
BP Stock Bruised but Cheap Five Years After Deep Horizon Oil Spill
It's not all doom and gloom for BP, though shares have fallen 30% since its tragic 2010 oil spill in the Gulf of Mexico.
NEW YORK (TheStreet) -- It's not all doom and gloom for London-based BP (BP) .
Shares have slumped almost 28% since April 20, 2010, when the company's Deepwater Horizon rig exploded, sending 3.19 million barrels of oil into the Gulf of Mexico. Rivals including Exxon Mobil (XOM) and Chevron (CVX) are up 27% and 40%, respectively, over the past five years.