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BP PLC (BP)

London
Symbol
Exchange
Currency
BPLondonGBP
3LBPLondonGBP
3SBPLondonGBP
BPlBATS EuropeGBP
BPNYSEUSD
BPNMexicoMXN
BPNBIVAMXN
BPSwitzerlandCHF
BPEzTradeGateEUR
BPXetraEUR
BPTradeGateEUR
BPFrankfurtEUR
BPEzFrankfurtEUR
BPBuenos AiresARS
Currency in GBP
Disclaimer
514.90
+2.50(+0.49%)
Closed

BP Comments

This is a great company with superb management well positioned for energy transition and will emerge stronger after Covid. Best big oil by far..! Heavily investing in renewables and electricity.. Very strong balance sheet!
 Oil will still be a big part of earnings for the forseeable future. Don't expect much profit if any from renewables until the latter half of this decade. But, they have two big oil projects coming online next year that should boost earnings, and 2.5 bill of savings, which should significantly boost EPS.
Shell is by far the best oil major. Lower cost per barrel, market leader in LNG and marketing, strong trading unit and massive free cash flow even with a low barrel price. Additionally, they invest heavy in renewables and signed big projects with Microsoft and Amazon. What's positive for BP, it offers a higher dividend yield
 ABSOLUTELY NOT TRUE Emissions from Shell’s operations were 30% higher than BP’s over the last ten years. BP has more proved reserves compared with Shell and has also been consistent in maintaining it’s reserves volume over the last ten years. Shell in both efficiency and refining availability. BP has more cost-efficient upstream operations, with its ten-year average upstream unit production cost ($9.46bn per barrel of oil equivalent) being roughly 18% less than that of Shell ($11.64 per barrel of oil equivalent). BP’s refining availability is also higher at 94.87%, compared to Shell’s 91.66%. BP is more environment friendly than Shell BP has improved its focus on emissions and safety following the Deepwater Horizon explosion. The direct greenhouse gas emissions measured in millions tonnes of CO2-equivalent have consistently declined over the last ten years for the company, averaging at 55.67. Shell’s emissions were 30% higher on average, at 72.6, during the same period.
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