BP is all things oil and gas. From exploration to refining and selling, it’s among the world’s largest integrated oil companies.
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management issues will create more costs than precidicted
With all due respect. How much cost can they create that $70 /barrel of oil cannot fairly easily make up for?
As long as they don't decide to stop selling oil right now they should be in very good shape.
-Smallcapscout
what management issues? see this comment....Like Warren Buffet, I believe you invest in people, not companies. CEO Tony Hayward is a man of vision. He realizes that BP is not in the Oil business, it's in the Energy business and runs BP accordingly.
downward momentum !
for more information, refer to my blog
Management issue is not so important at a oil giant. Oil price is.
Unless the CEO Hayward is a pure idiot. Well, that is very impossible according to his background.