Member Info for meoryou

I was slowly coming to the idea that BP was just untouchable as far as a merger goes.

However it’s a fact that more mergers happen during low oil prices ,than during high oil prices.

Are oil prices low enough yet to make it happen,probably not,

But BP market cap now £53 billion,it must be getting some attention.

It’s really not a time for predictions as there is no normal.

In accordance with the Company's Remuneration Policy, on 7 April 2025, Deferred Bonus Awards were granted to the Executive Directors named below. These awards represent 25% of the 2024 Annual Bonus for Linda Z. Cook and 50% of the 2024 Annual Bonus for Alexander Krane. The Deferred Bonus Awards have been granted in the form of contingent share awards over ordinary shares in the Company and will normally vest three years from date of grant.

Russia has accused the US of flouting international trade rules by imposing 104% charges on imports from China.

“Washington doesn’t seem itself binded by the norms of international trade law,” Russian foreign ministry spokesperson Maria Zakharova says

Russia has accused the US of flouting international trade rules by imposing 104% charges on imports from China.

“Washington doesn’t seem itself binded by the norms of international trade law,” Russian foreign ministry spokesperson Maria Zakharova says

BP has decided to halt plans to produce clean jet fuel at its Castellon oil refinery in Spain, Bloomberg News reported on Tuesday, citing a person familiar with the matter.

The decision to pause the biofuel investment was driven by weaker-than-anticipated growth in the market, the report said.

BP did not immediately respond to a Reuters request for comment.

In February, BP unveiled plans to increase its oil and gas investments and slash spending on renewables, as part of its efforts to boost returns and improve financial performance

With our very low Capital gains limits these days.

It pays sometimes to book a loss.

Smart planning

Https://africaoilgasreport.com/2025/04/in-the-news/will-axing-board-chairman-helge-lund-appease-bps-disgruntled-shareholders/

Https://www.theguardian.com/business/2025/apr/08/clean-energy-powered-40-of-global-electricity-in-2024-report-finds

Maybe time for the bargain hunters.?

Or just another dead cat bouncing?

Personally would buy if I had any free cash,

Or even a share in profit to sell first.

But unfortunately used my free cash about 2 weeks ago to buy BP at £4.21.

It seemed a good price at the time!!!

But a yield of 6.7% for BP historically is crazy

Https://www.bp.com/en/global/corporate/news-and-insights/energy-in-focus/top-digital-tech-driving-production.html

Copied from another board

“This what move the market

The US stock market has plunged once again as hedge fund managers have turned on Donald Trump and called for a "suspension" on the tariffs.

The S&P 500, Dow Jones and Nasdaq have all fallen by 3.4, 3.1 and 4.1 per cent respectively once the market opened at 9.30am local time (2.30pm UK time).

Bill Ackman, CEO of Pershing Square Capital, wrote on X: "The country is 100% behind the president on fixing a global system of tariffs that has disadvantaged the country. But, business is a confidence game and confidence depends on trust.

"By placing massive and disproportionate tariffs on our friends and our enemies alike and thereby launching a global economic war against the whole world at once, we are in the process of destroying confidence in our country as a trading partner, as a place to do business, and as a market to invest capital.

"The president has an opportunity to call a 90-day time out, negotiate and resolve unfair asymmetric tariff deals, and induce trillions of dollars of new investment in our country.

"If, on the other hand, on April 9 we launch economic nuclear war on every country in the world, business investment will grind to a halt, consumers will close their wallets and pocket books, and we will severely damage our reputation with the rest of the world that will take years and potentially decades to rehabilitate”

Then the timeout was denied.

So spike collapsed again

BP p.l.c. (the "Company") announces that on 7 April 2025 it has purchased, in accordance with the authority granted by shareholders at the 2024 Annual General Meeting of the Company, a total of 8,500,000 of its ordinary shares of $0.25 each ("Shares") on the London Stock Exchange and Cboe (UK) as part of the buyback programme announced on 11 February 2025 (the "Programme") and as detailed below:

Since they are the only ones who know in advance what’s coming next.

Any want a bet that at some time in the future one of them ( or their pals)gets caught for insider trading.

Taking advantage of information not available to the public

And they are the only ones who know in advance what’s coming next.

Any want a bet that at some time in the future one of them ( or their pals)gets caught for insider trading.

Taking advantage of information not available to the public

Tinker

So far the oil price is still above several previous crisis.

BP survived them.

And this time due to the big div cut and buybacks the dividend this time is so much more affordable in a crisis.

Also as you mention crisis these days,apparently appear and disappear much more quickly.

Seen it before,although have to admit,usually not quite as much carnage all caused by one man.

Even Putin did not have this affect

Must be putting a big dent in the government’s income,which they have targeted for so many projects.

Lower petrol prices will also hit VAT returns on fuel.

And if oil goes much lower what happens to the Windfall tax.

Oh dear appears we do need the oil industry for something after all.

Https://interfax.com/newsroom/top-stories/110801/

With oil down 16% and UK tariffs only 10% will some win.

Not all export o US

Will any European companies win now their energy costs have dropped.

Not all export to US.

China must like lower oil prices.

A lot of their exports don’t go to US.

There has been a lot of babies flung out with the bath water.

Maybe soon the winners will begin to show.

They will turn out to be amazing bargains.

Will BP be one?

Supposed to have already been priced lower than other oil companies because it could not stand $60 oil( because of higher debt).

Then priced down when it actually happened

Hopefully we are not going ahead with our program of selling bits of the company whilst this turbulence is going on.

We have had too many bits sold at fire sale prices

Think many will sit on their hands and watch.

Most of the bargain hunters have already been burned on Friday.

But you can never tell.

That’s the fun of the market.

As usual what happens to oil is key