My only concern with BPT is that the cash will be used plus another 80 million for development exploration so they really need to add about 5 to millionb barrels top reserves.
Also I wouldnt be quoting dividends to include the special fivi. Div yield is about 2-2.2% which is still good for an oiler. Its a low risk company due to reserves and cash flow and worth alot more than 71.5 cents ($1-1.3) however I agree there is nothing that can produce a 2-3 bagger in the next few years
I may take profits on Tuesday if it trades 73 plus buy more TAP. I would be interested in peoples thought on the reltive upaide of both companies if nayone knows the both well
BPT Price at posting:
70.6¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)