- incredible low 9 PE ratio
- they are investing in offshore and onshore wind energy, carbon, hydrogen, and many different types of renewables
- a ton of cash on hand
- just reported a great quarter
What’s not to love? In a world that’s starved for value and energy companies are the most important
The PEAD projected a Bullish outlook for $BP after a Positive over reaction following its earnings release placing the stock in drift B
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Today we will look at the chart of the price movement stocks of British Petroleum , BP, British Petroleum Corp. - a corporation that for many years has been among the leaders of the oil and gas, petrochemical and coal industries on all continents.
They had an interesting history of BP stock pricing in accordance with the events in the world at that time....
Symbol: NYSE:BP
Indicators
Laguerre RSI
2 x Multi-Time Frame EMA
Type: Call
Strike: $26.50
Comments: A bullish options trade came in for this ticker which was bought for extremely cheap. Looks like someone may be expecting oil to rally higher.
BP
Current Price $27.32 Price Target $32
$27c 10/15 ($189,5% till breakeven)
Trading at under 10x PE and at 1.0 P/B(FWD) is very cheap even for the oil and gas sector. With a 4.6% dividend BP is the best value play in the oil sector. Oil prices will continue to rise as we move farther into the summer (driving season). The increases in demand we are seeing are not...
British Petroleum $BP
Current Price $27.38 Price Target $32
$27c 10/15 ( $216, 6% till breakeven)
Good stock to own as we continue to see Oil move higher as we go into the summer driving season. If we get $75-$80 a barrel on oil BP’s earnings will benefit greatly.Under 10PE almost 5% dividend makes BP very attractive here. Now that we have confirmed $27 support...
Current Price $26.50 Price Target $32
I Like the oil sector (RDSA,KMI) going into the summer as prices are expected to rise which will have a significant positive impact on earnings for oil & gas companies. BP is trading less than book value (0.97) at only 9 PE (FWD) with a solid 5% dividend. This is a safer hold than most pure play oil & gas companies as BP has...
BP - Current Price $26.69 Price Target $32
I love oil going into the summer RDS.A KMI are both great plays but I love BP this week as BP is approaching a crucial resistance level around $27. They beat earnings last quarter like almost all oil and gas companies did, their dividend of almost 6% is very attractive as well.
BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2019, it produced 2.3 million barrels of liquids and 9.5 billion cubic feet of natural gas per day, including volumes from its 20% ownership interest in Rosneft. At year-end 2019, reserves stood at 19.3 billion barrels of oil equivalent, 59% of which are...
