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BP p.l.c.: Positive Changes, But Still A Value Trap
filmestria According to Bloomberg, energy supermajor BP p.l.c. (NYSE:BP) trades at 7 times forward earnings compared to US majors Chevron (CVX) and Exxon Mobil (XOM), which trade at 11.7 and 13.6 times respectively. Look at the forward price-to-earnings …