in 12 months the BP share price and dividend could turn £10k into…
The BP (LSE: BP.) share price hasn’t set the world alight over the last 12 months, rising just 2.25%. Yet after climbing 24% in the last six months, it’s starting to look more like the recovery story is on. As someone who bought the stock last autumn, I’m hoping the momentum continues. So what can we expect?
BP has had a bumpy millennium. Fifteen years ago, its shares traded close to 650p, before the Deepwater Horizon disaster in April 2010 triggered $65bn of fines, compensation, and clean-up costs. Since then, the FTSE 100 stalwart has seen plenty of peaks and troughs as oil prices rise and fall. Today, the stock trades at around 435p, still down a third from its former highs.
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