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Tom Winnifrith Bearcast - Being a Purplebricks bull must be enough, I'd imagine, to turn a man to drink
Published 11 days ago
Hello Share Scratchers. On the heels of my last piece, in which I commended the fortunes of giant oilers, a few readers have asked me which jumbo firm do I prefer. I suppose the choice for British investors is between Shell (RDSA) and BP (BP.) I have big holdings in both outfits, but I lean towards one of them.
Published 13 days ago
Hello Share Riddlers. Many of us still invest in oil giants. This is often because of the juicy dividends they pay, while staying fairly secure as reliable cash earners. I think most of us expect that Brent crude will keep rising in value. Yes, there was a nasty fall a few months ago, but the price is making what appears to be a sustained rally now. It’s the oil price which has brought the main oilers fatter profits lately.
Published 160 days ago
Hello, Share Markers. The big story of the week has not had much publicity. It’s the fact that Brent Crude reached a new high of $80 a barrel. Not an all-time record, of course, as it has traded at $140. But it could reach $100 in my view before it begins to fall again.
Published 196 days ago
Hello, Share Seekers. Having just filled my tank at huge cost, I rather think that the BP (BP.) balance sheet is having a jolly old time. The price of Brent Crude has been dithering lately, due to a surfeit of the black stuff in America. And yet the price at the pumps has soared.
Published 235 days ago
Hello, Share Sorters. One of the big British oilers whose share price I expect to see escalate, once the penny of rising oil prices finally drops, is Tullow (TLW).
Published 277 days ago
Hello Share Strikers. In recent weeks, nay months, I’ve advocated buying shares in the big oilers, like Shell (RDSA) and BP (BP.). I was very lucky here. And I still think there’s some way to go, with the price of Brent Crude once again at the top of the tree.
Published 332 days ago
Hello, Share Dazzlers. With all the hoo-hah about trade wars, world debt and high PE’s, one positive signal is creeping up on the rails. I refer to the galloping price of oil. Brent Crude is breaking recent records. As I write, Brent is nearly $71 a barrel. Last July I recall, it was around $40.
Published 378 days ago
Hello, Share Seekers. I have a bigger holding than is safe with BP (BP.), but I don't think I’m going to sell any for some time. Which is a bit of a silly statement to make as, just like any other company, the story could change at any time. But BP has ridden out the storm of compensation. And though the fight isn’t over yet, I think share shifters like us need not worry too much. This is a huge company which can absorb most shocks.
Published 387 days ago
Hello, Share Chillers. We have two reasons the Footsie is flat at the mo. One is the usual January post-Christmas party hang-over. Shares rose fast just before the 25th in a rosy cloud of Yuletide optimism. But, as nearly always happens, January produces a headache.
Published 392 days ago
Hello, Share Trekkies. The oil price still forges ahead. It’s around $71 for a barrel of Brent crude. And yet the big oil companies are not really reflecting the boom. However, they’ll probably catch up soon.
Published 431 days ago
Hello Share Blasters. On the road in the grim north, I don't have access to the usual research channels. So allow me to review a trio of shares I've scanned in more detail recently, but which I believe have not so far taken full advantage of the current Santa Rally.
Published 529 days ago
Hello, Share Splurgers. This seems a good moment to review Royal Dutch Shell (RDSA), that huge Footsie company upon which so many pensions, insurance giants and hedge funds rely. It also happens to represent my biggest shareholding. And that, silly me, is far in excess of my usual 10% of my bag allowed to any company. Holding more than a tenth of your assets in one firm is not a safe thing to do.
Published 623 days ago
Hello Share Swabbers. I’ve held Tullow Oil (TLW) shares for as long as I can remember. At one stage they were up 120%. Nowadays I’m down by 50%. Like all the other big oil producers the share price has been attacked by the falling value of Brent crude. But Tullow seems to have suffered more than most.
Published 636 days ago
Hello Share Smashers. OPEC, the cartel of 12 big oil producers led by Saudi Arabia, has let us down.
Published 638 days ago
Hello Share Ticklers. The old memory doesn’t get any better as I motor towards the end of life’s great highway, but I don’t think I've looked at IMI (IMI) here before.
Published 639 days ago
Hello Share Crunchers. I hold stock in an awful lot of oil producers, perhaps too many. But one company which has never lit my fire is Cairn Energy (CNE). Maybe I should dip in, though.
Published 657 days ago
Hello Share Grinders. Unusually for me, I’m a little pessimistic this weekend. And the cause - a very weak oil price. This is a big disappointment, as the signs a few months ago were that the price of the ebony nectar was on the rise.
Published 669 days ago
Hello Share Snappers. It’s a bit disconcerting when you elect a share to bring to your notice and then find it appears on the list of most shorted shares on this stupendous website.
Published 1390 days ago
Predicting the future is hard, particularly if you attach a date to your prediction as then observers can pretty easily work out if you were right or wrong. No one likes being wrong, so most soothsayers try to avoid this trap by being wooly about the timing. In my very first post about the oil price I was just as cautious, with a vague prediction that in the long run prices would oscillate around about $80/bbl.
Published 1534 days ago
The US Supreme Court has piled more misery on BP (BP.) by rejecting its legal challenge to the compensation package over the 2010 Gulf of Mexico oil spill.
Published 1644 days ago
BP (BP.) shares are trading at 481p on a PE ratio just 6.6 and a dividend yield of 4.8%. The quarterly dividend has recently risen by more than 8% to 9.75 cents per share. BP is my largest holding, and the one I have held for one of the longest time. I am not selling.