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Dividends in a Real-World Setting. BP’s situation and dividend decision after the Deepwater Horizon accident in 2010

Name: Dividends in a Real-World Setting. BP’s situation and dividend decision after the Deepwater Horizon accident in 2010
Price: 5.99 EUR
Availability: InStock
Author: Anonym
ISBN: 978-3-668-49195-3

Essay, 2016

4 Seiten, Note: 3,0

Anonym

Inhaltsangabe oder Einleitung

BP is one of the world’s leading international oil and gas companies. BP was founded in 1908. Today, BP has its headquarters in London. BP provides their customers with energy for heat and light, fuel for transportation and a lot more services.

At one of BP’s oilrigs, “Deepwater Horizon” in the Gulf of Mexico, an accident occurred on 20 April 2010. A gas release and subsequent explosion cost 11 people the land resulted in 4.9m barrels of oil being discharged, threatening marine life and hundreds of miles of coastline.

After this accident, the US government wanted BP to use the profit to pay for the Gulf of Mexico clean up instead of paying dividends to their shareholders, which put BP under intense pressure.

Details

Titel: Dividends in a Real-World Setting. BP’s situation and dividend decision after the Deepwater Horizon accident in 2010
Hochschule: University of Newcastle (Finance)
Note: 3,0
Jahr: 2016
Seiten: 4
Katalognummer: V371068
ISBN (eBook): 9783668491953
ISBN (Buch): 9783668491960
Dateigröße: 773 KB
Sprache: Englisch
Schlagworte: corporate finance, finance, share, bp, oil crises, dividend

Arbeit zitieren: Anonym, 2016, Dividends in a Real-World Setting. BP’s situation and dividend decision after the Deepwater Horizon accident in 2010, München, GRIN Verlag, https://www.grin.com/document/371068

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