NYSE:BP

BP PLC (BP)

43.73
-0.70 (1.58%)
as of Sep 29, 2026, 4:15:31 pm Market Open.
140 watching
0
DON'T BUY
Has not being playing the big oils. He wants to get paid while he waits. He has played the Canadian trust markets. You get the same benefit in a trust if the price of oil goes up. If you like crude for the long pull, this stock has been taken out behind the woodshed. There’s trading opportunities. He would invest in something that gives good cash flow and good upside because if the market goes sideways and you are in something that doesn’t yield too much, you are better in an integrated.
DON'T BUY
Doesn’t want anything with a potential big problem.
DON'T BUY
Has not felt there was an opportunity in the last 6 months based on their challenges. Too risky for his style of investing.
DON'T BUY
A damaged company and probably undervalued here. The liability is still pretty open-ended and will be for quite some time. There are so many better oils that don’t have their problems.
DON'T BUY
If you are bullish on oil, there are plenty of in there names. You would be throwing a number of other risks onto the investment that you don’t need. Prefers Transocean if you want to play the gulf
DON'T BUY
He tries not to buy broken companies hoping that they will get fixed. He prefers companies that are good and are getting better and that have the fundamental characteristics and numbers that support this and that the market supports it as well.
DON'T BUY
Wants more clarity on how the whole situation in the Gulf will unfold. There will be more reports in December and into next year.
TOP PICK
Controversial but thinks it's time. Basic company and thesis remains intact. Some of the best oil/gas leases anywhere in the world. Will increasingly be a “go to” name. Can see 35%-40% upside.
DON'T BUY
Since the spill, stock has recovered significantly partially because of oil prices. Situation will continue to have an overhang. Company is selling off about $30 billion in assets to pay for their liability but that could go up to 45 billion in the case of gross negligence.
DON'T BUY
There is risk in the stock market, risk in oil prices and oil stocks are cheap, so why throw the additional risk of litigation on top of this.
DON'T BUY
Cheaply valued but would avoid until controversy is well behind them. Safer way to play this area would be the rig operator, Transocean (RIG-N).
COMMENT
Had a dead cat bounce because it sold off so tremendously and then people thought it had been oversold giving it a bounce followed by a correction. Thinks there is a little bit more on the upside, maybe towards $44. Use of $34 stop loss. For traders only at this stage.
DON'T BUY
It’s tough enough in non-controversial oil companies. Adding the controversy is a layer he doesn’t need.
TOP PICK
You’re sitting listening to all the headline risk. With the US court system, it will be years, probably 12. Thinks risks are overblown. Gulf of Mexico is only 10% of cash flow. There’s been no impact on aggregate cash flow to Gulf Coast businesses from the spill. They have been flat year over year. BP are strong fundamentally. This is one of the great energy companies.
DON'T BUY
The legal system in the US can have completely incalculably consequences. If they are found grossly negligent, every fisherman in the Gulf will sue them.
Showing 106 to 120 of 161 entries