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  • Previous Rank8
  • Revenues ($M)$303,738.00
  • Revenue Percent Change24.2%
  • Profits ($M)$9,383.00
  • Profits Percent Change176.9%
  • Assets ($M)$282,176.00
  • Employees73,000

The U.K.-based energy major pushed one spot higher on this year’s list, as the company finally began to escape the long shadow of 2010’s Deepwater Horizon oil spill. With record utilization of both its oil and gas fields and its refining capacity, BP’s profits nearly tripled in 2018 from the previous year, even amid geopolitical worries including uncertain global economic growth and trade tensions between the U.S. and China. Like rival Shell, BP focused in 2018 on growing its stake in the booming U.S. energy market, completing a $10.5 billion deal to purchase shale assets from BHP.

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Company Information

CEO
Robert W. Dudley
Sector
Energy
Industry
Petroleum Refining
HQ Location
London
Websitehttps://www.bp.com
Years on Global 500 List25
Employees73,000
Figures prepared in accordance with International Accounting Standards. Excise taxes have been deducted.

BP Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$303,738.0024.2%
Profits ($M)$9,383.00176.9%
Assets ($M)$282,176.00-
Total Stockholder Equity ($M)$99,444.00-

Profit Ratios

Profit as % of Revenues3.1%
Profits as % of Assets3.3%
Profits as % of Stockholder Equity9.4%