2J·

BP shares, how much longer will the plan work?

Hello dear community,

I have been running a small savings plan on $BP. (+0,44 %) and have recently returned to the green zone with the share.

What is your assessment of BP in terms of the company's current and future (short-sighted) business model?

Should I get out of BP and switch to e.g. $SHEL (-0,02 %) or just let it run.

8 Commentaires

Shell is in many ways better than BP, so I would know what to do 😎. On the other hand, if you believe the rumours, your BP shares will turn into Shell after they buy out BP anyways. I don't believe the rumours, but if so, you can save yourself the costs of selling out of BP and buying Shell

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Silas W.@DynasticGrind

@JorisInvests I think BP is too large to just swallow whole at the moment and a minority stake is much more likely, if anything of that sort to begin with. If I were in Shell's shoes, I'd want to leverage the Sterling against the historically-weak Dollar and try to get as big a stake in USD-denominated projects (i.e. Exxon, Chevron, Marathon,...) as possible before Trump takes his coat and leaves (which might not happen... We'll see.) For now it seems as though that's the case, at least with BP.

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Smudo@Smudeo

23H

Both stocks are only dividend stocks. Have other oil companies, among others, slightly falling prices only cash flow through dividends @Haberlapp what do you expect from your share strategy?

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Haberlapp@Haberlapp

21H

@Smudeo Some time ago I set up a dividend play on Trading 212 with BP, among others. The realignment of the company is no longer quite right for me and I had hoped for a takeover by Shell, but this did not materialize. Shell would be a worthy replacement for me in terms of dividend yield, non-US and future prospects.

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KroateOhneHaare@KroateOhneHaare

Huge fan of Shell.
Largest share position in the portfolio and in my opinion better positioned than BP in every respect.

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Silas W.@DynasticGrind

BP is by far my largest position due to the growth since I bought it (I haven't paid €2.50 per share), but I wouldn't necessarily buy more. There are much better companies in the energy sector in terms of strategic positioning. BP didn't do itself any favors with its back-and-forth on the zero emission and burned hundreds of millions for nothing by then rowing back again. Then it was said that they had postponed and now suddenly that they wanted to concentrate on oil and gas after all. The management at BP has a problem and this is sometimes expensive, especially in comparison with other companies such as Chevron, Shell or Exxon, etc...

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Haberlapp@Haberlapp

@DynasticGrind And that's exactly why I'm considering switching my savings plan to Shell, for example, and selling my position, which is now up a good 6%, and investing in Shell, for example.

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Silas W.@DynasticGrind

@Haberlapp m. In my opinion, all energy companies are currently valued quite highly. Overall, however, this applies to the broad market either way and buying nothing at all is not an alternative. I don't think you'll do badly with Shell, especially if you plan to reinvest the dividends without any gaps - which should be a condition for dividend stocks anyway, until they become "self-sustaining" - at least that would be my approach. At the end of the day, you have all the time in the world and can do it in tranches, e.g. in thirds or similar.

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