By The Numbers
- Dell Has Worst Day in 11 Years, Volume Jumps
- What Would it Take for Facebook to Eclipse Visa's Record IPO?
- Gold Turns Negative for 2012
- The Worst-Performing Energy Stocks This Week
- Papa Johns Hits Record High, Volume Spikes
- S&P 500 Earnings: Biggest Surprises
- Big Lots Has Worst Day Since 2008, Breaks Technical Level
- BP Oil Disaster: Two Years Later
- eBay Has Best Day Since 2008, Volume Spikes
- Here are Today's Winners on the Biotech Index
EDITOR
ABOUT BY THE NUMBERS
#GIOVANNYMOREANO ON TWITTER
100 Days Later: BP Down $70 Billion in Market Cap
Quantitative Analyst
![]() |
Getty Images A flare burns from a drill ship recovering oil from the ruptured BP oil well over the site in the Gulf of Mexico on June 9, 2010 off the coast of Louisiana. |
One hundred days after the massive oil leak in the Gulf of Mexico, the future of BP [BP
Loading...
()
] is yet to be determined.
Since April 20, when BP's Deepwater Horizon oil rig exploded, the company's market cap value has plummeted $70.3 billion, or about 59 percent, as of Tuesday's close.
While BP and the federal government struggled to stop the estimated 35,000 to 60,000 barrels of oil discharged into the gulf each day, the company's shares hit their lowest level since 14 years, closing at $27.02 on June 25. At that point, the market cap loss of BP stood at $104.7 billion, or about 124 percent of the company's value before the explosion.
Since June 25, however, BP shares are up 40.6 percent, but still down 59 percent from where they closed on the day the spill began.
![]() |
The table below depicts how BP shares, and other companies impacted by the spill, have performed since that tragic day on April 20:
![]() |
Source: CNBC Analytics and Thomson Reuters
Send comments to:
- Mitt Romney is likely to win enough delegates Tuesday to become the GOP presidential candidate.
- The authors and business leaders discuss private equity and running a business in an election year.
- If this past weekend is any indication, automakers and dealers could have a great summer, says Phil LeBeau.
- A Gallup poll says 26 percent of American adults are obese. Here's where the portliest are found.
- Solving Europe’s crisis is really up to the politicians and not the economists says CNBC’s Kelly Evans.
- Emerging-market bulls should look to Brazil, South Africa and Russia, as well as Thailand and South Korea.























