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BP is all things oil and gas. From exploration to refining and selling, it’s among the world’s largest integrated oil companies.
1. BP has normalized ROE is about 18%-23%, and it's selling for 1.5x tangible book value, and 56% BELOW it's Graham number. 2. Seth Klarman is a buyer around $40 and BP is now Baupost's largest position, per gurufocus.3. A 5.3% dividend yield...WOW!
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