In the following video, Fool.com contributors Tyler Crowe and Aimee Duffy discuss BP's (BP +2.12%) recent struggles to stay on budget in several ultra deepwater exploration projects. Tyler discusses several of these projects and why the company continues to struggle with rapidly rising costs, tells investors what it means for the company, and questions whether or not these projects are worthwhile.
BP Can't Keep Its Budget in Order
By Tyler Crowe and Aimee Duffy – May 13, 2013 at 9:35AM
NYSE: BP
BP
Market Cap
$94B
Today's Change
(2.12%) $0.76
Current Price
$36.58
Price as of November 7, 2025 at 4:00 PM ET
Why is BP having such a hard time staying on budget?
About the Author
Tyler Crowe is a contributing Stock Market Analyst for The Motley Fool covering energy, materials, transportation, and industrial stocks.