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Started By
Message
BP drop watch thread
Posted on 12/10/14 at 9:13 am
Posted on 12/10/14 at 9:13 am
4
Posted on 12/10/14 at 9:15 am to white perch
Losing the appeal has nothing to do with the drop IMO. That was already priced in for the most part; no one thought they would win.
Look at all the majors. BP is actually not dropping as much as some of them. I'd take a hard look at CVX if you are looking at long term here. Hard to pass on a 4% yield with this price
Look at all the majors. BP is actually not dropping as much as some of them. I'd take a hard look at CVX if you are looking at long term here. Hard to pass on a 4% yield with this price
Posted on 12/10/14 at 9:20 am to white perch
Concerning oil and oil services, Marathon Oil and Haliburton are tanking at a much faster rate than BP.
MRO, HAL
MRO, HAL
Posted on 12/10/14 at 9:22 am to white perch
LINK
quote:
Thousands of BP's global work force of around 84,000 are expected to lose their jobs, sources said.
Posted on 12/12/14 at 10:52 am to white perch
Lots of talk in the O&G industry about BP being a prime target for an acquisition
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