Pounds, Shillings & Pence...BP

A quick glimpse at Her Majesty's British Petroleum

Digging up the financial histories of oil companies isn’t a hard thing in terms of brain power.

It just takes a lot of time.

I sift through old annual reports and Moody Manuals.

I reference old newspapers to get share price data.

It’s a time consuming tasks.

That’s until I rebuilt British Petroleum.

P.S. I will never refer to this company as “Beyond Petroleum.” To me it will always be British Petroleum or Anglo-Iran or Anglo Persia.

Anyways, it’s funny how the well run companies are also the easiest to rebuild and the underperformers are always the toughest. Guess where, this one fits in.

The stock is at its lowest levels relative to the market and versus competitors like XOM & CVX in 70+ years.

Let me put this into perspective.