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Don't understand all the posters preferring an existential strategy to oblivion of some oil majors rather than transition and diversity to green where the next trillions of $ will be flowing from as the world shifts

Not sure why they even bother with BP

Spot on

....... Or another view could be they have a strategy which ultimately results in extinction whilst BP have a solid strategy of diversifaction

Well take a balanced view then 30% up from here

I' not following sorry

That's been well know for a long time

Hood??

Hood??

What spanner please

The biggies then barclays, goldman sachs, BNP Paribas who were all over 4 not come through yet Compound?

Great Post thankyou! Someone putting logic together. I just look at the 12 month divergence from XOM which is 40% so there must have been 30% even a year back. Either way there can't be much downside risk here at all as reflected by the analyst forecasts also

I'd be very dissapounted with 310. It was 336 a month ago wheth the following now improved

Shareholder return via buy backs and divinincrease
Debt reduced
Opec deal and oil price steady above 70 with goldman sachs predicting 80
Diversifying to hedge conversion to green sector leading

All bar one analyst showing far higher share price up to 5.00

They just done understand the impact of buyback on EPS.

They never understood business but up can't tell a fool. Anything

Using comparison charts on Google our divergence is 20% lower

Which analyst? Everyone one I read is foreacasting share price way over where we are now up £5.

Err why would you do that when the cost of debt 1% vs cost of equity 5. 5%. I'm. Glad you are not running BP. Would you honestly pay off lowest cost capital befilore highest cost? That's either commercial madness or ignorance

Other industry commentators state this as a positive market reflecting switch off fossil to renewable whilst many peers doing better than BP have fall off edge of cliff strategies.

If all this is true then why have BP been hammered far more than all other majors for these macro sector factors

Indeed we are I was a bit curt inapplogise. All I can see on downside are redundancy payments GOM but that's an very well known matter.