is this for real????

[jhu]

bp is a trilliondollar company???

 

[EmperorIQ]

what is bp?

 

[ugh]

British Petroleum

 

[bigrash]

Originally posted by: jhu
bp is a trilliondollar company???

bp is huge. i'm not surprised

 

[Mill]

Their market cap is only about 240 billion, so that is wrong.

 

[jhu]

Originally posted by: Mill
There market cap is only about 240 billion, so that is wrong.

hmmm... do they really have 21 billion shares outstanding? if so, they really are worth $1.3 trillion

 

[AMCRambler]

I thought Amoco owned BP? Or is that the other way around?

 

[bigrash]

Originally posted by: AMCRambler
I thought Amoco owned BP? Or is that the other way around?

I think it's the other way around

 

[Mill]

Originally posted by: jhu

Originally posted by: Mill
There market cap is only about 240 billion, so that is wrong.

hmmm... do they really have 21 billion shares outstanding? if so, they really are worth $1.3 trillion

They don't. I'm not sure what kind of crack Yahoo is smoking, but they are nowhere near that large.

 

[crownjules]

From Marketwatch.com:

Market Cap: 228.94B

Yahoo must have something messed up. MarketCap is Shares Outstanding x Share Price. To get a trillion+ market cap, BP would need to have some 21B shares outstanding at current share price. Marketwatch shows that they only have 3.46B outstanding, which is in line with their reported MarketCap.

 

[StrangerGuy]

These oil companies are filithy rich...

 

[iwantanewcomputer]

wrong...exxon mobil is biggest company by market share at 363B

 

[drnickriviera]

Originally posted by: iwantanewcomputer
wrong...exxon mobil is biggest company by market share at 363B

It's sad when Google has a market cap of 123b

 

[halik]

Originally posted by: jhu
bp is a trilliondollar company???

google is worth a sh!tload too . Market Capitalization != value of the company.

Somehow i don't think BP is worth 20% of US gdp though....