12-16-2014, 08:22 AM
BP is an interesting choice with the huge restructuring that is taking place in the company. Since 2010 they have divested over $43B in assets to cover the cost of the gulf spill. They are now taking an ax to employees, to downsize the work force such that it matches the new size of the company. There is also some discussing of the dividend taking a hit, as the dividend was based upon the earlier much larger company, and now represents quite a bleed on the smaller company. I'm not saying that BP won't be a great investment, but am saying that all of the above muddies the picture much more than is the case for COP, CVX, XOM for example.
Alex