Member Info for Salt-n-Peppah

I bought a tranche at 5.40. then at 4.50 thinking thus is low. Then at 3.89 another low. Then again at 3.60 another low thinking this will be the lowest I might get.

And lo and behold today it's 3.3x

The BP share price finds newer lows. :-(

Hope there is an end to this pain.

Sea of RED

Heathrow is facing accusations that it was forced to shut down because it replaced its diesel generator with a net zero-compliant biomass alternative.

Within a week of new high 1070 odd, we are now at 965 !

Busman1, I took the snippet from the FT "Only BlackRock and Vanguard hold larger stakes in the FTSE 100 energy major, at 9 per cent and 5 per cent respectively.".

If that is the case, then the stake is less than 5% isnt it. from where did you get the figure 7.36% ?

Activist hedge fund Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost £3.8bn, as it seeks to force the troubled UK oil major to cut spending on renewables and make big divestments, according to two people close to the situation.

The position is one of the US fund’s largest and could include shares as well as derivative positions that replicate an economic interest in the stock, a tool that Elliott has used in past campaigns.

Only BlackRock and Vanguard hold larger stakes in the FTSE 100 energy major, at 9 per cent and 5 per cent respectively.

MoY, your ramblings are better than the "research" from highly paid analysts.

Everyone here needs to keep a big board "DYOR" in front of themselves while reading any post here. I am just another PI who wants a very good profit on hard earned money. (I am one of those unlucky ones who invested a tidy $$$ in Woodsmith mine and got burnt when Anglo American bought the mine). Just a bl*0y costly mistake.

Thanks a lot MeOrYou. I was thinking maybe we lot fo not have a say at all and the price is determined by the 2 boards of the cos being merged. In which case there is a chance pi's can lose money. But your explanation puts me at ease

"And a merger with an oil rival remains firmly on the table –with Shell or Chevron touted as potential buyers."

When a merger happens can we expect the share price to go up ? (Is a "merger" any different from a "bid/takeover" that ADNOC attempted ?).

MegRs200, yes we were supposed to do that but it's a morning tea break. We will resume the long march to £150 later on. Take that message with a big pinch of "salt and pepper".

On Wednesday, UBS analyst Henri Patricot adjusted the price target for BP Plc. (NYSE:BP:LN) (NYSE: BP), increasing it to GBP5.25 from the previous GBP5.00, while reaffirming a Buy rating on the shares. The adjustment reflects a 5% increase in the price target, as Patricot anticipates a faster rate of deleveraging for the energy company. According to InvestingPro data, BP currently trades at an EV/EBITDA ratio of 3.39x and shows a GOOD overall financial health score.

463 !! Phew !

Good for the whole world except shareholders of O&G cos (especially for BP shareholders like us)

But number of clients are flat

Imperial Brands also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 20th will be issued a GBX 54.26 ($0.67) dividend. The ex-dividend date is Thursday, February 20th. This represents a dividend yield of 2.43%. This is a boost from Imperial Brands’s previous dividend of $22.45.

Yes ! we are seeing £10 after many many many years !

Windmill-obsessed Donald Trump labels UK's fossil fuel policy a 'very big mistake'

Donald Trump has said the UK is making "a very big mistake" in its fossil fuel policy - and should "get rid of windmills"

Hey OldRascal I remember you from the KAZ minerals and/or VED board. Am I right ?

Dividend payment date of BP is Dec 20th.

My average is high 20's.

Lincabur, you arent alone. I brought a trench at £37 :-( long back