BP stock has recorded a dreadful decade of returns, largely driven by the cost of the 2010 Gulf of Mexico oil spill and the subsequent oil price crash.
Though debt is a little on the high side, operationally, the situation continues to improve with cash flow at current commodity prices comfortably covering CapEx and the dividend.
With a 6.5% dividend yield, plus the real prospect of renewed growth on top of that, the outlook for the stock is also much healthier.
It has been a tough decade for oil major BP (NYSE:BP). The company has had to contend with the ongoing, albeit self-inflicted, damage caused by the Gulf of Mexico oil spill back in