4 Energy Stock Stories for the Weekend

BP (NYSE:BP): Closing price $44.48

From a court filing in London, it seems that BP would like a reduction of$3.4 billion in its potential penalty for the oil spill pollution linked with the 2010 Deepwater Horizon oil rig incident. As a rationale, the oil giant is looking for credit on collecting 800,000 barrels of oil from the Gulf, while it faces a whopping potential fine in excess of $20 billion.