+ Watch BPT
on My Watchlist
The Company operates as a grantor trust.
BPT owns a diminishing pool of oil, but is starting to increase drilling to enhance the amount of oil it owns.
Very strong financials. Income statement and cash flow look great. Incredible dividend. Everyone should have a little of this in their portfolio. Target $120.
Price currently reflects lower production levels, but dividend is still among highest paid. Steady state.
Bought on dip. Hoping it was a gift, as I believe the stock will benefit from forces pushing oil higher.
Steady returns and supply will keep this stock outperforming for the long term.
Last I heard Prudoe Bay has more oil than originally thought. Should pay nicely for quite a few years.
low P/E cash fountain
This has a great dividend and is an energy stock. I think that energy prices still have long term price appreciation potential because world usage is on the rise.
Even when the US want Oil to go away... Well, let get our collective heads out of "you know what" and figure out it. Oil is here to stay in one form or another. I'm glad we are trying to figure out how to use this natural resource more efficient. BPT with it's Dividend yield... and the times are changing where the US dollar is weak and our Fed Rev is doing everything they can to do. Wow. My pick for the weeks!
China and Russia prime targets for shipping of oil and gas from this local in the future - I think. US has a glut and BP has a relationship.
Short Watchlist - part of the terminal trust triumvirate with GNI and WHX. This is my least favorite of the 3 on the downside - just a little bit more uncertainty regarding value. Anyone shorting these or selling puts in RL?
Someone who knows nothing about trusts wrote an article on Seeking Alpha, and the share price got hammered. Not sure if the two are related, but the article made me go out and do my own calculation. The share price is fair at $120, with Oil at its current price. The dividend should go over 10% in April.
Our oil situation is only going to get more complicated with time given the volatile Middle East amd increasing demand from developing countries.
This stock is consistantly paying dividends from it's profits, which are quite large. Well run company, good management.
face-melting yield and ROA
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