Member Info for Auson

The number of ordinary shares held in treasury by BP p.l.c. is 552,981,191

*fight back this afternoon

NewKOTB,

Looks like they are a few mins late today but it has seemed between 12.30 and 2.30 pm a button gets pressed.

Lets see if the buyers can find back this afternoon.

I think Castrol might be a good fit with Shell, they already bought Pennzoil lubricants.

The pattern looks like the US is shorting between 12.30 and 2pm each day

Romaron,

Sounds like the banksters who are making the most money from energy, a bit like Macquarie with Thames Water

Any thoughts on this from final results

'The above numbers do not include an allowance for decommissioning provisions relating to the pre first oil wells as it is currently unknown how that provision will be funded. Under the terms of the post FID loan, certain costs such as licence fees and Rockhopper specific taxes and G&A are excluded and would need to be funded directly by Rockhopper.

Possible sources of funds for the currently unknown Rockhopper project equity requirement include but are not limited to: Any proceeds from the monetisation of the Ombrina Mare arbitration, any payout under the insurance policy put in place to cover the annulment outcome, balance sheet cash, a convertible issue or other mezzanine finance instrument, an equity issue or a farm out. In the event funding was necessary and not achievable then the Group could not sanction the project.'

Ovets,

I would add I don't think it is Oil price dependent, I think development is more about Israel gaining energy independence.

“It is better to keep silent and be thought a fool.” says Dr. Arthur Burns in 1931, “than to speak and remove all doubts.”

1pencil,

Morningstar are showing this Increase of 5,266,657 shares dated 31 March 25

Third Avenue Value Instl 6.18 2.41 37,881,317 5,266,657 16.15% Mar 31, 2025

They are actually showing the total 37.8m in duplicate, I checked this with SFOR directly and they confirmed it was a duplicate.

SMS told me they take a value based view on investment.

www.morningstar.com/stocks/xlon/sfor/ownership

Fund % short Date changed

Elliott Investment Management Limited 0.70% 22 May 2025

Elliott Investment Management Limited 0.63% 4 Apr 2025

Elliott Investment Management Limited 0.50% 25 Mar 2025

Meanwhile Elliot increasing its short on Shell

SHELL PLC Elliott Investment Management Limited 0.70% 0.07% 22 May 2025

Shell need to get a move on and bid if they want to keep Castrol

'Saudi Aramco has been mentioned as a potential bidder for the business.

The sale of Castrol, which is expected to generate core earnings of $1 billion in 2024, could bring in between $8 billion and $10 billion. Additionally, BP is looking to sell its refinery in Gelsenkirchen, Germany, its mobility and convenience business in Austria, and its 50% stake in the Lightsource BP joint venture. The shortlist of bidders for these assets was set to be finalized by July.'

Seemed some taking advantage of the drop a 300,000 share buy at 358p and then an 8m share buy also at 358p

I say get rid of Castrol, lots of competition in the lubricants space these days and Castrol is not the best lube anymore. I have to say I think the Brand could be worth $10bn, all that history and racing pedigree counts for a lot, Castrol R anyone ?

Redwineday,

GM and Amazon not good enough then ?

Nubank is also pretty interesting with $45 Billion Mcap and turnover of $8Billion

Wildtiger,

Nice buy !

14-May-25 10:11:46 25.75 344 Buy* 25.75 26.00 £88.58 A

Redwineday,

Sitting down for chats is basically what the ad industry is, they sell ideas, images and words, thats also how they grow the business, what do you think happens on a pitch ?

More solar panel fires today I see.

https://www thefpa co.uk/news/solar-panel-fires-on-the-rise-leading-to-fire-safety-worries

GoCPI,

Unfortunately I think that 1 stock might be Petrofac at 20 and 23p..now suspended.

'wildtiger

Posted in: PFC

Posts: 2,833

Price: 19.83

No Opinion

Added more17 Apr 2024 08:24

Just doubled my position. thank you sellers

wildtiger

wildtiger

Posted in: PFC

Posts: 2,833

Price: 23.30

No Opinion

RE: Back in again15 Apr 2024 08:52

Bought a ton at 23p, see you guys at 50p

wildtiger

Posted in: PFC

Posts: 2,833

Price: 20.50

No Opinion

Dividend17 Apr 2024 09:18

Analysts are forecasting this will pay a 4-5% dividend next year, can you imagine selling now and then to see it 5x in a year

This reminds of RR when it was at the darkest moments. Good luck to all.

Bor probably will fly now as I've just sold mine.