BP PLC | StockChase
113
BP PLC (BP-N)

Last Price Recorded: $39.0900 on 2017-11-17

ON STOCKCHASE SINCE Jun 2001

British Petroleum

integrated oils

BP PLC


Signal Opinion Expert

2017-11-06

DON'T BUY
BP PLC (BP-N)

It is an ADR so she does not typically trade it.  It has been out of favour, however.  She is hesitant to jump into any energy stocks.

integrated oils
Erin Gibbs

V.P., S&P Global Market Intelligence

Price: $41.410
Owned: No

2017-10-23

COMMENT
BP PLC (BP-N)

Compared with other integrateds?A company that makes money at $50 oil. Part of their business benefits from oil prices, petrochemicals and refining. They are earning their hefty 6% level dividend with their own free cash flow. These large integrateds are going to underperform if oil does really, really well. They are using their free cash flow to make intelligent acquisitions. Rising dividends are in the cards even if oil stays at $50.

integrated oils
Lorne Steinberg

President & Portfolio Manager, Lorne Steinberg Wealth Management Inc

Price: $38.790
Owned: Yes

2017-05-16

TOP PICK
BP PLC (BP-N)

The Macondo Gulf of Mexico disaster is now past and they have taken all the charges. They’ve rebuilt the company. The balance sheet is in very strong shape. With the cost structure where it is, even at these commodity prices, this company is throwing off lots of cash flow. Dividend yield of 6.7% is sustainable at current commodity prices. This is the cheapest of all the major integrateds. (Analysts’ price target is $37.50.)

integrated oils
Lorne Steinberg

President & Portfolio Manager, Lorne Steinberg Wealth Management Inc

Price: $36.240
Owned: Yes

2017-02-16

BUY
BP PLC (BP-N)

He thinks oil prices have bottomed and will start to move higher in fits and starts.  They had issues in the past that are behind them now.  They are a good company to own and are a cash cow.

integrated oils
Fabrice Taylor

Publisher, The President's Club Newsletter

Price: $33.680
Owned: Unknown

2017-01-27

BUY
BP PLC (BP-N)

At current oil prices, most European oil companies are going to cover the dividends. Most of the baggage for this company is now behind them. As we get into an environment where oil starts to stabilize politically, at around the current price and a little higher, then you will start to see yield compression. You are looking at some pretty decent upside from here. An interesting company and the balance sheet is reasonable. 6.5% dividend yield.

integrated oils
Darren Sissons

Vice President and Partner, Campbell Lee & Ross

Price: $36.580
Owned: Unknown

2016-09-19

COMMENT
BP PLC (BP-N)

One thing is that safety issues are not new to this company. Within the majors that operate within the US, this has been the one with the worst safety record. You can’t attract and retain quality employees if they are concerned about health and safety. Also, they have basically run all of their foreign operations through the US, so they are very exposed in terms of liability. He also is not interested in investing in oil and gas.

integrated oils
David Fingold

VP and Portfolio Manager, Dynamic Funds

Price: $33.440
Owned: No

2016-06-22

BUY on WEAKNESS
BP PLC (BP-N)

Any time he sees a dividend over 5%, he starts to get a little concerned. Higher-quality names like this have really seen capital flow into them, given the meltdown we have seen on oil. Trading in the 30s in regard to PE, and at these levels there isn’t much patience for any bad news, and he would expect a pullback.

integrated oils
Kash Pashootan

Sr. VP & Portfolio Manager, First Avenue Advisory, Raymond James

Price: $33.890
Owned: Unknown

2016-05-30

COMMENT
BP PLC (BP-N)

Very much like all the other super majors. A very disciplined, very large project company with global assets. They are all categorized as safer businesses, more steady stream, not a lot of growth, and in really bad oil markets funds tend to allocate their money into them as safer places. His view is that the oil cycle is turning. This one is cheap trading at 4.5 X this year’s EBITDA. There is virtually no growth in the business. Prefers Suncor (SU-T), which has non-declining assets. (See Top Picks.)

integrated oils
Bruce Tatters

Founding Partner and CIO, Triumph Asset Management

Price: $32.360
Owned: Unknown

2015-08-24

COMMENT
BP PLC (BP-N)

(Bought when Cdn$ was at par. Sell and convert back to Cdn$?) You probably made 30% on the currency, but you lost 30% on the stock. Sector is cheap now, so wouldn’t recommend selling, but would recommend buying. He would look to sell some of those and lock in the FX gain, but roll that exposure into a Canadian ETF like an XEG-T so that when oil recovers, you don’t have the currency risk.

integrated oils
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Management Inc.

Price: $31.190
Owned: Unknown

2015-07-07

COMMENT
BP PLC (BP-N)

Would not have particularly favourable momentum characteristics for him. It is great that the lawsuits are behind them, but in general the price momentum on some of the stocks is not favourable.

integrated oils
Jason Mann

CIO & Co-Founder, Edgehill Patners

Price: $39.710
Owned: No

2015-05-04

PAST TOP PICK
BP PLC (BP-N)

(Top Pick Apr 24/14, Down 7.09%) We may see a roll over again, but otherwise he would say it is a buy.  Chip away at it.

integrated oils
Darren Sissons

Vice President and Partner, Campbell Lee & Ross

Price: $43.410
Owned: Yes

2015-02-12

PAST TOP PICK
BP PLC (BP-N)

(Top Pick Jan 6/14, Down 8.78%) It is such a cheap stock with a single digit multiple and a 5% yield, but that could get cut.  It throws off a ton of free cash flow.  They may become a net acquirer of cheap energy assets.

integrated oils
Lorne Steinberg

President & Portfolio Manager, Lorne Steinberg Wealth Management Inc

Price: $41.340
Owned: Yes

2015-02-03

COMMENT
BP PLC (BP-N)

British Petroleum (BP-N) or Royal Dutch Shell (RDS.B-N)? If you are looking for as much safety as you can in the commodity sector, Royal Dutch Shell has the best balance sheet of the 2. If you want a little more volatility, this would be the one. He likes both companies.

integrated oils
Darren Sissons

Vice President and Partner, Campbell Lee & Ross

Price: $41.100
Owned: Unknown

2014-12-22

PAST TOP PICK
BP PLC (BP-N)

(A Top Pick Dec 5/13. Down 11.96%.) Feels the majors generally are on sale. They have performed better, relative to the smaller/mid-cap stories. It gives you a relatively defensible dividend and you will get some upside. Up 13.5% from its 52 week low.

integrated oils
Darren Sissons

Vice President and Partner, Campbell Lee & Ross

Price: $39.100
Owned: Yes

2014-11-20

PAST TOP PICK
BP PLC (BP-N)

(Top Pick Dec 05/13, Down 5.72%) He is still buying it for clients.  The Russian event affected this stock.  This company is on sale and longer term oil prices are going higher.

integrated oils
Darren Sissons

Vice President and Partner, Campbell Lee & Ross

Price: $41.770
Owned: Yes

Showing 1 to 15 of 113 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.