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 $27. They beat earnings last quarter like almost all oil and gas companies did, their dividend of almost 6% is very attractive as well.
BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2019, it produced 2.3 million barrels of liquids and 9.5 billion cubic feet of natural gas per day, including volumes from its 20% ownership interest in Rosneft. At year-end 2019, reserves stood at 19.3 billion barrels of oil equivalent, 59% of which are...
Looking for a move like this on BP stock. Consolidation on Moving Averages and hoping for a break up and move higher.
NYSE:BP Possible Scenario: LONG Evidence: Price Action TP1~ 25.5 Call options, Strike 25$, 04/30/21
BP p.l.c. engages in the energy business worldwide. It operates through Gas & Low Carbon Energy, Oil Production & Operations, Customers & Products, and Rosneft segments. It produces and trades in natural gas; offers biofuels; operates onshore and offshore wind power, and solar power generating facilities; and provides de-carbonization solutions and services, such...
$BP and $BPMP look poised for breakouts with the right market conditions.
Interesting patterns are emerging in BP PLC, we're observing an ascending channel, respecting support at 250 GBX and Fib 0.5 at 289 GBP. The next level at 327 GBP and then 374 GBX.
4-hour chart indicates we are going $26+ soon
The PEAD projected a Bearish outlook for $BP after a Negative over reaction following its earnings release placing the stock in drift C If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Long Setup at the bottom of a ascending channel for BP 4HR TF Areas of confluence too include 200EMA 0.618 Fib pull from High to Low Volume Profile *POC Point of Control .618 Fib Speed fan All confluences within the orange Box in the chart Be responsible for your SL and Invalidation Like and Follow is always appreciated
BP PLC engages in the energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, and field development and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power, and natural...
38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE. FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension. PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS
BP has formed 2 cup and handles, a smaller one inside the larger one. Price target remains retracement upward, around 31. following 31 we can see 37 by EOY. On the fundamental side take a look at the 20 year crude futures chart. W We just broke out of immense resistance line at 60 dollars a barrel. Crude can expect to see $75 shortly which only helps oil stocks...