Company

BP plc

Headquarters: London, United Kingdom

Founded: 14 April 1909 as the Anglo-Persian Oil Company

Employees: 60,000

Market Cap

£73.39 Billion

GBP as of April 1, 2022

US$96.24 Billion

history Market Cap History

Company Description

BP PLC, formerly The British Petroleum Company and BP Amoco, is a multinational oil and gas company. Founded in 1909, BP operates in oil and gas through exploration and production, refining, distribution and marketing, petrochemicals, power generation, and trading, and also has interests in renewable energy with biofuels and wind power.

BP plc market capitalization over time

Evolution of BP plc market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of BP plc

Detailed Description

BP PLC engages in the energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, and field development and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power, and natural gas liquids (NGLs). This segment also engages in the ownership and management of crude oil and natural gas pipelines; processing facilities and export terminals; and LNG processing facilities and transportation, as well as NGLs processing business. The Downstream segment refines, manufactures, markets, transports, supplies, and trades in crude oil, petroleum, and petrochemical products and related services to wholesale and retail customers. It offers gasoline, diesel, and aviation fuels; lubricants, and related products and services to the automotive, industrial, marine, and energy markets under the Castrol, BP, and Aral brands; and petrochemical products, such as purified terephthalic acid, paraxylene, acetic acid, olefins and derivatives, and specialty petrochemical products. The Rosneft segment engages in the exploration and production of hydrocarbons, as well as jet fuel, bunkering, bitumen, and lubricants activities. This segment also owns and operates 13 refineries in Russia; and approximately 3,000 retail service stations in Russia and internationally. The company also produces ethanol, bio-isobutanol, bio-power, and solar energy; transports hydrocarbon products through time-chartered and spot-chartered vessels; and holds interests in wind sites. BP PLC was founded in 1889 and is headquartered in London, the United Kingdom.

Wikipedia Introduction

BP plc (official styling BP p.l.c., formerly The British Petroleum Company plc and BP Amoco plc) is a British oil and gas company headquartered in London, England. It is one of the world's seven oil and gas "supermajors". It is a vertically integrated company operating in all areas of the oil and gas industry, including exploration and extraction, refining, distribution and marketing, power generation, and trading. As of 31 December 2018, BP had operations in nearly 80 countries worldwide, produced around 3.7 million barrels per day (590,000 m3/d) of oil equivalent, and had total proven reserves of 19.945 billion barrels (3.1710×109 m3) of oil equivalent. The company has around 18,700 service stations worldwide. Its largest division is BP America in the United States. In Russia, BP owns a 19.75% stake in Rosneft, the world's largest publicly traded oil and gas company by hydrocarbon reserves and production. By one estimate, BP is the 357th-largest public company in the world. BP's origins date back to the founding of the Anglo-Persian Oil Company in 1908, established as a subsidiary of Burmah Oil Company to exploit oil discoveries in Iran. In 1935, it became the Anglo-Iranian Oil Company and in 1954, adopted the name British Petroleum. In 1959, the company expanded beyond the Middle East to Alaska. British Petroleum acquired majority control of Standard Oil of Ohio in 1978. Formerly majority state-owned, the British government privatised the company in stages between 1979 and 1987. British Petroleum merged with Amoco in 1998, becoming BP Amoco plc, and acquired ARCO and Burmah Castrol in 2000, becoming BP plc in 2001. From 2003 to 2013, BP was a partner in the TNK-BP joint venture in Russia. From 1988 to 2015, BP was responsible for 1.53% of global industrial greenhouse gas emissions. BP has been directly involved in several major environmental and safety incidents. Among them were the 2005 Texas City Refinery explosion, which caused the death of 15 workers and which resulted in a record-setting OSHA fine; Britain's largest oil spill, the wreck of Torrey Canyon in 1967; and the 2006 Prudhoe Bay oil spill, the largest oil spill on Alaska's North Slope, which resulted in a US$25 million civil penalty, the largest per-barrel penalty at that time for an oil spill. The 2010 Deepwater Horizon oil spill, the largest accidental release of oil into marine waters in history, leaked about 4.9 million barrels (210 million US gal; 780,000 m3) of oil, causing severe en…

Source: Wikipedia, retrieved on March 31, 2022, 8:43 p.m.

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Product & Services

PetroleumNatural gasMotor fuelsAviation fuels, Service stations

Key People

Founder(s): William Knox D' Arcy Charles Greenway

Helge Lund (chairman) Bernard Looney (chief executive)

Financials

Revenue: US$164.19 billion (2021)

Operating income: US$18.08 billion (2021)

Net income: US$8.49 billion (2021)


Total assets: US$287.27 billion (2021)

Total equity: US$90.44 billion (2021)

Stocks & Indices

BP plc has the following listings and related stock indices.


Stock: LSE: BP.

Stock: LSE: BP.A

Stock: LSE: BP.B

Stock: FSX: BSU

Stock: NYSE: BP

Stock: BCBA: BP

Stock: BMV: BPN

Stock: Bovespa: B1PP34

Details

Headquarters:

1 St James's Square

London, SW1Y 4PD

United Kingdom

Phone: 44 20 7496 4000

Fax: 44 20 7496 4630