BP Stock Analysis: An End To The Oil Spill On BP’s Books

July 23, 2015

Summary

  • July brought the announcement that BP finally reached a deal to settle the remaining damage claims from their 2010 Deepwater Horizon oil spill.bp stock analysis
  • Despite the recent toll the U.S.’s nuclear deal with Iran has taken on the oil and gas industry, analysts expect the BP stock to rally in the coming weeks.
  • BP has enough cash to pay dividends this quarter, even if it was not generated entirely in this quarter.
  • The majority of analysts agree that a healthy future is imminent for BP.
  • I Know First’s algorithmic Forecast is bullish on BP.
The I Know First algorithm is bullish on this stock in the long term, with a bullish algorithmic forecast to support the fundamental analysis of BP stock.

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