Tuesday, July 8, 2014

Hot European Companies To Watch For 2015

Hot European Companies To Watch For 2015: BP p.l.c.(BP)

BP p.l.c. provides fuel for transportation, energy for heat and light, retail services, and petrochemicals products. Its Exploration and Production segment engages in the oil and natural gas exploration, field development, and production; midstream transportation, and storage and processing; and marketing and trading of natural gas, including liquefied natural gas (LNG), and power and natural gas liquids (NGL). This segment has exploration and production activities in Angola, Azerbaijan, Canada, Egypt, Norway, Russia, Trinidad and Tobago, the United Kingdom, and the United States, as well as in Asia, Australasia, South America, North Africa, and the Middle East. This segment also owns and manages crude oil and natural gas pipelines; processing facilities and export terminals; and LNG processing and transportation, as well as NGL extraction facilities. BP p.l.c. has interests in the Trans-Alaska pipeline system, the Forties pipeline system, the Central Area transmission sys tem pipeline, the South Caucasus Pipeline, and Baku-Tbilisi-Ceyhan pipeline, as well as in LNG plants located in Trinidad, Indonesia, and Australia. The company?s Refining and Marketing segment involves in the supply and trading, refining, manufacturing, marketing, and transportation of crude oil, petroleum, and petrochemicals products and related services to wholesale and retail customers primarily under the BP, Castrol, ARCO, and Aral brands. Its Other Businesses and Corporate segment produces and markets rolled aluminum products, as well as generates energy through wind, solar, biofuels, hydrogen, and carbon capture and storage sources; and engages in shipping activities. The company was founded in 1889 and is headquartered in London, the United Kingdom.

Advisors' Opinion:
  • [By Fede Zaldua]

    British Petroleum (BP) is now recovering fast from the 2010 Gulf of Mexico incident that erased well over $40 billion from the oil major'! s market capitalization. Now, the company expects cash margins from its major projects starting up in 2014 to be twice the average of it current portfolio. The company has recently decided to increase its quarterly dividend by 5.6% and use $10 billion from additional asset sales to increase distributions to shareholders in the coming two years – mostly through buybacks. According to most analysts, British Petroleum shall pay a 5% dividend yield in 2014 and the company should be able to keep increasing its cash payout at the current pace. Held by Baupost's Seth Klarman, British Petroleum sells for 2014 8.8 times earnings and times 5.3 times EV/EBITDAX.  

  • source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/hot-european-companies-to-watch-for-2015.html

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