Amareos

Federico Bagiotti, CFA

Equity Bottom-Up

<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/019/602/original/BP%20Front.jpg?1485194015" class="editor-image img-responsive" data-smartkarma-image-id="19602"></figure><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/019/603/original/ASSFN%20170123%20BP%20Table.png?1485194030" class="editor-image img-responsive" data-smartkarma-image-id="19603"></figure><p>The 2010 Deepwater Horizon<a href="#_ftn1" target="_blank">[1]</a> offshore drilling rig accident in the Gulf of Mexico was the greatest oil disaster in US history. In addition to the human cost (11 lives were lost), and the environmental cost resulting from nearly 210 million gallons of crude oil being spilled, the economic cost was also extremely high<a href="#_ftn2" target="_blank">[2]</a>. Indeed, in the two months following the disaster BP’s share price halved.</p><p>Despite global equity markets having been in a bullish uptrend over the past six years, BP’s stock price…</p>

The 2010 Deepwater Horizon[1] offshore drilling rig accident in the Gulf of Mexico was the greatest oil disaster in US history. In addition to the human cost (11 lives were lost), and the environmental cost resulting from nearly 210 million gallons of crude oil being spilled, the economic cost was also extremely high[2]. Indeed, in the two months following the disaster BP’s share price halved.Despite global equity markets having been in a bullish uptrend over the past six years, BP’s stock price…

BP PLC

BP: To Infinity, And Beyond (Petroleum)?