BP is paying a high price for its mistakes from two years ago.
It was announced Thursday that British Petroleum settled with the U.S. government for a whopping $4.5 billion for the Gulf of Mexico oil spill in 2010.
The record-setting fine is part of a settlement that included pleading guilty to 11 felony counts for the death of its workers and for lying to Congress.
After a huge dip in early morning trading, BP’s stock seems to be recovering as details of the settlement reaches investors.
The rally stock could be a sign that investors want to put the oil spill behind them.