BP Revives Talks

The deal is not permanently dead; BP could be using the walk-away to reset price expectations after the drop in oil and gas prices. A smaller acquisition or joint venture would preserve BP's U.S. shale expansion plan without paying the original $3.5 billion to $4.5 billion valuation.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.