Member Info for meoryou

Would say with the steadily decreasing capital gain allowance, that loses ,do allow you occasionally to book a profit elsewhere .

If you still believe in the share you are down on you can then buy back at a lower average price later.

Obviously not possible if all your shares are in an ISA

It can take four years for a properly placed EV charging station to become profitable once utilization hits around 15%.

Https://www.lse.co.uk/news/ev-charger-station-firms-battle-for-prime-locations-in-europe-us-wbrdh4f8b9069bk.html

Permian should still be worth more than we paid even although we have produced a fair bit since we bought, as we also have massively improved it.

G of Mexico assets should be easy to value, but beyond me.

Refineries and North Sea assets should be easy to value as they often change hands.

Aker BP stake is easy to value as they have shares.

I could go on and on,

I believe the sum of the parts is massively over the market cap.

I believe we are too big for an asset stripper to come in and buy us up to split up,

But you could see someone pre agreeing with Exon, Shell and others for the parts that would fit each of them and splitting the company up.

It is ridiculously under valued .

Https://uk.marketscreener.com/quote/stock/BP-PLC-9590188/news/Gunvor-to-acquire-BP-s-75-stake-in-Spanish-gas-power-plant-45539778/

We are up nearly 10 p.

I only need that much every day till Christmas to win the competition.

Seems a Slam Dunk.

Or back in the real world can we please have £5 by Christmas.

Onward and Upwards

Https://shipandbunker.com/news/apac/113371-bp-may-work-with-cosco-shipping-on-methanol-bunkering

I thought I was waiting till £4.50, but just couldn’t help myself

Must have believed my own post,

Just bought another 1,000.

Time to be good to me for Christmas

Took a 10% gain on NG, now will probably turn it into a 10% loss on BP

The case for the positive ( maybe).

Interest rates close. to peak ( hopefully).

With oil price, and petrol and diesel dropping ,hopefully inflation is in a downward path.

New CEO bounce,and I would expect at least a slight change in strategy.

OPEC need to prove to market the are still relevant.

BP have closed a couple of important deals this week,which will be positive for earnings in the near future ( maybe will be 12 months)

And started their campaign for more production in Azeri-Chirag-Gunashli.

Their production pipeline is first class.

But as usual it’s all jam tomorrow

Https://lightsourcebp.com/news/unlocking-value-showcasing-our-asset-services/

Https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/investors/bp-financial-calendar-2024.pdf

Sterling dividends payable in cash will be converted from US dollars at an average of the market exchange rate over the three dealing days between 30 November and 4 December 2023 (£1 = US$1.26728). Accordingly, the amount of sterling dividend payable in cash on 19 December 2023 will be:

5.7367 pence per share.

Dec 5 (Reuters) - BP (BP.L) has started drilling the first oil production well from the new Azeri Central East (ACE) platform in the Azeri sector of the Caspian Sea, the company said on Tuesday.

The well will be up to 3,188 metres deep and drilling will take about three months, it said in a statement.

The $6 billion ACE project is the next stage of development of the giant Azeri-Chirag-Gunashli field in the Caspian Sea.

The sad fact is that for people to have sold near the top,it also means someone else bought at the top.

So some new shareholders have not only lost a lot quickly,but also have the slow grind back up just to break even.

Maybe they were all Barclays client’s following their broker recommendations.

There seems plenty pain in the market just now to share around.

BP is still making enough money, that sp should not drop below £5, but market not in agreement with my thoughts..

Morning Spights

At least we are positive today.

Slowly running out of time for the £6.

Even £5 would be nice now

Onward and Upwards

Bit more information

https://trinidadexpress.com/business/local/pm-rowley-meets-bp-s-interim-ceo-in-london/article_26ba31e4-9308-11ee-870f-bbd85ade7888.html

Https://newsbeezer.com/zimbabwe/the-restructuring-of-atlantic-lng-in-trinidad-is-intended-to-reduce-shells-stake-and-strengthen-bps-sources/

Cong

“ But privately, 53-year-old Auchincloss, whose partner is also a BP employee - a relationship he had previously disclosed - indicated he was interested in the top job, according to two sources close to the company.”

Was in an article posted on here 30 th November at 11:00.

Doesn’t mean it’s true, but it’s a waiting game till it all settles out

Busman

There must be a cut off time after which the only answer is Murray.

He cannot be acting CEO for a year and not get the job.

So if they cannot get someone in a reasonable time scale from January,it’s looking more likely to be him.

Also put yourself in his shoes, if you were acting CEO for 6 month plus and did not get the job, you would probably look for another job.( as you have probably missed your one chance)

So longer it goes on more likely it could be Murray.

Just how I see it.