Fourteen months after the Deepwater Horizon oil spill started, BP
To be fair, BP was not the only company involved in the Deepwater Horizon accident, and it won't be paying the full bill for cleanup efforts. It just has the deepest pockets and the biggest bull's-eye for detractors and companies that were once partners.
Transocean and Halliburton
Paying up and moving on
The answer to whether Transocean, Halliburton, and Anadarko Petroleum have financial responsibilities looks like it may be decided in court. All three companies claim they did nothing wrong and have no responsibility, putting the entire blame on BP.
The final ruling for Transocean could show what kind of responsibility rig owners like SeaDrill
Foolish bottom line
A cloud of uncertainty will hang over these companies until a final answer is reached. Weatherford and MOEX can move on to bigger and better things, while Transocean is left pointing fingers at BP. It may be right, it may be wrong, but I wish these companies would sit down and resolve their differences. Bringing up the ghosts of oil spills past doesn't help anyone in the drilling industry, and doesn't endear you to partners needed in the future.
Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
The Motley Fool owns shares of Transocean. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.