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Will BP have a bigger market cap than Chevron Corp. (CVX) by the end of 2009?

Current forecast: 47% chance
Combining all predictions, the current forecast is that this is 47% likely to happen (unchanged in last 1 day)

Chevron replaces BP as third-biggest oil major

U.S. oil major Chevron Corp has replaced Britain's BP Plc as the third-largest non-government controlled oil company in the world, as problems in Russia and currency weakness have hit BP.

BP was the industry's number two until it was overtaken by Royal Dutch Shell Plc after BP's valuation was hit by the Texas City refinery explosion in 2005, which killed 15 workers, and by big project delays.

http://www.reuters.com/article/marketsNews/idUSLR38858920081027

BP plc (BP) Market Cap: $142.03B
Chevron Corp. (CVX) Market Cap: $149.13B
(Nov 19, 2008)

Will BP have a bigger market cap than Chevron Corp. (CVX) by the end of 2009?


Settlement details: As reported by a major mainstream news source.

 
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Yes
47%
No
53%
Activity: H$3,677
Question suspends in 50 weeks

Suspend date: Thu 31st Dec 5am PST (50 weeks to go)

Initial likelihoods: Yes: 45%

Action history:

Created Wed 19th Nov 2008 4:21am PST by growthy

Suspend date: Thu 31st Dec 5am PST (50 weeks to go)
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Predictions (27)

27 predictions

4 weeks ago
deathbymaumau predicted Yes (H$50 at 47%)
4 weeks ago
zarjay predicted Yes (H$20 at 45%)
5 weeks ago
linx0003 predicted Yes (H$50 at 45%)
6 weeks ago
seventhsight predicted No (H$20 at 55%)
6 weeks ago
pixelpaws predicted No (H$50 at 55%)
more

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