Member Info for meoryou

And the same to Jakers ,Spights and all.
And I hope Jakers comes back refreshed and ready for anything.

Busman
Reuters has an article stating BP owed about $700 for second half 2021 div.
So a guess would be close to $2 billion by now

It may be starting to settle down.
Couple of things up in the air have sorted themselves.
Just the speech to write and 100 other things .
This mornings main panic was daughter had lost one of granddaughters passports.
Half an hour of stress then she found it.
Her organisational skills still not improved.
Wife more stressed than me so far.
Onward and Upwards

Morning Spights
Another quiet one here
Sp just about keeping positive

This offer is still on the table.
But reading between the lines of New Med Energy reply suggests they really like the idea.

I thought I took advantage of this being quite boring at the moment to sell some ,to buy back in ISA after today.
So my guess is it’s going mainly upwards.
Based on nothing than what always happens.
Sell it goes up.
Want to buy it goes up.
Buy it goes down

Brokers are notorious for being wrong.
Especially with Uk valuations.
Unilever thought it was worth a lot more.
Maybe they were right.
It’s part of the rationale for why I invested here.
I suspect it’s just a cycle and we will drop again in a few days or weeks.
You see it with Unilever also.
Not sure if it’s a safety play or anti inflation play.
But it is nice to see some higher highs.
Sorry no insightful answers
Maybe someone will have a better answer

https://www.investorschronicle.co.uk/news/2023/04/05/bp-s-2bn-deal-could-spark-m-a-in-eastern-mediterranean/

WP
“I'm immensely proud of the stance bp took to get out of Russia <3 days after the invasion, taking a $20bn charge to do so. We were the first western company and took one of the largest hits. Great swift and decisive leadership by CEO and board.”
Agreed it was the right thing to do whatever the cost.
Pity there are still companies trading with Russia.
The rest will take care of itself when the time is right

Well so far sp in a positive mood.
Spights always in a positive mood.
I’m in a positive mood.
Pity the weather let it down .
It’s raining

BP p.l.c. (the "Company") announces that on 04 April 2023 it has purchased, in accordance with the authority granted by shareholders at the 2022 Annual General Meeting of the Company, a total of 8,752,285 of its ordinary shares of $0.25 each ("Shares") on the London Stock Exchange and Cboe (UK) as part of the buyback programmes announced on 7 February 2023 (the "Programmes") and as detailed below:
Highest price paid per Share (pence): 536.80
Lowest price paid per Share (pence): 527.40
Volume weighted average price paid per Share (pence): 532.3363

Hi Jakers
My thoughts are that when the time comes the company should give a list of maybe 4. different ways to do something similar to what you have said.
ie different splits of who gets what ( especially including shareholders).
And then the shareholders should decide by majority vote how to spend our money.
I would happily accept this as being us deciding how to spend our money.
I do not want the company to just decide on its own what would be best.
I have no problem giving a chunk to Ukrainian charities if that’s what’s decided
( and would expect that to be on all lists at different values).
I have a lot of sympathy for the Ukrainian situation and feel we have a moral duty to give something,but the question is how much?

WP
Shell will have first mover on this so will be something to watch.
For BP it’s big numbers we are talking about, so suspect that a sizeable donation will be enough.
More than any accrued div payment but less than full value.
There will definitely be some accounting slight of hand going on.
But like you say noise will,be deafening .
However we have to get it first.
But I’m just guessing same as anyone

And yet Shell sp is down today.
Still don’t understand this investing lark

Must confess thought that news item might have gave BP a bit of a pop as it seems to suggest there are ways to monetise what is currently a stranded asset.
Even if it’s not full value there is still potentially a large sum to bring back onto balance sheet

Morning Jakers Spights and all
Dare we hope for another strong day
So far so good.
A bit of support even if buyback switched off after yesterdays big rise.
4 weeks till results.
As high a sp for then as possible please.
Think Spights maybe a bit busy on the Saga board today as it’s results day

Banburyboy
That’s the perfect answer.
Probably if I had answered it would have been twice as long.
I posted the buybacks because I had expected a lower number.
Still it’s not bad if our big up day had little support from buybacks.

https://oilprice.com/Alternative-Energy/Fuel-Cells/Hydrogen-Pipeline-System-Is-Starting-To-Take-Shape-In-Europe.html

BP p.l.c. (the "Company") announces that on 03 April 2023 it has purchased, in accordance with the authority granted by shareholders at the 2022 Annual General Meeting of the Company, a total of 2,421,112 of its ordinary shares of $0.25 each ("Shares") on the London Stock Exchange and Cboe (UK) as part of the buyback programmes announced on 7 February 2023 (the "Programmes") and as detailed below:
Highest price paid per Share (pence): 532.40
Lowest price paid per Share (pence): 531.40
Volume weighted average price paid per Share (pence): 532.2271

TravelCenters of America Inc. (Nasdaq: TA) today announced that it filed its definitive proxy statement with the Securities and Exchange Commission (“SEC”) in connection with the pending acquisition of TA by BP Products North America Inc. (“BP”). Under the terms of the pending transaction, BP will acquire all of the outstanding shares of TA common stock for $86.00 per share in cash. The transaction price represents an 84% premium to TA’s average trading price of $46.68 over the 30 days ended February 15, 2023, the date the BP merger agreement was signed. The total equity value of the transaction is approximately $1.3 billion.

The Special Meeting of Shareholders to approve the pending acquisition of TA by BP is scheduled for Wednesday, May 10, 2023 at 9:30 a.m. Eastern Time. TA shareholders of record as of the close of business on March 23, 2023 will be eligible to vote at the Special Meeting. Subject to shareholder and regulatory approval, the transaction is expected to close three business days after the Special Meeting.