Monday, January 3, 2011

BP (NYSE:BP), Anadarko (NYSE:APC), Transocean (NYSE:RIG),

Now that the end of the year is here, it seems that it would be insightful to take a look at the major companies connected to the Gulf oil spill and how they fared over 2010, specifically BP (NYSE:BP), Anadarko (NYSE:APC), Transocean (NYSE:RIG), Halliburton (NYSE:HAL) and Cameron International (NYSE:CAM).

Interestingly, three of these companies closed the year out near annual highs, rebounding strongly after the spill.

For BP (NYSE:BP), they ended the year at $44.17, gaining $0.28 on December 31, up 0.64 percent. The company had a 52-week trading range of $26.75 to $62.38. They ended the year with a market cap of $138.34 billion.

Anadarko closed the year out at $76.16, gaining $0.57 on the last trading day, up 0.75 percent. The trading range for 2010 was from $34.54 to $78.98. They ended the year with a market cap of $37.74 billion. They're one of those that finished the year strong, even with a 25 percent stake in the oil well that failed.

Transocean finished off the year at $69.51, gaining $0.38 on Friday, up 0.55 percent. The 2010 trading range for them was $41.88 to $94.88. They closed off the year with a market cap of $22.18 billion. They owned the Deepwater Horizon oil rig and were leasing it to BP when the well failed.

Halliburton ended 2010 at $40.83, down $0.18 on the final trading day of the year, losing 0.44 percent. Their trading range for the year was $21.10 to $41.73. Their market cap heading into 2011 is $37.14 billion. They closed out the year near their annual high. Halliburton did the mud job on the Macondo well.

Cameron International finished 2010 at $50.73, gaining $0.16, or 0.32 percent on the last day of the year. Their 52-week trading range was $31.42 to $51.71. Their market cap at the end of the year was $12.31 billion. Cameron also ended 2010 close to their annual high. Cameron supplied the blowout preventer to the failed Macondo well.

2 comments:

Douglass Graem said...

My pick is RIG

Anonymous said...

I pick RIG also and bought 67.50 Jan & Feb calls