2010 Deepwater Horizon accident did not harm BP's long-term stock market returns

A new analysis of the aftermath of the deadly 2010 Deepwater Horizon accident suggests that, while the reputation of BP—the oil and gas company responsible for the event—declined through 2017, its stock market returns were not significantly affected in the mid- to long-term. William McGuire of the University of Washington in Tacoma and colleagues present these findings in the open-access journal PLOS ONE on June 15, 2022.


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Source: Phys.org