Page 4 - Thompson Financial News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sips that april 20th rig explosion. stock has fallen 50%, tony. up today when the broader market is down. of the 14 analysts surveyed by thompson financial, none of them rate bp stock to sell. even now, you ve got eight of them saying buy it, and six of them saying hold it, don t do anything. so we wanted to know, why is that? why do people recommend to investors, look, you should maybe buy this stock? here s why. there s a lot of things that make bp a very strong company. we re going to go through them for you. first of all, this company has $6.8 billion of cash on hand, very deep pockets. can do anything it wants with that money. they suspected their dividend and announced that last week. that gives them $10.5 billion more dollars cash on hand in their pockets per year, which, again, they can do whatever they want with. you look at the company in terms of the oil reserves that they have. as of last year, the latest numbers they that we have, bp had 10.5 billion barrels of oil ....

Thompson Financial , April 20th Rig Explosion , April 20th , Don T , 110 5 Billion , 110 5 Billion , 8 Billion , 26 8 Billion , Oil Reserves ,