Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
Do you think you conduct yourself in the manner of a intelligent investor. I dip in and out here, the overriding impression I get is that your not very good at this.
I've always considered the $70bn+ paid to date for Macondo a windfall tax on BP shareholders for the company's lack of backbone in defending shareholders interests, when the other two miscreants Transocean and Halliburton got off comparatively scot free. Sorry to drag it up, but it still rankles.
CAML have done well not buying when metal prices went loopy. I'm sure in the next 6-12 months an acquisition in a more geopolitical low risk region will happen.
Who would be acceptable to Rosneft, replacing BP. That's a very short list, if you don't include UK or US companies. Both parties I'm sure are talking, if Looney got a call from Igor Sechin, he'd put Kwasi Kwarteng on hold.
Market cap of $86bn. Considering just for 2022 its buybacks, dividends and debt reduction amount to $25bn+, shows the value in BP.
Down 20% in a week. The UK business has always been a millstone for the company, now it's become toxic. A pyrrhic victory awaits the winner.
Chandley, must be tempting to buy that stake back and make 3 grand in less than a day.
'Everyone has a plan, until you punch them in the face' someone once said. This dispute will be played out in the public arena, which makes it harder for DK to win. RMG will be haemorrhaging cash, until it is settled. It could escalate across to Vesa's other UK investments, with royal mail workers and members of the public boycotting Sainsbury's stores. Interesting times.
Why do these incidents seem to occur more in the US than elsewhere. The Texas refinery fire in 2005 cost 15 lives, Macondo and now this. I can't think of any region in its worldwide operations that has suffered similar tragedies since the turn of the century.
The dividend policy and buybacks based on a temporary Covid bonanza were not the prescient actions of a board with a duty of care to the long term planning and health of the company.
That RNS reads like a declaration of war on the CWU. Shorters will no doubt take advantage.
The optics are not good for BP. Two major incidents in their three refineries in just a few weeks, including fatalities. The refineries have been working flat out to meet buoyant demand. Investigations will be thorough, rightly so. I hope BP is not held to account for negligence.
I'm not aware of DK ever stating what his intentions are here, investing in the whole company or asset stripping. I know the inscrutable Czech sphinx image may help his business profile but that will mean nothing with Joe Public. When people receive a lousy postal service, they don't blame the postie, they save their scorn for the company. Does the upside of GLS outweigh the downside of the UK business. Not yet.
That is tragic news. That's 2 incidents at BP's 3 US refineries in the last few weeks and a reminder of what a dangerous business the oil industry can be. Thoughts and condolences to the two victims and their families.
BP has had 6 buyback programmes since Aug 21. The first buyback was carried out at a £/$1.384 average. Today's $3.5bn buyback is at an average of $1.18 ish, which is about £2.97bn. If it had been at $1.384, that reduces to £2.53bn. This dollar strength is the cherry on the cake for BP's buyback programme.
Arsenal, you deserve a bit of luck after the wretched run you've been having with RR. We're all rooting for you on here .
Arsenal, are you going to tell us your buying price this time. It will give the inevitable profit you declare on here more credibility.
European gas, Asian LNG is 6 times more expensive than oil, and the reason industry is increasingly switching from gas to oil to combat its energy costs.
Rock solid numbers, but CAML had nearly everything going its way in H1. Lower interest charges and treatment costs, higher metal prices, foreign currency benefitting their cost base and no $5m hedging charge as in H1 21. The second half sees the company with its finances in robust shape, but metal prices have dipped sharply and costs and capex will show a large increase for H2.
80% of Q3 has now passed, and another robust quarter for BP is on the cards. The numbers won't reach the stellar level of Q2, but refining margins are holding up well. Not sure if there will be a charge against the initial force majeure taken by Freeport. There have been 2 disposals in this quarter, so net debt should continue to fall sharply, and maybe another $2.5bn buyback announced.