The Market Response

Colin Read
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Colin Read: SUNY College

Chapter 23 in BP and the Macondo Spill, 2011, pp 202-206 from Palgrave Macmillan

Abstract: Abstract In the heyday of rising oil prices, and just four years before the Deepwater Horizon spill, BP ranked fifth in the world in the value of non-state owned firms. With a market value of $233.2 billion, BP had been rising rapidly in both value and rank. It ranked second among oil firms, and followed only ExxonMobil, General Electric, Microsoft, and Citigroup, in that order.139

Keywords: Stock Price; Stock Prex; Economic Damage; Market Response; Owned Firm (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30508-3_23

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DOI: 10.1057/9780230305083_23

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