Posts Tagged ‘BP plc (BP)’

Is BP the Best Petroleum?

Friday, July 5th, 2013

When I first bought it, I thought so. Great dividend, great growth, made lots of money. Then the FL leak and I bought a little too early, then sold a little too early. Now they are down again. Thinking…

Short Memories Make Long Profits

Saturday, February 2nd, 2013

OK, so this is about investing, not morality. If someone were to ask what the best oil stock was for the past decade, most would say Exxon. That is because BP is in the dog house for the screw up in the Gulf. And it will take longer to forget BP making a mess than it took for people to forget about Exxon because BP isn’t US company.

That said, I like BP on dips below 41. They are already bringing their dividend back and before the disaster it was my best dividend stock.