Analysts buy calls on BP?

[touchring]

Any thoughts?


http://seekingalpha.com/article/2621...side-potential

BP p.l.c. (BP) - provides fuel for transportation, energy for heat and light, retail services, and petrochemicals products. Its Exploration and Production segment engages in the oil and natural gas exploration, field development, and production; midstream transportation, and storage and processing; and marketing and trading of natural gas, including liquefied natural gas, and power and natural gas liquids. This segment has exploration and production activities in Angola, Azerbaijan, Canada, Egypt, Norway, Russia, Trinidad and Tobago, the United Kingdom, and the United States, as well as in Asia, Australia, South America, North Africa, and the Middle East. BP has outstripped the S&P’s 52-week return by 157.37%. The company is trading below analyst’s estimates. BP has a median price target of $55 by 8 brokers and a high target of $65. On Dec 14, 2010 Jefferies initiated coverage on the company with a Hold rating. Please review the illustration for BP’s summary and key statistics.

http://www.thestreet.com/story/11072...estimates.html

BP (BP) estimates, target raised at Benchmark. Shares of BP now seen reaching $70, according to Benchmark Company. Estimates also increased, given higher oil prices. Buy rating.

[chr5648]

Re: Analysts buy calls on BP?

Any thoughts?


http://seekingalpha.com/article/2621...side-potential



http://www.thestreet.com/story/11072...estimates.html

The time to buy BP was at $34 when the oil spill occurred.

[Andreuccio]

Re: Analysts buy calls on BP?

Any thoughts?

BP has outstripped the S&P’s 52-week return by 157.37%.

On April 8th, 2010, BP closed at 58.97. It dropped to a low of $27.02 in late June, due to a minor production problem which has since been resolved. The price has recovered most of the loss, and as I write this it's trading at $46.91, off a little over 20% since last year.

The S & P, on the other hand, has gone from $1186.44 to $1333.51, an increase of 12.4%.

I don't get how a loss of 20% outstrips a gain of 12.4% by 157.37%.

[touchring]

Re: Analysts buy calls on BP?

The time to buy BP was at $34 when the oil spill occurred.

i bought one batch when it was $38. Was waiting for it to drop to $20 before buying again, but it didn't happen.

When the price was at $34, some analysts said BP will go bankrupt. In comparison, BP today even at $46 is somewhat cheaper after you minus off the risk.

[Starving Steve]

Re: Analysts buy calls on BP?

Will it be solar panels and windmills and consequent starvation for everyone? Or will it be drilling and tar sands and atomic power and survival for everyone? You decide.

The question in algebra: solar + wind + hope = 0 ? Or: drilling + atomic power + tar sands + hydro electric dams + natural gas = prosperity ?

Will it be: ecology + bird habitat preservation ? Or will it be a lower cost of living and survival for people?

You decide.

Yes, I took my brain medication this morning.... Yes, I own BP and never sold it. Yes, I collected all the dividends along the way. Yes, this was and still is a no-brainer to me.