BP Ord Shs BPAQF

Energy Oil & Gas Integrated

BP p.l.c. is a United Kingdom-based integrated energy company. The Company's segments include gas & low carbon energy, oil production & operations, customers & products, and other businesses & corporate. Its gas business includes regions with upstream activities that produce natural gas, integrated gas and power, and gas trading. Its low carbon business includes solar, offshore and onshore wind, hydrogen and carbon capture and storage and power trading. Oil production & operations segment comprises regions with upstream activities that predominantly produce crude oil, including bpx energy. Customers & products segment comprises its customer-focused businesses, which include convenience and retail fuels, electric vehicle charging, as well as Castrol, aviation and business to business and midstream. It also includes its products businesses, refining and oil trading, as well as its bioenergy businesses. Other businesses & corporate segment comprises bp ventures, Launchpad and others.

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BP Ord Shs

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Comment by Trevor007on Jul 07, 2010 12:48pm

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Post# 17250696

RE: Billions up for grabs...

BP will hit 15 dollars before they see the plus side of 35. They have a decade or two of litigation to wade through before they ever get clear of this mess. I am waiting for the 15 mark before I buy in.

Common sense should lift this to 35. The start of milling should lift it to 45. Success of the relief should take it to 55. I suspect the market will plateau it there for a bit until the 20 billion escrow is absorbed. One thing I'm curious about; Now that the government has set a 20 billion escrow precedent, will other companies have to post that amount before they start drilling again? Could get interesting. jmho

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