BP plc (ADR) (BP)
An oil company, whose activities include oil and natural gas exploration, oil supply and trading as well as refining and marketing, manufacturing, marketing and distribution of petrochemicals and marketing and trading of natural gas.
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New CEO is moving company to a better position debt and expensewise. Diversified in green tech.
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Oil play. Good, safe yeild. Buying whenever under $50
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BP has been making strides in the energy sector, but the government has been investigating it due to refinery explosions and rumors of lax safety standards.
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gas prices going high
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Reversion to the mean. This stock has been so run down, that it is one of the cheapest stock to buy on a per barrel basis (half the price of XOM). Now is XOM better than BP? Probably, is it twice as good? Don't think so :)
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It pays a great dividend and lives in a critical industry
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Low P/E and good dividend. Oil is rising and I bet that 2Q will be better than the 1Q earnings.
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Americans will continue to buy gas and oil regardless of the price.
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diminishing supply, increasing demand.
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Until gas prices drop it seems only smart to be in on what may be one of the great American scams of our century. Consider it return of partial premium every time you stick nozzle down the hole just to grin and bear it.
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12 month consensus on NASDAQ is $81, I think it will be $90 in 12 months. The PE ratio predicted to go down through 2010. Outperform!
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So much bad news on this stock- one of these days some goods news will move it higher, 4% dividend , while you wait.
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BP - a scandel ridden Oil giant - Good Buy IMHO - scandel is only transient and big oil is being very conservative about increasing production in the face of high prices. Those High prices are going to be around for a while - chiefly because OPEC really don't invest enough and have become used to the largesse of high oil prices and a global economy tolerating them..
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With yield above 5% it is one of the safest pick. It reports its Q1 results on 4/29/08 and is expected to report $1.71 EPS. How could it miss the target when oil has been trading at record high throughout Q1 2008. I think BP should be trading around $70 by end of this month.
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Another one I like long term, but not necessarily at this price....but I want to pick it so I do not forget it. Their alternative energy division is what is looking good to me, wind turbines and biofuel research and enough capital to go somewhere with it
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Oil! With the recent dip, it is a good opportunity to invest in a company with a high yield that does business with a commodity in increasing demand and dwindling supplies
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Oil and gas will continue to rise. Aslong as there is a non democratic Middle East.
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Take advantage is the temporary drop in crude oil to pick up one the world's major oil companies at a discount price. Trading at pe of 10 and peg of 0.74 with a 3.5% dividend yield to boot, BP is as cheap as it's gonna get for the foreseeable future.
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Margins should expand and everything else will follow.
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Whatever... they better be dynamic.

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