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Recent Developments Make BP Attractive For Value And Income Investors

BP (NYSE:BP) carries the highest risk profile among the integrated majors, beacuse it faces a set of unique risks. These include a significant investment in Russian oil production, and the lingering uncertainty of the ongoing 2010 Gulf of Mexico spill trial. Because these issues impact BP specifically, the stock trades at a significant discount to others in its peer group like Exxon Mobil (NYSE:XOM) and Chevron