BP

OverviewSuggest Edit

British Petroleum (BP) is an oil and petrochemical company that operates upstream, downstream, and renewables businesses. It is engaged in oil and natural gas exploration, field development and production, midstream transportation, storage, and processing as well as the marketing and trading of natural gas, including liquefied natural gas (LNG). Its activities also include the refining, manufacturing, marketing, transportation, supply, and trading of crude oil, petroleum, and petrochemicals products and related services to wholesale and retail customers.
TypePublic
Founded1909
HQLondon, GB
Websitebp.com
Employee Ratings3.8
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2021)65,900(+4%)
Job Openings562
Revenue (FY, 2021)$157.7 B(-12%)
Share Price (May 2022)$30.5(+3%)
Cybersecurity ratingCMore
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Key People/Management at BP

Bernard Looney

Bernard Looney

Chief Executive Officer
Murray Auchincloss

Murray Auchincloss

Chief Financial Officer
Craig Marshall

Craig Marshall

Senior Vice President, Head of Investor Relations
Jack T. Collins

Jack T. Collins

President of bpx energy
David Hayes

David Hayes

Managing Partner, San Francisco, US Portfolio Companies: Calysta, Fulcrum, Xpansive
Bakhtiyar Aslanbayli

Bakhtiyar Aslanbayli

Vice President for the Caspian Region, Communications and Advocacy
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BP Office Locations

BP has offices in London, Dyce, Hull, Milton Keynes and in 57 other locations
London, GB (HQ)
1 St James's Square
Dyce, GB
1 Wellheads Avenue
Hull, GB
Saltend Lane
London, GB
20 Canada Square, Canary Wharf
Milton Keynes, GB
Witan Gate House, 500-600 Witan Gate
Sunbury-on-Thames, GB
Chertsey Rd., Shepperton
Show all (64)

BP Financials and Metrics

BP Revenue

BP's revenue was reported to be $157.74 b in FY, 2021
USD

Revenue (FY, 2021)

157.7b

Gross profit (FY, 2021)

64.8b

Net income (FY, 2021)

8.5b

EBITDA (FY, 2021)

29.7b

EBIT (FY, 2021)

16.0b

Market capitalization (13-May-2022)

100.2b

Closing stock price (13-May-2022)

30.5

Cash (31-Dec-2021)

30.7b

EV

139.3b
BP's current market capitalization is $100.2 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

298.8b278.4b180.4b157.7b

Cost of goods sold

(243.9b)(223.2b)(144.7b)(92.9b)

Gross profit

55.1b55.6b36.1b64.8b

R&D expense

(429.0m)(364.0m)(332.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

66.3b72.7b68.3b59.7b31.7b44.3b34.5b36.5b36.2b

Cost of goods sold

(54.1b)(61.4b)(44.0b)(55.2b)(24.1b)(15.6b)(22.8b)(28.1b)(19.3b)

Gross profit

12.4b11.1b24.2b4.5b7.5b28.6b12.9b7.3b16.9b
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

22.5b22.5b31.1b30.7b

Accounts Receivable

19.4b19.6b13.0b27.1b

Prepaid Expenses

2.8b2.8b2.5b3.0b

Inventories

18.0b21.2b16.9b23.7b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

21.3b20.7b19.7b18.1b34.2b30.7b31.7b34.3b30.7b

Accounts Receivable

24.5b24.3b22.8b17.2b16.5b16.0b20.1b23.5b25.3b

Prepaid Expenses

2.0b1.9b2.2b2.4b1.3b1.3b2.0b1.7b2.0b

Inventories

21.4b20.0b19.2b11.6b12.5b13.8b20.9b22.6b25.2b
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

