Not Logged In Log In   Sign Up   Points Leaders
Follow Us    5:02 AM

Message Forum - Read Message

Category: Business news > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: Is BP done ? Post a Reply Back to Topics
OilHo

Champion Author
Ontario

Posts:10,774
Points:2,103,370
Joined:Jul 2006
Message Posted: Jun 12, 2010 12:58:54 AM

Their shareholders are weeping.
REPLIES (newest first)
Profile Pic
OilHo
Champion Author Ontario

Posts:10,774
Points:2,103,370
Joined:Jul 2006
Message Posted: May 1, 2013 2:32:09 AM

43.60 . They have not recovered since the spill. But they didn't go to jail. So It's not a total loss.
Profile Pic
OilHo
Champion Author Ontario

Posts:10,774
Points:2,103,370
Joined:Jul 2006
Message Posted: Mar 12, 2013 2:53:37 AM

40.60
Profile Pic
OilHo
Champion Author Ontario

Posts:10,774
Points:2,103,370
Joined:Jul 2006
Message Posted: Feb 10, 2013 12:00:14 PM

They will be OK.
Profile Pic
BigHorne1
Champion Author Missouri

Posts:1,502
Points:297,750
Joined:Jul 2012
Message Posted: Dec 28, 2012 1:47:26 AM

No, they have to much money and backing across the world. They should be punished harder financially, but they will get away with it, just a few billions in fines and they make ten times that in a year.
Profile Pic
OilHo
Champion Author Ontario

Posts:10,774
Points:2,103,370
Joined:Jul 2006
Message Posted: Dec 8, 2012 2:37:44 AM

They should be.
Profile Pic
OilHo
Champion Author Ontario

Posts:10,774
Points:2,103,370
Joined:Jul 2006
Message Posted: Nov 17, 2012 3:02:12 AM

4.5 Billion fine, they got off easy.
Profile Pic
Snowchoux
Champion Author Missouri

Posts:1,003
Points:145,635
Joined:Sep 2012
Message Posted: Nov 14, 2012 11:41:15 AM

I don't see why.
Profile Pic
stonecold5005
All-Star Author Waco

Posts:817
Points:20,240
Joined:Mar 2012
Message Posted: Jun 13, 2012 9:05:48 AM

no
Profile Pic
mistahocky
Rookie Author Chicago

Posts:65
Points:523,230
Joined:May 2011
Message Posted: May 3, 2012 12:11:47 AM

no
Profile Pic
OilHo
Champion Author Ontario

Posts:10,774
Points:2,103,370
Joined:Jul 2006
Message Posted: May 2, 2012 4:47:32 AM

42.70
Profile Pic
Caddyman219
Rookie Author Gary

Posts:7
Points:1,850
Joined:Mar 2012
Message Posted: Mar 28, 2012 3:02:19 PM

People always need gas
Profile Pic
majormarket
All-Star Author Houston

Posts:829
Points:790,235
Joined:May 2008
Message Posted: Mar 24, 2012 9:38:47 AM

Yup, BP is still around and its stock has been holding quite steady.

I've mused about buying some of it since it is got a lower P/E than its peers, a nice dividend, and possible upside since it will gain if the whole industry gains.

Of course, it has the stinky cloud of all of the lawsuits weighing it down, too. But, I doubt it will file for bankruptcy.
Profile Pic
daver39
Champion Author Toledo

Posts:8,320
Points:1,681,245
Joined:Jun 2003
Message Posted: Mar 6, 2012 6:46:22 AM

still there
Profile Pic
OilHo
Champion Author Ontario

Posts:10,774
Points:2,103,370
Joined:Jul 2006
Message Posted: Feb 5, 2012 2:35:03 AM

46.57
Profile Pic
OilHo
Champion Author Ontario

Posts:10,774
Points:2,103,370
Joined:Jul 2006
Message Posted: Dec 21, 2011 12:13:59 AM

41.89
Profile Pic
steelers6
Champion Author Indiana

Posts:5,449
Points:1,136,485
Joined:Jan 2010
Message Posted: Nov 18, 2011 5:33:22 AM

BP will be back
Profile Pic
OilHo
Champion Author Ontario

Posts:10,774
Points:2,103,370
Joined:Jul 2006
Message Posted: Nov 15, 2011 2:17:22 AM

Their hanging in
Profile Pic
CarolinaDragon
Champion Author South Carolina

Posts:6,520
Points:738,685
Joined:Oct 2009
Message Posted: Sep 24, 2011 9:10:36 AM

I do not think it is done yet. It appears to survive well with higher prices, necessary to pay legal expenses, keep its shareholders happy, and make profit.
Profile Pic
gcampbel99
Sophomore Author Cincinnati

Posts:224
Points:94,465
Joined:Jul 2011
Message Posted: Sep 20, 2011 5:34:07 AM

Unfortunately, No...With oil prices this high, they can continue to survive for a long time...
Profile Pic
OilHo
Champion Author Ontario

Posts:10,774
Points:2,103,370
Joined:Jul 2006
Message Posted: Sep 20, 2011 12:24:02 AM

Still trades about 20 bucks lower, than before the oil spill.
Profile Pic
alsblb
Veteran Author Illinois

Posts:455
Points:212,530
Joined:Feb 2010
Message Posted: Aug 1, 2011 9:00:33 AM

i still see a lot of people going to BP gas station...
Profile Pic
Tundralimited2009
Champion Author Dallas

