BP p.l.c. (ADR) (NYSE:BP)
CAPS Rating:
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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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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Recs
Gulf situation we would be looking at a 60-70 share price. Dividends expected to rise to 4.2 and with a PE ratio below 10 this company seems like a very solid long term buy. I expect this company, with the rise of dividend yields and buy back programs that BP will begin doing, this stock should be floating around the $65 range (66% increase from today) and a dividend yield nearing 4.2% $2.73 per share.