|
both RIG and BP are buys.
Transocean aleady got an insurance payout on the rig and is not liable for the leak, BP is. Off shore Drilling moratorium is the only threat here. No dividends here.
BP lost well over 30b in market cap. Exxon Valdez cost exxon $4m or about $10b in todays terms. BP has 7% dividend.
both have short term risks, but long term buys for sure.
|