Morningstar's Paul Justice sees the issues facing BP as being industrywide and that investors should look at smaller oil explorers and natural gas plays instead of buying a basket of oil majors.
Morningstar StockInvestor editor Paul Larson says the potential downside is capped for this coastal Florida landowner, while the upside is big at current stock prices.
Morningstar's Eric Chenoweth on the factors driving BP's difficult and uncertain containment efforts, stock fair value, and dividend security, plus an alternative for current BP shareholders.