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Tim Travis
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Tim Travis is a veteran deep value investor and money manager. Travis has extensive experience in traditional investments such as stocks and bonds, in addition to having a unique methodology of combining options and distressed investing with value investing to generate income, reduce risk, and... More
My company:
T&T Capital Management
My blog:
T&T Capital Management Blog
My book:
Learn to Treat Your Portfolio as a Business
  • BP Struggles To Plug The Valuation Gap-WSJ 0 comments
    May 2, 2012 1:09 PM | about stocks: BP

    British Petroleum's (BP) stock price has not fully recovered since the Macondo oil spill in 2010 despite rising oil prices. In my opinion this is primarily a function of uncertainty pertaining the ultimate liabilities. Once the final numbers are known I believe that it is very likely that BP will see an increase in price to trade more in line with its peers. BP has taken the right steps through their asset disposition strategy, and while their recent earnings release wasn't very impressive, they are currently ramping up on some development projects which should boost production. Of the major integrated oil companies I believe that BP offers by far and away the best opportunity for future returns.

    http://online.wsj.com/article/SB10001424052702304868004577377843356600940.html?mod=markets_newsreel

    Disclosure: I am long BP.

    Stocks: BP
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