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.
| Type | Public | |
| Founded | 1909 | |
| HQ | London, GB | Map |
| Website | bp.com | |
| Employee Ratings | More | |
| Overall Culture | C+ | More |
Key People/Management at BP
Bernard Looney
Chief Executive Officer
Murray Auchincloss
Chief Financial Officer
Craig Marshall
Senior Vice President and Head of Investor Relations
Tufan Erginbilgic
Chief Executive, Downstream
Gordon Birrell
EVP, Production & Operations
Giulia Chierchia
EVP, Strategy & Sustainability
BP Office Locations
BP has offices in London, Dyce, Hull, Milton Keynes and in 58 other locations
London, GB (HQ)
1 St James's Square
Dyce, GB
1-4 Wellheads Ave
Hull, GB
Saltend Lane
London, GB
20 Canada Square, 20 Canada Square, Canary Wharf
Milton Keynes, GB
Witan Gate House, 500-600 Witan Gate
Luanda, AO
Torres Atlântico, Av. 4 de Fevereiro n.º 197
BP Financials and Metrics
BP Revenue
BP's revenue was reported to be $183.5 b in FY, 2020 which is a 35.1% decrease from the previous period.
| USD | |
|---|---|
Revenue (FY, 2020) | 183.5b |
Revenue growth (FY, 2019 - FY, 2020), % | (35.1%) |
Gross profit (FY, 2020) | 28.2b |
Gross profit margin (FY, 2020), % | 15.4% |
Net income (FY, 2020) | (20.7b) |
EBIT (FY, 2020) | (21.7b) |
Market capitalization (11-Jun-2021) | 93.1b |
Closing stock price (11-Jun-2021) | 27.5 |
Cash (31-Dec-2020) | 31.1b |
EV | 143.9b |
BP's current market capitalization is $93.1 b.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 56.4b | 57.4b | 60.8b | 69.1b | 76.9b | 80.8b | 67.4b | 73.7b | 69.3b | 59.5b | 31.2b | 44.2b |
Cost of goods sold | 46.7b | 48.7b | 50.3b | 57.3b | 64.5b | 67.3b | 54.1b | 61.4b | 57.9b | 55.2b | 24.1b | 36.9b |
Gross profit | 9.7b | 8.7b | 10.5b | 11.8b | 12.4b | 13.6b | 13.4b | 12.3b | 11.4b | 4.4b | 7.1b | 7.3b |
Gross profit Margin, % | 17% | 15% | 17% | 17% | 16% | 17% | 20% | 17% | 16% | 7% | 23% | 17% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 23.8b | 23.3b | 25.8b | 22.2b | 22.2b | 26.2b | 21.3b | 20.7b | 19.7b | 18.1b | 34.2b | 30.7b |
Accounts Receivable | 16.5b | |||||||||||
Prepaid Expenses | 1.1b | 1.2b | 1.4b | 1.2b | 1.3b | 1.8b | 1.1b | 1.0b | 1.1b | 834.0m | 645.0m | |
Inventories | 17.2b | 16.4b | 18.1b | 20.8b | 21.0b | 21.9b | 21.4b | 20.0b | 19.2b | 11.6b | 12.5b | 13.8b |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Depreciation and Amortization | 4.1b | 8.6b | 12.8b | 4.4b | 8.2b | 12.2b | 4.7b | 9.4b | 7.9b | 4.2b | 17.7b | 21.2b |
Inventories | (3.6b) | (3.6b) | (3.3b) | (3.4b) | (4.0b) | (5.5b) | (2.7b) | (2.8b) | (2.6b) | 683.0m | 74.0m | 630.0m |
Cash From Operating Activities | 2.1b | 7.0b | 13.0b | 3.6b | 10.0b | 16.0b | 5.3b | 12.1b | 18.2b | 952.0m | 4.7b | 9.9b |
Capital Expenditures | (4.1b) | (8.6b) | (13.0b) | (4.0b) | (7.8b) | (12.2b) | (5.6b) | (11.3b) | (15.3b) | (3.9b) | (6.9b) | (10.6b) |
BP Operating Metrics
BP's Gas Reserves, Tcf was reported to be 45.6 in FY, 2019.
BP Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Finite Carbon | December 16, 2020 | |
| Chargemaster | June 28, 2018 | $170 m |
| Fotech Solutions Ltd | September 07, 2017 | |
| CNAA | March 11, 2011 | $680 m |
| Verenium | July 16, 2010 | $98.3 m |
| Butamax Advanced Biofuels | January 01, 2009 | |
| Veba Oel AG Veba Oel | July 15, 2001 | $5.6 b |
| ARCO | April 14, 2000 | |
| Standard Oil of Ohio | January 01, 1978 | |
| 200 PS Overseas Holdings Inc. |
BP Revenue Breakdown
BP revenue breakdown by business segment: 90.3% from Downstream, 9.5% from Upstream and 0.3% from Other
BP revenue breakdown by geographic segment: 67.9% from Non-US and 32.1% from US
BP Cybersecurity Score
BP Environment, Social & Governance (ESG) Ratings
BP Online and Social Media Presence
104.42k Twitter followers
BP has 104.42k Twitter Followers. The number of followers has increased 1% quarter over quarter
BP's Trends
Twitter Engagement Stats for @BP_plc
15.4k
Tweets
303
Following
104.4k
Followers
35
Tweets last 30 days
5.9
Avg. likes per Tweet
60%
Tweets with engagement
BP Company Culture
Overall Culture
C+
76/100
CEO Rating
B+
79/100
Compensation
C+
74/100
BP News and Updates
March 12, 2021
BP bets on energy trading to fund strategy shift after bumper year
BP’s trading arm made nearly US$4bil (RM16.44bil) in 2020, according to a copy of an internal BP presentation seen by Reuters, almost equalling the record trading profit in 2019 despite the collapse in oil demand caused by the pandemic.
Trading revenue for majors such as BP and rival Royal Dutch/…
March 11, 2021
BP Pulse sets aside £2 million to improve UK’s legacy charging infrastructure
BP Pulse is making £2 million available to deliver what it has described as “radical improvement” in the reliability of older UK electric vehicle (EV) charging infrastructure.
The EV charging firm has agreed £400,000 in infrastructure investment to replace more than 50 legacy chargepoints, which …
March 11, 2021
BP walks on three new Kazakhstan projects to focus on renewables
BP Plc abandoned three oil projects in Kazakhstan after it changed strategy to concentrate on renewable energy and its existing ventures.
March 10, 2021
BP to close Australia Kwinana refinery in March: Update
BP said it is on track to decommission the 146,000 b/d Kwinana refinery in Western Australia (WA) by the end of this month, with it having halted crude imports for its only refinery in the country. BP announced in October last year Kwinana would cease refining within six months.
March 09, 2021
Lightsource bp solar farm powers bp service stations with 100% renewable energy in Australia
Lightsource bp today announced that through a PPA with Snowy Hydro, its West Wyalong solar farm will supply renewable energy to 88 of bp’s service stations across New South Wales, Australia.
March 08, 2021
BP to tell 25,000 office staff to work from home two days a week
BP has told 25,000 office-based staff that they will be expected to work from home for two days a week as part of a post-pandemic shift to flexible working patterns.
The global oil company introduced the new hybrid model of working to staff last month, and expects the 60-40 split between office a…
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 70,100 employees.
What is BP revenue?
Latest BP annual revenue is $183.5 b.
What is BP revenue per employee?
Latest BP revenue per employee is $2.6 m.
Who are BP competitors?
Competitors of BP include Eni, OMV Group 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 58 other locations.
How many offices does BP have?
BP has 65 offices.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies