A 2010 low of 1576. What you're doing is using a veritable behemoth in Shell (market cap 500x XEL) to back up your argument. Trying comparing the price of XEL's contemporaries pre and post fallout from Deepwater. As i said the market may be assigning a cost to smaller cap oilies in the light of potential clean up liabilities. Shell have deep pockets....the likes of XEL don't.
not 100% sure but as far as i remember shell dropped to £14 / £15 the day after the explosion but recovered very quickly..........makes your statement look ridiculous in my opinion........have a good day
"the Deepwater spill has subdued the market in O&G exploration......if a company as big as BP can almost be brought to it's knees perhaps the market now exact a higher price when they value an O&G company. BP have done nowt but sell off the family silver for the last couple of years to meet liabilities."
bears any resemblance to your 11.17 post
however........lets just agree to disagree.........taking up airtime
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