BP Net Worth is$147.4 B
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Type: Public limited company
Traded As: BP, BP
Company Slogan: Beyond petroleum
Foundation: 1909 (as Anglo-Persian Oil Company),
Location: London, United Kingdom
Area Served: Worldwide
Key People: Carl-Henric Svanberg (Chairman), url
Industry: Petroleum industry
Products: Petroleum, Aviation fuels
Services: Service stations
Revenue: {{gain United States dollar 386.46 billion (2011) Operating Income: net income
Assets: equity
Num Employees: 79,700 (2011) Homepage: www.bp.com
BP plc (LSE: BP, NYSE: BP) is a British multinational oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by 2011 revenues and is one of the six oil and gas "supermajors". It is vertically integrated and operates in all areas of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading. It also has renewable energy activities in biofuels and wind power.
BP has operations in over 80 countries, produces around 3.4 million barrels of oil equivalent per day and has around 21,800 service stations worldwide. Its largest division is BP America, which is the second-largest producer of oil and gas in the United States. As of December 2011[update], BP had total proven commercial reserves of 17.75 billion barrels of oil equivalent. BP has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It had a market capitalisation of A?81.4 billion as of 6 July 2012, the fourth-largest of any company listed on the London Stock Exchange. It has a secondary listing on the New York Stock Exchange.
BP's origins date back to the founding of the Anglo-Persian Oil Company in 1909, 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 British Petroleum. In 1959, the company expanded beyond the Middle East to Alaska and in 1965 it was the first company to strike oil in the North Sea. 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 and acquired ARCO and Burmah Castrol in 2000.
BP has been involved in several major environmental and safety incidents, including the 2010 Deepwater Horizon oil spill,

BP Net Worth, 3.0 out of 5 based on 15 ratings

BP Latest News

Attorneys in BP settlement will divide $555.2 million

NEW ORLEANS (AP) — A judge has ruled a group of attorneys will divide $555.2 million for their work on behalf of people and businesses who suffered economic damages because of BP's 2010 Gulf oil spill. Don't miss out! Sign up today for the free Work It ...
Posted: October 27, 2016, 8:09 pm

What's in the Cards for BP plc (BP) This Earnings Season?

Oil giant BP plc BP is expected to report third-quarter 2016 earnings on Nov 1, before the opening bell. In the last reported quarter, the company delivered a negative earnings surprise of 11.54%. However, over the last four quarters, the company’s ...
Posted: October 27, 2016, 8:46 am

BP, Shell Help Lift Oil-Trading Profitability to 6-Year High

The trading arms of Royal Dutch Shell Plc and BP Plc enjoyed their best year ever in 2015, helping push the combined gross margins of oil merchants to a six-year high, according to a closely watched report. Oil traders last year “stormed ahead, thanks to ...
Posted: October 26, 2016, 12:33 am
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