The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Scott - your bet appears to to play well with NV and fwd with higher targets now 1.4k- seems no limit.
Thxs Troajan you r probably right about the bubble , later perhaps 3 to 4 yrs down the line
Hoping turnover in Glen
Yeah Scott
Thinking in same lines of selling all loss making ones ( hate to even name them as brought during covid frenzy ) except ? selling AMD as I think this has more to come ( although not as much as Nvidia which currently has a dip)
Hopefully Glen gets going soon
Agree Scott- tech stocks have at-least 2years run up and then may enter a bubble imo
Had some invested in them a year ago, thankfully like Nvidia , AMD
recently in SMCI ( super micro comp) -just few shares though, Wish had some in cloudstrilke
Now other proxy AI stocks are still to catch up ( In my opinion ) Western digital WD, Palantir
and of course Google after run up by Meta, Amazon and Microsoft.
BP and Shell: Two UK Energy Shares with High Upside Potential
Kirti Tak
These two UK-based energy companies could be a great addition to an investor’s portfolio looking for high share price growth.
UK-based energy companies BP PLC (GB:BP) and Shell (UK) (GB:SHEL) have received Strong Buy ratings on TipRanks. Analysts expect more than 30% growth in their share prices.
Speaking of the energy sector, these companies are benefiting from the increasing demand for oil and gas along with soaring prices since the outbreak of the Russia-Ukraine war. Also, these companies pay regular dividends.
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Both Shell and BP are part of the Trending Stocks list for the UK market. These stocks are currently on the radar of analysts after they reported strong yearly results for 2022.
Let’s have a look at the details.
BP PLC
BP is one of the leading companies in the world, providing energy products and services to customers worldwide.
Over the course of soaring fuel prices, the company’s stock has been enjoying the ride and has gained more than 50% in the last year. Last month, the company announced its fourth quarter and 2022 earnings, which further pushed the share price higher.
The company posted profits of $27.7 billion in 2022, up from $12.8 billion last year. It also witnessed its production costs being the lowest in the last 16 years, which depicts operational efficiency for the company.
Moving forward, the company announced that it would invest an additional $8 billion in its energy transition by 2030. And another $8 billion towards its energy security and affordability.
On the shareholder return front, the company announced a buyback of $2.75 billion to be completed by May 2023.
What is the Price Target for BP?
According to TipRanks’ consensus, BP stock has a Strong Buy rating, with 10 Buy and three Hold recommendations.
The average target price is 660.08p, which is 35.4% higher than the current price.
Shell PLC (UK)
Shell is a UK-based oil and gas company that produces energy products such as fuels, oil, LPG, lubricants, and more.
The company posted record earnings in its 2022 annual results. Shell posted a profit of $39.9 billion in 2022, up from $19.29 billion in 2021. The numbers were driven by higher fossil fuel demand and prices. The company also witnessed a solid recovery in its LNG (liquefied natural gas) trading.
Moving onto the shareholder returns, the company reported a 15% increase in its dividends in the fourth quarter of 2022, pushing the full-year dividend to $1.03 per share. The company also announced a $4 billion share buyback program.
Following the results, many analysts have reiterated their Buy rating on the stock.
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Is Shell Stock a Good Buy Now?
SHEL stock has a Strong Buy rating on TipRanks based on a total of 15 recommendations, out of wh
Walp, Lordloadsoflolly and the team here
I know we all like SMT.
But i am in the process of exploring other similar alternatives to speak the basket of investments.
Anyone has views on others -
i am looking into PHI.L
Any suggestions would be helpful in researching the growth baskets like SMT .
Agree Happy- Patience
I am surprised at the negativity even by long term holders.
I know with the mix of things( Negative- Roseneft and Positives-oil prices and demand with push to renewables) , it takes time for dust to settle and move on further up.
Happy to be enlightened please, if i am missing something here
cheers
MK
Simple Mathematics
I think Looney has played nicely here Showed that he cares humanity.
2. Pleased political circles ,so no windfall taxes i hope.
3. removed uncertainty with better focus on renewables
Next challenge - offloading Roseneft or Will it come back in BPs ground.
Mark , Happy, Enso , Share talk and LTEs must be very HAPPY
Cheers
MK
Emerald - You said " Really, anyone holding shares in Shell of BP needs their heads examined"
- Respect your entitled opinion , but not agree with this as many here.
I dont see any valid balanced case weighing your statement till now . Look at the rising Oil price despite the threat of invasion by Russia. BP , Shell I doubt, will be shaken .
Cheers
MK
Happy, bumble and Mark - very balanced thought provoking posts- thxs
At the end of the day, uncertainty itself creates fear at-least for the time being. No one would exactly know , but i suppose either way positives are more than negatives for BP in the long run.
Nice to read posts on oil giants.
Keenly waiting for BP results in over a week.
Chevron shares retreated after 4th Quarter profit falls despite high oil prices, Chevron earned 2.56 dollars per share Vs expected3.12 per share
Hope BP is not in the same line. Would be good have likely inputs with reasoning from the team here.
Thank you
MK
Have been a BP holder from 220p days and have added at 350 levels recently
Found the following info and analysis useful- But my question is it now really below the Book value??
Happy to have input from learned forum here .
BP -Analysis Trading at discount to Ne asset value - may be more so with recent scottish offshore wind development project
https://youtu.be/FWSoIqwgDkk