Member Info for Charlie156

BP ordinary shares in circulation dipped under 17 billion today. They went under 18 billion on 27.02.23. Solid progress.

Zero for first 6 days, 31,436 barrels for Nov 7&8.

I wonder what Looney is up to. Could be the next Exxon/Chevron CEO, then put in a cheeky bid for BP. It hasn't been the same without him, I kinda miss the old rogue.

Two viewpoints here. Yoy Q3 growth for DK of 57.4% and FD 11.7%, or as Jackson seemed keen to push yesterday FD NGR of 47% which is 50% higher than DK. The market voted, even though DK continues to burn through its cash, they have momentum. With both claiming to be No1 in the OSB market, and ESPN and Fanatics about to enter the market, the next 6 months with the New York listing will be an interesting watch.

I actively trade BP, and am currently under as I have been repeatedly over the last 12 months trades. On every one of those trades I made a decent return, as I expect to do with this trade. Sentiment changes very quickly, today it feels like BP is going to £4.50, 2 weeks ago it felt like £6 was on the way.

I'm trying to understand how PTAL delivered as much oil in October, as in July and August, when Manaus river levels were twice as high. Any ideas?

Where does China fit in here. There are more EV's in China than anywhere, when it's well down the table for per capital wealth.

£/$ rate responsible for about 1% of the fall.

The 8.55 trade was mine. I was expecting a 1.5c dividend with results, but there is room for more.

This forum is becoming like a football phone in. One slightly dodgy result and the call goes out to sack the manager and remove the board. I had to check if the share price was still under £2. BP is a well run business with its O&G metrics all going in the right direction. Biofuels and EV are guided to bring a 15% return, hydrogen 10%, retail margins and basket size are growing every quarter. These results have been skewed by uneventful gas trading and provisions for offshore wind, which are sector wide. Auchincloss knows what he's doing, Dudley said recently 'BP has great people, great assets and great cash flow'. He should know.

First time I've heard of Auchan, yet they've been involved with BP for 3 years. Replicating the M&S convenient store set up, they are about to expand rapidly in Poland. BP is happy with the performance of biofuels, EV, retail, and solar. Orsted's shares have been battered today, rising costs in wind are endemic.

I've joined you, 7000@490.5457.

Auchincloss could not have been clearer yesterday, BP's growth engines will be clean energy and not oil and gas. There are going to be a lot less column inches written about BP, without the Looney schmooze.

Even if you get the timing slightly wrong, it's quite hard not to make a profit trading BP.

Too many shoulds and ifs.

How are they delivering more oil in Oct than Sep, when water levels at Manaus are significantly lower. Same number of barges, I'm confused.

The lack of speculation since Looney's exit indicates the Auchincloss appointment is a done deal. Punters pining for a charismatic oilman from Texas, should download a few episodes of Dallas, cos it ain't going to happen.

Baillie Gifford have been selling recently. At the latest update to 30 Sep, they had reduced their holding in JSE to 8.28%. My hunch is they are behind the two big sales from today and yesterday. We'll soon find out.

Barclays should ride through all those scenarios, with the possible exception of Armageddon. Bought 10,000@£1.288.

The share price is saying if between now and the end of June there is a major mishap at Montara or Akatara, JSE is in trouble. It's a punt, if no issues the shares are cheap, but on the management performance since June 22, you can understand the jitters.