Environmental Disaster Cuts Into BP's Profits 1.71K Jeff Neumann 06/14/10 04:02AM Filed to: Losses Losses oil spill Bp gulf of mexico 56 days of pumping crude into the Gulf has so far cost BP $1.6 billion, and the company's share price has dropped by over a third. The firm might defer its second quarter dividend—an estimated $2.5 billion. [AP]