We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Stubborn discount

30 July 2013 By Kevin Allison

Higher taxes, a lower-than-expected contribution from Russian partner Rosneft and mounting Gulf of Mexico spill costs marred the UK major’s latest quarter. As long as BP remains at the mercy of forces outside its direct control, the derisory valuation will be hard to correct.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)