Yes, antonvb we already know you bought at the bottom and that you are really happy and that this share compensates for the losses you had on other shares, good for you, but other long term shareholders have reasons to be angry, so be respectful.
What are BP reserves? Cost per barrel? Debt? Exploration licenses? Market cap? (How easy/hard is it for Tullow to double it's revenue vs BP?) Midstream business? Upstream business? Downstream business? Consolidated companies like BP are traded at higher multiples, not so good as Tullow. Almost any stock has a merit as an investment at a certain price. Tullow is highly undervalued and not favoured by institutions, it was trading at 2 pounds per share not that long ago. BP isn't massively undervalued unlike Tullow. Don't oversimplify, please do your own reasearch.
Or it could go to 100$ or 110$ or 120$ or 130$ or 140$ or 150$ or 160$ or 170$ or 180$ or 190$ or 200$ or 210$. You know the FED has a big money printing machine. Money supply is unlimited, oil not so much, and we make a nice profit at current oil prices.
Afganistan is not known for it's oil03 Sep 2021 18:04
But for it's known for it's heroin and opium. Afganistan won't have an affect in POO, it's Saudi Arabia, Iran, Libia, Venezuela which might concern us for likelyhood of a conflict in those countries. The most important producer that changes oil prices is the US, it would be great if Biden destroys the climate changing polluting US oil industry, in contrast our ghanian oil is super clean!
Golfer59 I am disgusted with your comment. I don't want to deign to reply to you. First, it's none of your business whether I make a profit or a loss. Second, don't feign empathy, it's not what drives, you are only here for self-interest, don't pretend you care. You come across as disingenuous. Third, you do not represent me. You don't speak for me. You don't get to bully owl using my name.