{"id":1626,"date":"2016-05-20T02:48:51","date_gmt":"2016-05-20T02:48:51","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=1626"},"modified":"2016-05-19T07:53:49","modified_gmt":"2016-05-19T07:53:49","slug":"the-low-oil-price-a-consequence-for-bps-revenues","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=1626","title":{"rendered":"The Low Oil Price: A consequence for BP&#8217;s revenues"},"content":{"rendered":"<p>BP, one of the largest oil companies in the world.<\/p>\n<p><a href=\"http:\/\/www.bp.com\" target=\"_blank\">http:\/\/www.bp.com<\/a><\/p>\n<p>It has been widely reported the failing price of crude. Today crude is trading at $47 a barrel = <strong>\u00a332<\/strong><\/p>\n<p>In economics, Revenue is defined as Price x Volume. [<strong>R=PV<\/strong>]<\/p>\n<p>So when the volume of\u00a0oil sales remains stable, and the price is falling, then revenue will fall.<\/p>\n<p>One can see this the revenues of BP over the past 3 years.<\/p>\n<p>BP&#8217;s revenues in \u00a3<\/p>\n<p>2015\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2014\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2013<br \/>\n\u00a3153,689m\u00a0\u00a0\u00a0\u00a0 \u00a3243,791m\u00a0\u00a0 \u00a3261,421m<\/p>\n<p>in \u00a3<strong>Billion<\/strong><br \/>\n\u00a3<strong>153<\/strong> Bn\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a3<strong>243<\/strong> Bn\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a3<strong>261<\/strong> Bn<\/p>\n<p>One can see the dramatic fall in revenues year on year, and this makes the dividend harder and harder to pay.<\/p>\n<p><a href=\"http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?username=&amp;ac=&amp;csi=10022&amp;record_search=1&amp;search_phrase=BP\" target=\"_blank\">http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?username=&amp;ac=&amp;csi=10022&amp;record_search=1&amp;search_phrase=BP<\/a><\/p>\n<p>Currently the <strong>dividend yield is over 7%<\/strong>, the question is how long is that sustainable.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BP, one of the largest oil companies in the world. http:\/\/www.bp.com It has been widely reported the failing price of crude. Today crude is trading at $47 a barrel = \u00a332 In economics, Revenue is defined as Price x Volume. [R=PV] So when the volume of\u00a0oil sales remains stable, and the price is falling, then [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1626","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1626"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1626\/revisions"}],"predecessor-version":[{"id":1627,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1626\/revisions\/1627"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}