop in the coming weeks as peak season commences and the $8billion odump of oil futures completed, I expect that tomorrow it's

Goodbye the dip

Mark