Member Info for meoryou

Https://oilprice.com/Energy/Crude-Oil/Oil-Falls-on-Small-Crude-Inventory-Build.html

Undercrackers

The board seem of the opinion that major shareholders are on board and happy with their strategy.

You are not the first to say major shareholders are unhappy.

It’s a major problem as there seems to be mixed messages.

It’s very hard for us to really know what’s going on

LTI

Many like to ( some deliberate)(some through lack of knowledge), to confuse the Executive Share schemes,with the employees share schemes.

The employees are the ones earning them their dividends,and get an incentive to invest not free shares.

It’s about buying into the company you work for.

I know you fully understand this, but the more it’s repeated the more it may start to be understand

ChubbyB

It’s strange but when your shares save starts,it never seems likely it will end up above the sp.

Only consolation is if you do use the money to buy BP yourself, it will allow you to buy more shares than you would have got.

This would reward you in future with slightly more div.

Or else you can invest in something else,or a holiday

Without defending the performance of BP sp once again solidly below £5

80% of my shares are down

Market is down ,Shell is down

Oil is down.

And it’s sell in May and go away.

NEW YORK, May 21 (Reuters) - Cash differentials for RBOB gasoline surged on Tuesday after a refinery that has faced operational issues in recent days bid higher for supplies, traders said.

Exxon purchased around 10,000 barrels of Chicago RBOB in the session at a premium of a dollar over the RBOB gasoline futures benchmark on the New York Mercantile Exchange, market participants said. Chicago RBOB traded 30 cents above benchmark in the previous session, and 18 cents above benchmark on Friday.

The surge in Chicago's RBOB differentials follows reports of upsets at multiple refineries in the region. Refiners typically have contractual obligations to supply a certain quantity of products in each trading cycle, so production outages can force them to buy from spot markets to meet the commitments.

Exxon's 250,000 barrel per day Joliet refinery in Illinois has faced multiple issues, including a fire on May 18, since it attempted to restart operations last week following the end of scheduled maintenance.

The Midwest's largest refinery, BP's 435,000 bpd Whiting plant in Indiana, also experienced flaring events on Sunday and Monday, market sources said this week. Refineries typically use their safety flare system when hydrocarbons cannot be normally processed due to start-ups, planned shutdowns or unplanned events at the facility.

Https://oilprice.com/Latest-Energy-News/World-News/US-Crude-Oil-Gasoline-Inventories-See-Sizable-Gains.html

That’s all true but that was with TNK BP.

Rosneft cleaned up that mess by buying BP out with Putins approval.

From then on Dudley had good relationship with Rosneft and Russian government

Nightpusher.

Perfect summary

As on seller leaves a buyer picks up the baton.

Yield obviously has more to do with sp than div.

One of my first costly lessons was chasing yield.

Found out within a couple of months why yields were so good.

Drop in div expected with next results.

Still learning

Still enjoy your posts

“Think I remember someone saying that 15 years ago at 600p.”

Yes and then a little later I sold some BP shares at MY all time best price of £6.48.

And then came the oil spill and wiped over $60 billion of the company value.

Let’s try to help WP

I’m a buyer ..at the local Poundland.

"……………. at the local car boot”

Or maybe

I’m a buyer at under £4.90

Or maybe none of them.

The story continues

Hi Jakers

Think previously BP via Dudley had a very strong Relationship with Rosneft CEO who has Putins ear.

Don’t know if current BP CEO has had much involvement with them or not.

But BP did do a lot for Russia, as an early mover, and happily followed Russian rules,so never say never

WP I am glad you are also having problems with the site I was starting to think it was only me, and maybe an internet problem

Https://www.thisismoney.co.uk/money/markets/article-13439645/Stamp-duty-shares-axed-says-London-Stock-Exchange-boss-amid-tax-holding-investment.html

Czql5v

Think most would avoid that time period.

Because how do you prove you didn’t know price sensitive information,if you buy and then sp goes up 10-20% at results.

And that is still illegal.

The media would have a new bone to feed on

Just thinking out loud.

But has maybe the problem preventing Shell or anyone else from doing a take over been the Rosneft stake.

Perhaps it’s a good problem to not be mixed up in.

Https://www.investorschronicle.co.uk/news/2022/09/22/looking-behind-directors-share-deals/

Czql5v

Well you learn something new every day.

I would have believed it to be illegal.

Or at worst frowned upon.

Maybe he wouldn’t be allowed to buy 2 weeks ago, because he would have then had access to inside information

BT Group PLC - London-based telecommunications provider - Non-Executive Director Tushar Morzaria buys 53,270 shares at GBP1.33 each, worth GBP70,849, in London on Monday.

See RNS