Looking at the main fundamentals, I identified the following.
Assuming, that Congress won't bankrupt the company( in the event of bankruptcy, the US-UK relationship may suffer), then everything will depend on the magnitude of the fines and the duration of cleaning up the oil spill.
Let's take, that the entire cache supply will be spent on cleaning( Order 10 mrd), more than 1 billion have already been spent, it will eat the order 2 dollars from
Understandably, that when the numbers on fines are known, it will be possible to talk about the assessment of the company. But already now , if consider, that the sector is traded 2:1 к book value( least) , then and at 50 млрд screw, one might say, that BP may well be assessed at the level 40 dollars.
Uncertainty , certainly, does not allow many investors to enter, and many need to liquidate their positions.
If someone believes in the company and wants to invest, then I just want to say, that it is still dangerous without hedging. There are many option strategies , which can be applied. to limit your downside.
Good luck
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