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BP (NYSE:BP): Current price $42.32
BP had a bit of a rough departure from its joint-venture TNK-BP in Russia, but in public, the firm kept a positive view of that country. Privately, the United Kingdom oil giant’s opinion was far from its public version, according to its internal documents which referred to Russia as ” corrupt, inefficient and dominated by Putin’s security friends.” As for BP’s Russian operations, a 2012 security assessment of the firm’s top threats, viewed by The Wall Street Journal, said that “business planning and investment are complicated by continued problems of corruption, resource misallocation and ineffective courts and civil remedies.”
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