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


Essai, 2016

4 Pages, Note: 3,0

Anonyme


Résumé ou Introduction

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.

Résumé des informations

Titre
Dividends in a Real-World Setting. BP’s situation and dividend decision after the Deepwater Horizon accident in 2010
Université
University of Newcastle  (Finance)
Note
3,0
Année
2016
Pages
4
N° de catalogue
V371068
ISBN (ebook)
9783668491953
ISBN (Livre)
9783668491960
Taille d'un fichier
773 KB
Langue
anglais
Mots clés
corporate finance, finance, share, bp, oil crises, dividend
Citation du texte
Anonyme, 2016, Dividends in a Real-World Setting. BP’s situation and dividend decision after the Deepwater Horizon accident in 2010, Munich, GRIN Verlag, https://www.grin.com/document/371068

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