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BP p.l.c. (BP)

NYSE - NYSE Delayed Price. Currency in USD
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27.33+0.42 (+1.56%)
At close: 04:00PM EST
27.40 +0.07 (+0.26%)
After hours: 07:59PM EST
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  • r
    rob
    Reported: bp repurchased 208,859,750 ordinary shares in London
    during the time frame 11/2/21 thru 12/06/21.
    Equivalent to 34,809,958 ADRs

    Approximately 1.05% of outstanding shares
  • r
    rob
    Reported: bp repurchased 197,395,703 ordinary shares in London
    during the time frame 11/2/21 thru 12/02/21.
    Equivalent to 32,899,284 ADRs

    Approximately 0.99% of outstanding shares
  • d
    dt
    Is this stock ever going to give a capital gain? I have owned bp for decades, after their oil spill they just never recovered. Is there no more growth and they just sit as a dividend stock?
  • S
    Stu
    These share repurchases help more than anything. They have bought into everything. Surprised stock doesn't go up. Wonder how it can stay down, simply amazing. I mean, these are HUGE numbers.
  • r
    rob
    Reported: bp repurchased 191,395,703 ordinary shares in London
    during the time frame 11/2/21 thru 12/01/21.

    Approximately 0.96% of outstanding shares
  • r
    rob
    Reported: bp repurchased 185,395,703 ordinary shares in London
    during the time frame 11/2/21 thru 11/30/21.

    Approximately 0.93% of outstanding shares
  • J
    James
    In the Total Voting Rights document in the regulatory news feed on BP's website, BP reports that the ordinary shares having voting rights stand at 19,758,765,508 as of November 30, 2021. That document also reports that BP has bought back and holds as treasury shares a total of 1,091,445,792 ordinary shares. That's about 5% of what had been outstanding.

    Way to go BP. Keep it up. Each share we hold gets more valuable by the day.
  • S
    SeanE
    The Shell news that they are giving up on the Cambo North Sea location because of the negative press and climate is bullish news. This is the new paradigm and means higher Oil over time.
  • J
    Jade
    Buy buy buy. OPEC didn’t cut, but oil price is still high. This is great news. Buy buy buy
  • G
    GoodSkill
    Why area we popping?

    I am happy but nothing makes sense.

    European oil major popping
  • S
    SeanE
    BP can't actually say the following publicly, but it's all true. With the new power generation paradigm of having an open market for power providers, there are huge opportunities to profit from dislocations in supply.
    Nordic power prices just hit a record high because of a lack of wind and hydro. If you have power generation to sell, you are printing money.
    This is why Tesla is getting into the power market. In Texas during the freeze, short term power prices hit 1,000x the normal rates. Tesla will sell their battery storage power at those moments and bank a massive return for providing power for short intervals.
    I bring this example up because BP is getting into the power business to not only supply green power, but all power. They want to use their trading operations to have a 100% guaranteed supply and any company that can do that will print money in those moments when power generation is reduced.
    This is being lost on the market because it's a new paradigm. We are moving away from fossil fuel world where supply has always been ready to go online with a press of a button to one that is supplied by nature and that means every year will bring moments of high energy prices and outages.
    With higher Oil prices over time the Oil division will still deliver nice profits even with less volume, but it's the trading/green division that will eventually deliver strong growth and send the stock much higher over time. BP has the expertise and investment dollars to make this a reality and yet the trading/green divisions currently get a negative valuation in this market.
    Today, BP has a market cap of only $85B. Wow, there is definitely a negative valuation placed on BP's future energy trading and green power investments.
  • J
    Jade
    People now realise even with Omicron, and no production cuts, oil equities are robust. $30 tomorrow, $40 end of year. $50 in January
  • P
    Private
    I would of thought oil would fall some with the OPEC news but this tells me we have a solid floor for oil demand and rising prices.
  • G
    George
    wow ng at 3.90; those bp hedges maybe a boat load of $$$'s. Imo
  • r
    rob
    Reported: bp repurchased 203,131,525 ordinary shares in London
    during the time frame 11/2/21 thru 12/03/21.
    Equivalent to 33,855,254 ADRs

    Approximately 1.02% of outstanding shares
  • T
    Tiny Investor
    I just sold all my bp stocks, although i am bullish on the company and i hope i will soon have the opportunity to buy again. I just wanted some cash to average down other stocks. I think bp is a great buy at these prices. I first bought bp on March, sold on August, bought again and sold today. Totally 12% profit. Thanks a lot BP
  • A
    Anonymous
    I'm out and will stay out until Looney is replaced. He's basically a Socialist taking orders from the UK gov't. He's shown no ROI on the massive investments in Green initiatives. All other oil majors have restored their dividend to pre-pandemic except BP. He doesnt care about the shareholders.
  • r
    rob
    Reported: bp repurchased 191,395,703 ordinary shares in London
    during the time frame 11/2/21 thru 12/01/21.
    Equivalent to 31,899,284 ADRs

    Approximately 0.96% of outstanding shares
  • S
    SeanE
    The weird thing about the Oil/Gas and BP price moves are the hedges should counter-act some of the movement, but it doesn't seem to matter for BP stock.
    BP doesn't climb 1:1 with Oil because of the hedges, but they do go down with Oil 1:1 because no one remembers the hedges.
    Even with the volatility, I'm sticking with all my Oil and Gas stocks and at this point because I realize it's a show me world. The stock will probably never climb to where it should be because of long term climate skepticism, but the dividends will be great with oil higher than most predict.
    I expect between buybacks and dividends we get a real 10% yield. But every year the skeptics will tell you that Oil stocks are worth nothing and you should sell. I will just collect my 10% and enjoy it and stop worrying about the daily swings. It's going to be a wild ride from now on with a wall of worry so large that few can hang on. But I trust the long term prediction that limited investment because of climate change will mean higher prices.
  • r
    rob
    Reported: bp repurchased approximately 2.26% of outstanding float
    during the time frame 8/3/21 through 11/23/21