RE: Share Buyback Programme9 Feb 2018 10:14
Newchurch.what price do you reckon bp would be at if deep water horizon hadn't blown up? £7? £10? That's where we are going over mid term it was £6.50 before that and had hit £7 and a divi of 36p so I reckon bp is on its way up with improved production cost going from $50 to$40 to $30 over time I'll hold for long term and what will the divi be this year? 32p ...34p? Bp has a yearly low of £4.36 and a high of £5.36 deal done until end of 2018 on oil cut backs shale can't produce above $60 a barrel so bp will still make money at $40 a barrel no brainer for me