Nov 29, 2013 Three years after the oil spill, BP announces that the compensation fund was running low but they would Figure 10: BP Stock Prices . BP share price (BP.), chart, recent trades High, 267.75, Low, 232.05. Volume, 114,928,824 FTSE ICB subsector, Integrated Oil and Gas. Company market BP agreed to pay $18.7 billion in fines related to the spill back in 2015. BP’s stock price was sitting at roughly $59 prior to the spill, and so far the company’s share price has fallen short BP's shares fell 3% at the start of trading in London today after the oil company was hit with a lawsuit from the US government over the Deepwater Horizon disaster. The prospect of BP facing even greater costs over the worst offshore oil spill in American history knocked 15p off its share price, which dropped to 461.1p.
Jun 2, 2010 The company's share price, along with that of Halliburton, an oil-services company that is also implicated in the Gulf of Mexico spill, fell sharply on
BP's shares recovered some of the losses during London trading hours to end 6.6% lower at 365.5 pence. The recent price moves mean the oil giant's share price has almost halved since the Deepwater Horizon oil spill began on 20 April. By the end of the disaster, 3.2m barrels of oil had leaked into the Gulf. Although BP was not the sole owner of the rig, it took the lion's share of the blame – share price more than halved It also paid $4.0 billion to BP related to settling all claims related to the Deepwater Horizon incident. The new ruling may lead to additional penalties that could range from $5 billion to $20 The drop is despite the company reporting much better than expected first quarter results on Tuesday. BP’s shares traded down 6.8 percent at 582 pence at 1516 GMT, lagging a 1 percent drop in the STOXX Europe 600 oil and gas index. As happened in previous days, the biggest share price drop came after markets
Since the blowout, BP has sold off $75 billion of assets to cover unprecedented government fines, private damage claims and legal bills. It has retooled facilities, ousted two top executives and been lucky with the ups and downs of oil prices.
Jun 2, 2010 The company's share price, along with that of Halliburton, an oil-services company that is also implicated in the Gulf of Mexico spill, fell sharply on View the latest market news and prices, and trading information. Day Range. 17.23 52 Week Low/High 45.38 European stock losses intensify as investors weigh up stimulus plans and oil slides. Mar. 18, 2020 at Oil prices have suffered their biggest daily drop since the Gulf War in 1991, falling more than 20 %. Mar. The market punished BP after the incident and the stock price continually decreased until bottoming out on June 25 after roughly a 55% decrease. As shown in Feb 6, 2020 BP and Shell have both posted a steep drop in earnings in 2019 on the a steep decline in profits in 2019 after average oil and gas prices were more after helping BP recover from the Deepwater Horizon oil spill in 2010. BP has been ordered to pay $5.5 billion to settle civil damages claims made by the U.S. Treating the worst oil spill in U.S. history as an ordinary and necessary losses they blamed on the U.S. offshore drilling ban imposed after the 2010 spill. The study found that under an $80 oil assumption, comparable to the price
BP's share price has fallen to its lowest level in nearly six years after posting worse-than-expected results this morning. Shares in the oil giant, whose replacement cost losses increased by 130
Since the blowout, BP has sold off $75 billion of assets to cover unprecedented government fines, private damage claims and legal bills. It has retooled facilities, ousted two top executives and been lucky with the ups and downs of oil prices. BP and Royal Dutch Shell have both reported a steep decline in profits in 2019 after average oil and gas prices were more than 10% lower than the year before. However, markets responded very differently to each company’s set of results – with Shell, which reported first on 30 January, seeing its shares fall while BP shares rallied after its results were released on 4 February.
Dec 16, 2010 The prospect of BP facing even greater costs over the worst offshore oil spill in American history knocked 15p off its share price, which dropped
On 1 October, BP's London Stock Exchange price reached 439.75 pence, the highest point since 28 May. By 2013, BP had dropped from the second to the fourth Aug 9, 2017 The BP stock price has dropped due to the crash of oil prices, but that isn't The Deepwater Horizon spill, considered the worst of its kind in US history, barrels of oil before a leaking pipe was finally capped after 87 days. Sep 10, 2014 Deepwater Horizon was a deepwater, offshore oil drilling rig owned by After the spill, the U.S. Environment Protection Agency (the EPA) 2010, BP's share price came down by 55%—from $59.48 a share to $27 a share. Apr 29, 2010 Since the Deepwater Horizon drilling rig caught fire, BP's shares have As happened in previous days, the biggest share price drop came after Dec 16, 2010 The prospect of BP facing even greater costs over the worst offshore oil spill in American history knocked 15p off its share price, which dropped Jun 12, 2010 The Deepwater Horizon oil spill in the Gulf of Mexico has created a run on The plunge seems unjustified and leaves BP trading at a bargain price. nurses to rejoin workforce amid pandemic · Pregnant teen falls to her death from U.S. border wall Here is a more recent post on the oil spill and BP stock.
Jun 10, 2010 BP shares tumbled 11pc on Thursday morning after US officials signalled they would take BP oil spill: Billions wiped off value BP as share price plummets BP shares fall on dividend fears amid increased flow Photo: AP. Nov 13, 2019 Oil Spill Turned BP Into a Dividend Stock. For the last few years, However, it has risen steadily since management cut the payout. The company's The problem involves a seemingly immovable stock price. BP traded at $38 How BP's share price has reacted to key events since the sinking of the Deepwater Horizon oil rig in the Gulf of Mexico on April 20. Jun 1, 2010 BP shares fall 13% as its oil well continues to leak, and the US Oil giant BP's share price has closed down 13% after falling at one stage to its BP said later that it hoped to contain the spill "within 24 hours" by sealing the Apr 19, 2019 A brown pelican drenched in oil by the Deepwater Horizon spill in 2010.Charlie Riedel/AP. Nine years ago, BP's Deepwater Horizon drilling rig exploded off the coast been reduced in areas that had been affected by the spill, compared with In Private Facebook Groups, Doctors Share Their Worst Fears. Comparison of Exxon and BP share prices after respective oil spills; BP The BP share price dropped repeatedly as reports of crew fatalities, fishing bans, the Jun 24, 2010 BP's stock price hit a new low Thursday, amid a sell-off in the broader equity the costs to BP (BP) and the rest of those involved (in the oil spill), and estimates Some analysts have called the stock a 'buy,' even after recent