Company
BP plc
Headquarters: London, United Kingdom
Founded: 14 April 1909 as the Anglo-Persian Oil Company
Employees: 60,000
Market Cap
£81.28 Billion
GBP as of Jan. 1, 2024
US$103.48 Billion
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.
Top Competitors by Market Capitalization
Industry: Oil & Gas Integrated
| Company | Market Cap (USD) |
|---|---|
| Aramco | $2.132 T |
| ExxonMobil | $412.55 B |
| Chevron | $287.56 B |
| Shell | $213.51 B |
| PetroChina | $182.61 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Aramco | $2.132 T |
| ExxonMobil | $412.55 B |
| Chevron | $287.56 B |
| Shell | $213.51 B |
| PetroChina | $182.61 B |
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.
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Stocks & Indices
BP plc has the following listings and related stock indices.
Stock: LSE: BP.A wb_incandescent
Stock: LSE: BP.B wb_incandescent
Stock: LSE: BP. wb_incandescent
Stock: Bovespa: B1PP34 wb_incandescent
Stock: NYSE: BP wb_incandescent
Stock: FSX: BSU wb_incandescent
Stock: BCBA: BP wb_incandescent
Stock: BMV: BPN wb_incandescent
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)