Interesting chart from Morgan Stanley Europe:


BP has underperformed its European oil peers by 20% since April 20

click for larger graph


Category: Earnings

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2 Responses to “BP Under Performing Its Peers”

  1. At this point in time, they’re peerless

  2. philipat says:

    If Obama crries on pushing down BP’s price it will get taken out by CNOOC. The Chinese are scouring the globe for resources and paying whatever is necessary. The Chinese don’t care about the US liabilities if that’s the price they have to pay for BP’s reserves. They have quite a lot of green paper to recycle anyway, so may as well use it before it gets devalued.