By Chris Bailey of Financial Orbit | Saturday 5 October 2019
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I guess I should offer my congratulations to BP (BP,) chief executive Bob Dudley who next February will retire from the position (and the company) after the thick end of a decade in charge. Some of the plaudits I read about him being the man 'who saved' BP after the Gulf of Mexico debacle are a touch wide of the mark, but certainly he was a force for stability and continuation. BP shareholders loving up their edged up dividend over the last five years will no doubt agree.
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