skip to Main Content
Get your free newsletter: Actionable insight each morning for self-directed investors. 

BP

We have first quarter earnings from BP out this morning and the company has comprehensively beaten analyst expectations. High crude prices are clearly a key driver here whilst payments in the wake of the Gulf of Mexico oil spill are also being wound down. Yes there are longer term questions over the use of fossil fuels, but the company is reigning in spending and investors seem as if they’ll have something to cheer in at least the medium term.

Just Eat

There’s a Q1 update from Just Eat out this morning as well, showing continued growth for the online food ordering business. Revenues are up 49% despite order numbers only rising 32%, showing a growing focus on more expensive foods. Acquisition and the timing of Easter have both proved flattering for the comparators, but that pivot towards working with more expensive partners could prove key, with revenues collected as a percentage of the order value.

Aviva

Good news for shareholders in Aviva, with the company announcing that it is to start a £600m share buy back. The business is so flush with cash that it’s already admirable 5.2% dividend yield is set to increase further, so the decision has been taken to return some cash to shareholders using a different approach. With a market cap of just over £20 billion, this buy back equates to around 3% of the shares in circulation.

Become a better investor with SharePad Designed to give you the confidence to pick your own investments, Sharepad gives you access to a wealth of information on UK, US & European stocks. Find out more

Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Tony Cross

Tony Cross

Tony Cross is a market commentator with over 15 years of experience, producing compelling, insightful copy for journalists and investors alike. Focusing on macroeconomics, UK blue chip equities and inter market analysis, Cross's commentary is well regarded for its clarity and ability to cut through the waffle. He has been quoted in publications as diverse as The Financial Times, The Times, The Guardian and The Sun. He has also been a regular guest on both Share Radio and TipTV.

Stocks in Focus

Here are some of the smaller companies we are following most closely. They all represent significant growth stories in our view. Our in-depth reports go into more detail on why we like them.

Comments


Get your free daily newsletter: 

Thanks to our Partners

Our partners are established, regulated businesses and we are grateful for their support.

Pepperstone
FP Markets
IG
Spreadex
Trade Nation
WisdomTree
ActivTrades
Back To Top