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Global 500

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The long nightmare of the Deepwater Horizon disaster is nearly over. The company signed a $20.8 billion deal in July 2015 that settled all government claims, although it will continue to field private claims for some time yet (the total cost so far is $43.8 billion). The asset sales and borrowing that it has needed to pay for Deepwater Horizon have left it strategically vulnerable: it has little balance sheet space to replace reserves through acquisitions, and crude prices aren’t high enough to warrant new drilling. It may yet have to slim down even further (or cut its dividend), as the $60 oil price it planned for in 2016-7 has yet to materialize.


Robert W. Dudley




Petroleum Refining

HQ Location

London, Britain



Years on Global 500 List


Excise taxes have been deducted.Figures prepared in accordance with International Accounting Standards.
Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$225,982-37.0%
Profits ($M)$-6,482-271.5%
Assets ($M)$261,832
Total Stockholder Equity ($M)$97,216
Profit Ratios
Profit as % of Revenues-2.9%
Profits as % of Assets-2.5%
Profits as % of Stockholder Equity-6.7%
()0.00 0.00 (0)
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  • Market Cap: NaNB
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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  • Dividend Yield: n/a

News about BP

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BP Signals the End of the Bad Times for Big Oil

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Videos about BP

BP oil spill blamed for dolphin die-off

A new study says there is a direct link between the biggest oil spill in history and mass dolphin deaths in the Gulf of Mexico.

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