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Yeah, that's why they are buying more assets. So they can go broke faster?http://finance.yahoo.com/news/BP-Acquires-Devon-Assets-for-zacks-3892183215.html?x=0&.v=1
The Devon deal was negotiated before the Gulf spill.BP is contracted to close and Devon couldn't be happier to be out of deepwater leases.
Are they still going bankrupt. 3.5 billion a quarter in free cash flow. Wow. That is a lot of cash. I'm sticking with BP.
Well I'm in ! BP may still go down some but it will come back up pass this point.Also ,that dividend will be back :)Yes I'll just buy , hold and be happy.