u/Foxiya ·
Reddit — r/stocks
· March 31, 2026 at 12:06
· ⬆ 20 pts
· 💬 35 comments
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I bought BP (BP.US) at $28 and I’m currently up around 70%. I’m trying to decide whether it makes sense to take profits now or keep holding for longer.
My main question is how people here are thinking about BP at current levels. Do you still see upside from here based on oil prices, dividends, buybacks, and valuation, or does the risk/reward now favor selling or trimming the position?
I’m a bit torn because locking in a 70% gain feels sensible, but I also don’t want to exit too early if the stock still has room to run. For those following BP closely, what would you watch most right now: earnings, energy prices, debt, macro conditions, or something else?
Not asking for financial advice, just looking for different perspectives from people who follow the stock.