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Monday, Dec 3
2012, 10:26 AM
Oppenheimer's Fadel Gheit seems on board that bigger isn't necessarily better at the...
Oppenheimer's Fadel Gheit seems on board that bigger isn't necessarily better at the post-Macondo BP (BP -0.6%), believing it will be better off as a smaller firm focusing on higher-return projects at a time when the biggest oil companies post sluggish growth and seem too spread out. BP should say whether it will keep shedding assets or stay at its current size, a Simmons analyst says.