Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. “This Stock Could Be Like Buying Amazon in 1997” The BP share price held firm today, even thought the oil giant reported a 66.5% drop in first-quarter underlying profits to $791m. Net debt jumped $6bn to $51.4bn. Markets knew what to expect, as the oil major is reeling from the Covid-19 lockdown and a vicious oil price crash.The good news is that BP (LSE: BP) is standing by its dividend, for now, even as more than a third of FTSE 100 companies have axed theirs. This leaves the stock offering a mind-boggling yield of 10.23%, which is hard to resist. It’s a buy for me, but a brave one.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The BP share price fell by half in the early weeks of the coronavirus stock market crash, with only a tentative recovery lately. Its troubles are hardly surprising, as the world swims in a metaphorical sea of unwanted crude, and oil producers are paying people to take it off their hands.Stock market crash bargainThe world is sitting at home rather than driving and flying and today, BP reported a 50% drop in fuel demand. Total Q1 revenue fell 11.7% to $59.5bn. Continuing to pay the dividend will delight investors, but it won’t come cheap.Management is taking the axe to capital expenditure and selling assets, but that can only go so far. At some point the oil price must recover, otherwise the BP share price will decline further, and that dividend will become unsustainable.BP also needs to continue squeezing operating costs, a process that began after oil fell to $26 in July, and is now even more pressing. Analysts at Redburn recently put BP’s breakeven price at $53 a barrel. At time of writing, Brent stands at below $20, with WTI at just over $10. BP is aiming to reduce its breakeven price to $35. But, as you can see from those figures, it needs the oil price to recover as well. The sooner the better.The BP share price can bounce backAs the world wearies of self-isolation, it will start burning oil again. However, I wouldn’t expect a quick return to former consumption levels, especially from airlines.These figures run to 31 March, and the oil price crash only made itself felt in the last month. The next set of quarterly numbers are likely to look even worse, menacing the BP share price again. New BP boss Bernard Looney has committed to making the business carbon neutral by 2050, so has a lot on his plate. It still has Deepwater compensation payments to fund too. The dividend lives to fight another day, but Looney didn’t make any promises about maintaining the payout. However, BP stood by its dividend during the last crash in 2016, defying the sceptics, and investors who bought then were glad they did.Even a 50% cut would still leave the BP share price yielding around 5%. I’d grit my teeth, and buy it. Harvey Jones | Tuesday, 28th April, 2020 | More on: BP See all posts by Harvey Jones Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Enter Your Email Address The BP share price yields 10%. I’d buy it despite the oil crash I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images.