BP’s steady recovery could be undone by Deepwater court case

http://www.guardian.co.uk

BP’s steady recovery could be undone by Deepwater court case

Solid results will improve confidence if, of course, BP can avoid prosecution over the Gulf oil spillBob Dudley has tried, over his short tenure as boss of BP, a few eye-catching – but ultimately unsuccessful – moves to attract the attention of investors and restore the company’s still-sagging share price. More workaday news such as Tuesday’s bounceback to profitability and decision to raise the dividend 14% plus a series of positive statistics about how many wells are being drilled and the successful acreage secured, might be a better way of achieving his goal.

published date:Tue, 07 Feb 2012 10:09:43 GMT
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