16.7b8.2b(24.9b)15.2b

Depreciation and Amortization

15.5b17.8b14.9b15.0b

Inventories

672.0m(3.4b)4.0b(626.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

4.8b7.9b7.9b(4.5b)(26.1b)(26.0b)6.5b11.7b11.2b

Depreciation and Amortization

4.7b9.4b13.8b4.2b17.7b21.2b3.4b7.1b11.1b
USDFY, 2018

Revenue/Employee

4.1m
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BP Operating Metrics

Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020

Liquids Production (Upstream, US), mb/d

448418408448411424455506449505472363424

Liquids Production (Upstream, Europe), mb/d

115122123139147128159137118147166143154

Liquids Production (Upstream, Rest of World), mb/d

827812809731659663685658657655728623651

Liquids Production (Upstream), mb/d

1.39 k1.35 k1.34 k1.32 k1.22 k1.22 k1.3 k1.3 k1.22 k1.31 k1.37 k1.13 k1.23 k

BP Acquisitions / Subsidiaries

Company NameDateDeal Size
Blueprint PowerSeptember 02, 2021
Open EnergiJuly 22, 2021
ThorntonsJuly 13, 2021
Finite CarbonDecember 16, 2020
ChargemasterJune 28, 2018$170 m
Fotech Solutions LtdSeptember 07, 2017
CNAAMarch 11, 2011$680 m
VereniumJuly 16, 2010$98.3 m
Butamax Advanced BiofuelsJanuary 01, 2009
Veba Oel AG Veba OelJuly 15, 2001$5.6 b
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BP Revenue Breakdown

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BP revenue breakdown by business segment: 16.7% from GAS & LOW CARBON ENERGY, 81.7% from CUSTOMERS & PRODUCTS and 1.6% from Other

BP Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

BP Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

BP Online and Social Media Presence

Embed Graph

BP Company Culture

  • Overall Culture

    C-

    64/100

  • CEO Rating

    B-

    70/100

  • Compensation

    C+

    66/100

  • Diversity

    B

    72/100

Learn more on Comparably

BP News and Updates

BP hits back at calls for windfall tax on bumper profits

Oil giant BP has rejected calls for a windfall tax on energy companies' bumper profits, saying it would reduce investment in UK gas and renewables. BP posted a profit of $12.8bn (£9.5bn) for 2021 after oil and gas prices surged in the second half of the year.

Fourth Quarter And Full Year 2021 Results

Net debt reduced for seventh quarter in a row to $30.6bn end 2021

Bp Update On Strategic Progress

Transformation to Integrated Energy Company on track, aims to grow earnings through 2030 and accelerate net zero ambition

Bp Acquires 30% Stake In The Uk’s Largest Provider Of Low Emission Hydrogenated Vegetable Oil Fuels

Bp has acquired a 30% stake in Green Biofuels Ltd (GBF), the UK’s largest provider of hydrogenated vegetable oil (HVO). GBF’s products are made from renewable feedstocks such as vegetable oils, animal oils and fat.The product range includes HVO Gd+, a low emission advanced HVO fuel that can be used …

Latest Bp Pulse Ultra-fast Charging Hub Lands At Gatwick

Bp pulse has opened its latest new electric vehicle (EV) charging hub at Gatwick’s popular Q-Park parking facility.

Nuseed And Bp Enter Into Strategic Agreement To Accelerate Market Adoption Of Nuseed Carinata As A Sustainable Low-carbon Biofuel Feedstock

Nuseed and BP Products North America Inc., have entered into a long-term strategic offtake and market development agreement, that will see bp, or its affiliates, purchase Nuseed Carinata oil to process or sell into growing markets for the production of sustainable biofuels.
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BP Frequently Asked Questions

  • When was BP founded?

    BP was founded in 1909.

  • Who are BP key executives?

    BP's key executives are Bernard Looney, Murray Auchincloss and Craig Marshall.

  • How many employees does BP have?

    BP has 65,900 employees.

  • What is BP revenue?

    Latest BP annual revenue is $157.7 b.

  • What is BP revenue per employee?

    Latest BP revenue per employee is $2.4 m.

  • Who are BP competitors?

    Competitors of BP include TotalEnergies, Eni and MOL Group.

  • Where is BP headquarters?

    BP headquarters is located at 1 St James's Square, London.

  • Where are BP offices?

    BP has offices in London, Dyce, Hull, Milton Keynes and in 57 other locations.

  • How many offices does BP have?

    BP has 64 offices.