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I would invest in BP shares at the current price Image source: Getty Images. Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! BP has opted to maintain its dividend, which will cheer investors. However, this decision will place strain on BP’s balance sheet. With oil prices currently below the cost of pulling it out of the ground, BP loses money on every barrel it sells.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Planned divestments, intended to strengthen the balance sheet, won’t raise as much cash as anticipated as buyers will demand lower prices for businesses that produce oil that costs money to sell. BP is planning to cut oil and gas-related spending, which will free up some cash, but maintaining the dividend could cost the company dearly if debt continues to rise and the oil price remains low for longer than expected.BP’s boss has expressed concern that oil demand might have already peaked, which does not bode well for prices. That leaves a large part of BP’s oil reserves, estimated to last 12 to 14 years with “normal” demand, in danger of becoming stranded assets.Hindsight is 20/20When I bought BP, I did not foresee a pandemic crippling the global economy. At the time, I was aware of the outbreak in China but thought something like the SARS outbreak of the 2000s would be the likely outcome. I failed to account for the fact that the world has changed, and China, and everywhere else is much more connected domestically and internationally now then it was back then.If I could have foreseen the extent of the pandemic, I still would have bought BP, but I would have waited and bought it cheaper than I actually did. I did not buy BP because I believe fossils fuels have their best days ahead of them. I bought BP because I believe it can transition and be a force to be reckoned with in a greener future.Going greenBP wants to be carbon-neutral by 2050. It is investing in alternative and renewable energy, and energy efficiency projects to meet that goal. Recently, BP called on governments to press ahead with tackling climate change. Maybe it just wants regulations to stop its rivals carrying on with oil and gas wholesale and without penalty.I think BP is committed to going green and that 12 to 14 years of oil reserves should be enough to see it through the transition, without hunting for more. The question is how BP will pay for the change when the traditional business is in the doldrums. A dividend cut is warranted and may be announced later in the year. That may annoy traditional investors. However, if BP gets the message that it is changing, it will attract an entirely new shareholder base.Saudi Arabia’s sovereign wealth fund recently bought heavily into BP. They either see it as very cheap oil and gas company or something different from the very same business that underpins their economy. Sovereign wealth funds have long time horizons and a lot of patience, and I will also have to bide my time with BP. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. James J. McCombie owns shares in BP. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares Enter Your Email Address I spoke well of BP (LSE:BP) in January and bought shares in the company. That was before stock markets, and the price of oil crashed. Shares in BP lost around half their value as the coronavirus outbreak became a pandemic. BP’s results for the first quarter of 2020 were bleak. A $4.5bn loss highlighted the effects of meagre oil prices. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. “This Stock Could Be Like Buying Amazon in 1997” James J. McCombie | Tuesday, 19th May, 2020 | More on: BP See all posts by James J. McCombie