BP.

30 days ago

BP – “agrees to sell 65% in Castrol to Stonepeak”, further simplification and debt reduction progress

BP (BP.) has announced that, “following a comprehensive strategic review of Castrol”, it has reached an agreement to sell a 65% shareholding in Castrol, arguing that it “represents a significant milestone in bp’s commitment to accelerate its strategy, including simplifying the portfolio, strengthening the balance sheet, and focusing the downstream on its leading integrated businesses”. What about that and a slightly higher share price at 428p in response?

81 days ago

BP – Q3 results, further capital and dividend upside from a winning share tip

BP (BP.) has announced its third quarter 2025 results, including emphasising strengthening balance sheet and increasing cash flow and returns “good progress” and that it is “looking to accelerate delivery of our plans, including undertaking a thorough review of our portfolio to drive simplification and targeting further improvements in cost performance and efficiency”. How is its performance relative to the valuation at a current 458.7p share price?

1361 days ago

BP – Q1 update, Income Buy

BP (BP.) has announced a first quarter of the year $20.4 billion loss… though also reduced net debt to $27.5 billion, a maintained 5.46 cents per share dividend and a proposed further $2.5 billion share buyback. So what’s going on?

1750 days ago

BP – trading and net debt position ahead of expectations, Income Buy

An “update on progress towards net debt target”-titled announcement from BP (BP.), which includes a claim of “earlier than anticipated delivery of disposal proceeds combined with very strong business performance during the first quarter”. This sounds good.

2142 days ago

Tom Winnifrith Bearcast: if you want to feel suicidal, buy oil shares then talk to Peter Brailey

I start with my family and Coronavirus as I discuss in full HERE. then should we taxpayers bail out all businesses? Even frauds? Or the Mob? I explain why folks like our in house Euro loon J Price are so badly wrong. I then look at Laura Ashley (ALY), Itaconix (ITX) and then the oil stocks. Could oil really hit $3 a barrel? Or $10? I look at Echo Energy (TOAST), Nostra Terra (TOAST), Premier Oil (PMO), Tullow Oil (TLW), BP (BP.) and Shell (RDSB) 

2369 days ago

BP – Q2 2019 results, an Income buy?

BP (BP.) has announced 2019 second quarter results, emphasising “continuing to deliver strong performance and strategic progress”…