All the European supermajors BP, Shell and total appear to be transitioning to energy provider plays and buying up assets in this field. The American supermajors Exxon and Chevron don’t currently appear to be wanting to take the same route.
1 Like
Based on a recent IEA report Total and then Shell were the best positioned whilst Chevron and Exxon were the worst positioned so I think you’ve hit the nail on the head.
1 Like
Can BP stock be bought on Freetrade? I can’t find it when I search BP nor BP.L
Yep it is called BP and available 
1 Like
When you search bp it is actually 6th on list on my phone
2 Likes
1 Like
Interesting
1 Like
BP p.l.c. (LSE:BP.) agreed to acquire US solar development assets from 7x Energy, Inc. for $220 million on June 1, 2021. The transaction is expected to be completed in 30 days. (Simplywallstreet).
3 Likes
2 Likes
Good news, this is one of the UK stocks I have the greatest long-term confidence in for making a big return… Not just because of return to fossil fuel use post-COVID, but because they seem to be eager to pivot hard into green energy whilst keeping their original business viable.
3 Likes
They have the money/history to force themselves to the front of the clean energy market along with others by buying out smaller companies so a good long term in my view
3 Likes
2 Likes
“BP investors are set for £4bn payout as the price of oil rallies” BP investors are set for £4bn payout as the price of oil rallies
3 Likes
great news
2 Likes
Does this mean the dividend yield is going to grow by 4% a year? So it would be over 9% if happens 
is that correct in my thinking 
That’s not how percentages work. 
What you’re describing is an increase by 4 percentage POINTS, not by 4 percent.
If a dividend yield of 5% corresponds to £1 dividend, then a growth of 4% would give you £1.04 and the new dividend yield would be 5.2%.
5 Likes
Ah ok thanks get you! They did say percentage points but they probably don’t have to 
Up 9% in the last 7 days, glorious.
5 Likes