BP Management: We Have Some Big Things Coming Down the Pipe

Anyone invested in BP (NYSE: BP)for a long time probably hasn't been too impressed with its performance. On a total return basis, the company has gained only 11% over the past decade, the worst showing among the integrated majors over that time frame. Some of the causes of the underperformance were specific to the company -- namely, Deepwater Horizon -- while part of it had to do with the general malaise in the oil industry.