Stocks With Gulf Exposure Rising Today (APC, RIG, BP)

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The three companies with the most exposure to the Gulf oil spill are seeing their stocks rise today. BP
BP
has jumped 3.81% after putting in a strong performance yesterday. Over the last three months, the shares have fallen nearly 40%, leaving BP with a market cap of only $106.65 billion. Transocean
RIG
, which leased the Deepwater Horizon rig to BP, has gained 4.11% to $46.09. Over the last three months, RIG shares have fallen 46.12%. Transocean has a market cap of $14.75 billion. The stock is trading at a P/E multiple of 5.11. Anadarko
APC
owns a 25% non-operating stake in the project which has become an unmitigated environmental disaster. During today's session, APC has surged 4.44% to $40.89. Over the last three months, APC has lost 43.35%.
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Posted In: Intraday UpdateMoversEnergyIntegrated Oil & GasOil & Gas DrillingOil & Gas Exploration & Production
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