» Topic: British Petroleum (BP)Bonner & Partners

Thursday, 18 January 2018

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British Petroleum (BP)

Welcome! Forums The Big Picture British Petroleum (BP)

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    JAY V.

    Its price multiple to Ebitda is relatively cheap (vs other majors) at around 6x, the dividend is a quarterly payment currently at 5 – 6%. The penalties for its Macondo well blow up in the Gulf of Mexico is pretty well understood. The outlook is positive, and on a risk adjusted basis I like it at these prices… FWIW.

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