Tuesday, November 2, 2010

BP (NYSE:BP) Shares Should Trade Active Today

BP's (NYSE:BP) shares are expected to trade active today in anticipation and response to their latest quarterly report.

There are no expectations of surprises from BP, which should remain suppressed from the ongoing uncertainty of its overall liability in the Gulf of Mexico oil spill.

Analysts on average are looking for about $1.51 earnings per share, with a range of $1.44 to $1.59 per share from several analysts.

BP closed Monday at $40.77, losing $0.03, or 0.07 percent.

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