BP - Share price back at post-GFC levels

After last week's BP ironically un-capped oily share price slide I thought that this stock warranted further investigation to see just how much strife the company is really in.

As you can see above the company share price is hovering at around $38-$40 dollars which is well off the high for the year of $62 dollars. However, looking back at the history of the price - the last time that share price was around this range was in February 2009 - after the global financial crisis when the oil price dropped significantly to the $40/$50 a barrel mark. 

Furthermore, after mounting tensions in the US it appears that BP is looking at extra clean up costs, loss of asset and reputation and all still whilst the leak has not been fixed. 

What's up Jono? http://whatsupjono.blogspot.com 
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