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BP – a buy to double your money within in five years

By Tom Winnifrith & Steve Moore | Monday 12 May 2025


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


We’ve previously recommended shares in BP (BP.) but sold in 2023 when a 516.4p share price meant the prospective dividend equated to a 4.3% yield. The company was also then, with Chair Helge Lund and CEO Bernard Looney, emphasising “investing more in the energy transition and BP's transition” instead of recognising the multiple examples of ‘go woke, go broke’. However, the company has recently, much more sensibly, emphasised “a fundamental reset of our strategy - to grow the upstream, focus the downstream and invest with discipline in the transition”, yet the share price means the prospective dividend equates to a near 7% yield. The following details why we consider the shares now again income value.
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