Posts:38,812
Points:1,447,425
Joined:Feb 2009
Message Posted: Jul 28, 2011 5:37:32 PM

Great Copmpany still making a profit...
Profile Pic
sent4456
Champion Author Toronto

Posts:1,335
Points:2,125,985
Joined:Mar 2006
Message Posted: Jul 14, 2011 9:50:01 PM

I don't know,
Profile Pic
Tundralimited2009
Champion Author Dallas

Posts:38,812
Points:1,447,425
Joined:Feb 2009
Message Posted: Jul 14, 2011 10:32:51 AM

All the way to the bank
Profile Pic
Tundralimited2009
Champion Author Dallas

Posts:38,812
Points:1,447,425
Joined:Feb 2009
Message Posted: Jul 14, 2011 10:32:28 AM

Great Investment for Long hold
Profile Pic
Tundralimited2009
Champion Author Dallas

Posts:38,812
Points:1,447,425
Joined:Feb 2009
Message Posted: Jul 14, 2011 10:31:46 AM

All the way to the bank
Profile Pic
Tundralimited2009
Champion Author Dallas

Posts:38,812
Points:1,447,425
Joined:Feb 2009
Message Posted: Jul 14, 2011 10:31:20 AM

All the way to the bank
Profile Pic
Tundralimited2009
Champion Author Dallas

Posts:38,812
Points:1,447,425
Joined:Feb 2009
Message Posted: Jul 14, 2011 10:30:47 AM

All the wy to the bank
Profile Pic
Tundralimited2009
Champion Author Dallas

Posts:38,812
Points:1,447,425
Joined:Feb 2009
Message Posted: Jun 21, 2011 11:55:42 PM

Great Stock
Profile Pic
GLM4205
Champion Author Toledo

Posts:4,057
Points:800,295
Joined:Dec 2010
Message Posted: May 9, 2011 8:20:18 AM

God, I hope so.
But it will undoubtedly survive.
Profile Pic
OilHo
Champion Author Ontario

Posts:10,774
Points:2,103,370
Joined:Jul 2006
Message Posted: Apr 7, 2011 2:31:33 PM

Up on charges for killing those guys on the rig.
Profile Pic
Lurgen
Rookie Author Georgia

Posts:23
Points:3,605
Joined:Mar 2011
Message Posted: Mar 24, 2011 4:00:15 PM

I hope they are...
Profile Pic
j02
Champion Author California

Posts:4,595
Points:816,615
Joined:Jan 2011
Message Posted: Feb 1, 2011 3:56:29 PM

are they stiil weeping ?????
Profile Pic
clarbear
All-Star Author Milwaukee

Posts:608
Points:327,325
Joined:Dec 2010
Message Posted: Jan 30, 2011 9:21:07 PM

Bring back the AMACO name.
Profile Pic
Sneakers55
Champion Author Houston

Posts:51,306
Points:2,144,000
Joined:Nov 2005
Message Posted: Aug 19, 2010 11:05:51 PM

BP stock was $59.88 shortly after Deepwater Horizon blew.

BP stock went as low as $26.75 (on June 28th).

BP stock closed today at $36.24 on a day that was very bad for stocks.


[Edited by: Sneakers55 at 8/19/2010 11:06:57 PM EST]
Profile Pic
Sneakers55
Champion Author Houston

Posts:51,306
Points:2,144,000
Joined:Nov 2005
Message Posted: Jul 27, 2010 5:38:48 PM

We'll see how they do with the Amoco alumnus in the CEO spot.

Maybe after they get the well plugged they can change to the relatively untainted Amoco brand name.

Amoco didn't have explosions every few months at the Texas City Refinery, unlike BP.

BRING BACK THE TORCH 'N OVAL!
Profile Pic
Sneakers55
Champion Author Houston

Posts:51,306
Points:2,144,000
Joined:Nov 2005
Message Posted: Jul 15, 2010 6:48:39 PM

BP is looking to sell half of their interest in Prudhoe Bay. IIRC, a price that's been mentioned is $11 billion.
Profile Pic
MartiniGirl05
Rookie Author New Jersey

Posts:53
Points:24,565
Joined:May 2008
Message Posted: Jul 11, 2010 11:54:09 PM

God, I hope so.
But it will undoubtedly survive.
Profile Pic
ARXTRM
Champion Author Texas

Posts:2,032
Points:288,375
Joined:Mar 2010
Message Posted: Jul 9, 2010 4:39:52 PM

Their stocks were actually going up a while back, even though they are trying to get backing. Amazing how gouging big business works.
Profile Pic
OilHo
Champion Author Ontario

Posts:10,774
Points:2,103,370
Joined:Jul 2006
Message Posted: Jul 6, 2010 12:40:33 AM

They are out looking for backing over the weekend.
Profile Pic
Sneakers55
Champion Author Houston

Posts:51,306
Points:2,144,000
Joined:Nov 2005
Message Posted: Jun 26, 2010 9:11:32 PM

BP has a long way to go before they run out of money.

If it's as much as a hundred billion dollars, that's ten years of dividends.
Profile Pic
moeasyrider
Sophomore Author St. Louis

Posts:129
Points:41,270
Joined:Jun 2010
Message Posted: Jun 22, 2010 3:45:14 PM

No, they will suffer for a while, (financially and reputation wise)but it will business as usual after this episode.
Post a reply Back to Topics