BP is all things oil and gas. From exploration to refining and selling, it’s among the world’s largest integrated oil companies.
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Still room to grow following the disaster, the best case study being Exxon. Increasing dividends, get in while still cheap and reap a chunky yield.
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I am a BetterInvesting member and selected this stock with my SSG (www.betterinvesting.org).
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Oil is up, resulting in BIG profits for oil companies! BP will be over $50 by the end of second quarter!
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Undervalued due to oil spill in the Gulf of Mexico.
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Way undervalued since the oil spill last year. Should catch up to competitors over time. Dividend is also low right now.
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It's difficult to like BP as a company, but it sure is cheap...even after its post-disaster rally. Even with the potential damages from the mess that it helped create in the Gulf, there's no reason that it should trade at a 70% discount to Exxon. Plus, it's possible that RIG will end up having to pay for some of the mess and BP won't be on the hook all by itself.
I toyed with buying BP at the height of the disaster, but eventually decided to place my bet on ESV. That worked out well, but now that there is a little less uncertainty BP looks like an interesting bet.
Deej
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They have oodles of cash. Oil is rising and, in the long term, will continue to rise. They are on a low pe compared to shell. They were unjustly vilified over the spill (if you disagree, I challenge you to name, off the top of your head, the other two companies involved in the spill). They will soon be drilling in the Gulf again as the US tries to secure domestic supply. The spill is now old news and the market soon forgets.
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Even the Russians can't stop this companies comeback.
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will benefit from inflation as oil prices continue to rise. Still well below price before the gulf spill. Recently reinstated dividend
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Stock is beaten down. Price of oil will rise. BP has reserves. Ultimately the stock will revive.
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Oil will be big in the future; and this is one of the largest oil companies there is... BP is a little bit beaten right now but they'll recover soon enough!
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Awaiting news on the one year anniversary, dividend is turned back on, what do you think is going to happen?
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This giant oil company is at a low price... but not for long, I think it will deliver 30%+ gains im the months ahead.
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Japan's nuclear situation and high gas prices should help take the focus off BP's oil spill last year.
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As the company recovers from the Gulf oil spill their profits will return and the stock will head upwards.
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BP has already recovered most of its losses under the bill of attainder attached to it following the Gulf deep well disaster.
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This stock has nowhere to go but up after the oil spill
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The government just recently approved drilling in the Gulf. Good news for fuel companies. I think that BP will get back to where it was before the oil spill.
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