£2.98 Jezzoo
£3.02 MarkGo
3.05 Jeffrey
£3.07 Android101
£3.08 Sigma1
£3.09 Falky
£3.10 Grezzz
£3.11 Bugerov
£3.12 JPWilliams
£3.13 sb
£3.14 Longish
£3.15 Rjb92
£3.17 JSB
£3.18 NSS
£3.19 Cong
£3.24 coolebenji
£3.29 Spights
£3.30 Cesna
in new oil and natural gas production is still required.
'Closing the gap between these ‘no new greenfield investment’ supply profiles for oil and natural ?gas and the level of supply needed to meet the demand profiles in the [three scenarios] requires ?significant levels of new investment in upstream oil and gas production, totaling between $9 ?trillion and over $20 trillion over the next 30 years. ?'
https://www.bp.com/en/global/corporate/energy-economics/energy-outlook/investment.html
Cesna £3.26
Moneyboy5000 £1.00
Sigma1 £2.79
Bugerov £2.9725
Seen_it_done_it £2.99
Gavster-NBC £3.04
Android £3.05
stevebt £3.07
Toffeemen1975 £3.08
NSS £3.10
rjb92 £3.11
Procul60 £3.12
Cleverthoughts £3.13
Wheremymoneygone £3.1
4vince1 £3.15
Share be alright. 3.16
Cong £3.17
Touraco 3.19s
Sharefall £3.20
SC £3.23
mojo7865 £3.25
Spights £3.40
Barclays reiterate 475 overweight (1 April).
Solid share for long term investment imo. Capital growth and quarterly dividend. Should throw off alot of cash this year. DYOR
https://www.sharecast.com/equity/BP/broker-views
https://www.bp.com/en/global/corporate/energy-economics/energy-outlook/global-backdrop.html
'someone in usa predicted biggish fall in $ coming IF this happens, does this affect oil price much?'
Could write a book answering that question! If your currency is stronger than the $ then you can buy more oil per unit of exchange. But if demand exceeds supply the price of oil will go up and offset you benefit...
Presumably agreeing kenya economics plays a part in the month delay to refinancing. Its referred in the rns but is it on the month long critical path. Is it strategically key and sit comfortably with the notion of a conservative balance sheet?
Unfortunately not Sage, but have a collection of interestly embossed certificates in frames etc..
In 1994 I remember getting a licence to develop sage 'sovereign' software for a bespoke application and have had sage in my 'bottom drawer' memory ever since ;-)
'So im wondering why this was 250 pence and is now 25 pence'
If you fast forward to year end, disposal of uganda assets, impairment based on long term $60 oil etc, the balance sheet will have 'negative' equity. But currently, with a stabilising freecashflow, having made the difficult decisions, it is worth 25/26p because of its recovery potential. Any news and it will spike imo..30 or 40p. I am holding, topping up if it drops low 20s
'Rebase!!, they've just done that haven't they'
Yes. Progressive dividend growth from here. So whats with the SP??
'In May 2020 we announced a rebasing of our dividend by one third to accelerate debt repayment, while retaining a progressive dividend policy, growing annually from the rebased level.
The revised policy recognises the Company’s continued strong cash generation and the importance of growing dividends for shareholders, while providing greater flexibility in capital allocation once we reach the end of our target leverage range of 2-2.5 times net debt to EBITDA'