BP p.l.c. (ADR) (NYSE:BP)

PE low, fracking,yield 6.1%, fracking

energy and legal battle should be ending over the next year

I am finally going to plunge and buy BP becasue:

1. It appears it is highly probable that the company will reach a settlement with the U.S. Government on civil and criminal charges in the near future related to the gulf oil spill.

2. BP made good progress with resuscitating its brand image in 2011.

3. A federal judge in late December ended BP's three-year probation for the negligent discharge of oil in Alaska in 2007. This allows BP to resume drilling in that territory and should provide a psychological lift to the stock as well.

The stock provides a robust 3.8% dividend. Given its improving cash flow, the company should begin raising its dividend again once it completes putting the gulf oil spill fallout behind it. The median analysts' price target on BP is $54 a share and S&P has a price target of $58 on the stock. BP still sells in the bottom third of its five year valuation range based on P/E, P/B, and P/S. Jefferies just upgraded BP from Hold to Buy due to good news in BP's legal battles and the stock is cheap at less than 7 times forward earnings.

high ROE relative to industry; low P/B

Hey, that Gulf disaster was so two years ago. The market will soon forget about it when they see all that nasty profit. XOM survived the Valdez disaster, and BP will weather through their shame all the way to the bank.

Turnaround story, as soon as the company gets the oil spill ordeal out of the way, the price will recover and the company will be better off in the future after selling off all underperforming aspects of the organization.

BP is one of the premier companies in the gas game and I don't think the stock price has fully recovered from the oil spill. They killed theri divident for 1-2 quarters after the spill and when it returned, it was only half of what it used to be. I expect them to fairly aggressively raise it to get some ground back on where it used to be. I think this stock is a slam dunk, room for growth and a healthy growing dividend, I know I will be putting some cash into it soon!

See that spike in October 2011/ There's a lot more where that came from.

Hated/under owned. Will take some time...best value of the "big oil" bunch.

p/e 5.51
divd yld 4.15%
I think this is very cheap company

Value pick, very low pe right now. Should recover completely from the spill in a few years.

Love dividend stocks that trade on a discount. Hopefully (for many reasons) one disaster is enough for them.

BP's dividend of 42¢ per quarter is only half the pre-spill dividend of 84¢ per quarter. In the coming year or two as BP restores it's dividend in full BP's share price should appreciate to show a dividend yield in line with it's oil sector peers.

think it has potential

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.

$100 stock soon enough! Interesting to see how they will maintain the dividend once profitability stabalizes.

Should reach a price of $65 per share within 3 years just to reach the PE of its industry group. Also, the dividend yield is now about 4%. The dividend was cut by 50% at the height of the Macondo well disaster. There is strong pressure in UK for BP to restore the dividend to its old, or higher, level.

I think BP is putting deepwater behind them. Their ratio of EBITDA to EV is a very low 4.45. They pay a 4.4% dividend. Then the final point is Seth Klarman bought for 10% of his portfolio at $41.

BP will come back as a stronger and more responsible company than it was before the spill. The price is almost back down to where it was at the time of the spill. Once the market turns around and gas prices go back up, this stock will go straight up.