BP

The British energy giant fell one spot on this year’s list, as revenue dropped 7% to $283 billion, and profits dropped 57% to $4 billion, thanks to weak oil prices. So far 2020 has been marked by hits and misses. In February, BP’s new CEO, Bernard Looney, said it would become one of the first major oil and gas companies to target net-zero emissions by 2050, and that the company has since begun to lay out its plan to reduce emissions. It's still struggling with the COVID hit to energy demand, however. In June the company announced plans to lay off 10,000 employees and write off $17.5 billion in assets.
G500-2020-008-BP
Lauren Justice—Bloomberg/Getty Images

Company Information

As of 8/3/2022
Country
Britain
Headquarters
London
Industry
Petroleum Refining
CEO
Bernard Looney
Website
Company Type
Public
Ticker
BP
Revenues ($M)
$164,195
Profits ($M)
$7,565
Market Value ($M)
$88,296
Employees
65,900
Figures prepared in accordance with International Accounting Standards. Excise taxes have been deducted.Market value as of July 19, 2022.

Key Financials (Last Fiscal Year)

($ Millions)
% change
Revenues ($M)
$164,195
-10.5%
Profits ($M)
$7,565
-
Assets ($M)
$287,272
-
Total Stockholder Equity ($M)
$75,463
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Profit Ratios

Profit as % of Revenues
4.6%
Profits as % of Assets
2.6%
Profits as % of Stockholder Equity
10%

Company Info

Industry
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Industry Rank
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Previous Industry Rank
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Overall Score
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Location
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Website
<a href="http://"></a>
Fortune 500 Rank
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Fortune 500 Profile
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Global 500 Rank
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Global 500 Profile
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Key Attributes of Reputation

Innovation
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People Management
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Use of Corporate Assets
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Social Responsibility
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Quality of Management
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Financial Soundness
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Long-Term Investment Value
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Quality of Products/Services
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Global Competitiveness
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Lists ranking BP
RANK35
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