BP (BP) Trades Higher As "Top Kill" Starts
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Shares of BP (NYSE: BP) are trading slightly higher as the company started the "top kill" procedure to stop the gushing Gulf oil well.
If the procedure is successful the stock could see a major relief rally. It could take 48 hours to find out the results of the risky "top kill."
Other stocks that have been hit hard by the oil spill include: Transocean Ltd. (NYSE: RIG), Cameron International (NYSE: CAM), Anadarko Petroleum Corporation (NYSE: APC) and Halliburton Company (NYSE: HAL).
If the procedure is successful the stock could see a major relief rally. It could take 48 hours to find out the results of the risky "top kill."
Other stocks that have been hit hard by the oil spill include: Transocean Ltd. (NYSE: RIG), Cameron International (NYSE: CAM), Anadarko Petroleum Corporation (NYSE: APC) and Halliburton Company (NYSE: HAL).
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