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BP p.l.c. Value Stock - Dividend - Research Selection

Bp plc

ISIN: GB0007980591 , WKN: 850517

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Description of the company

Who we are? We aim to create long-term value for shareholders by helping to meet growing demand for energy in a safe and responsible way. We strive to be a world-class operator, a responsible corporate citizen and agood employer.


BP is one of the world’s leading integrated oil and gas companies - based on market capitalization, proved reserves and production. Through our work we provide customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving and the petrochemicals products used to make everyday items as diverse as paints, clothes and packaging.

We believe a mix of fuels and technologies is needed to meet growing energy demand, improve efficiency and support the transition to a lower-carbon economy. These are the reasons why our portfolio includes oil, gas and renewables.

Our projects and operations help to generate employment, investment and tax revenues in countries and communities across the world. We have well-established operations in Europe, North and South America, Australasia, Asia and Africa and employ around 80,000 people.


Our future


This was also a year when we set out our strategic priorities for the longer term. They are rooted in society’s need to use more energy – bringing heat, light and mobility to millions of people – while positioning BP for a lower carbon world. These priorities will help us drive progress and respond with agility to external changes – whether in supply and demand, oil and gas prices, in environmental policy or in technology.


Competitive upstream portfolio: we will expand the gas portfolio alongside lower cost oil production, managing these cost-effectively.


Market-led Downstream: we will provide a range of fuels and lubricants that help make vehicles more efficient and grow our fuels marketing and lubricants businesses.


Low carbon and venturing: we will broaden our renewable energy and low carbon businesses through reinvestment in the current portfolio, build a dynamic venturing arm, and further our work in tackling climate change.


Modernizing the whole group: we will be deploying advanced technologies such as robotics and big data analytics to improve and simplify our processes – as well as using our trading expertise to maximize the value from our assets.


I am extremely proud of the global BP team. Without the women and men of BP, we would not have been able to preserve and transform the business over the past six years. I am grateful to our partners, host governments, and other stakeholders who have stood by us as we have stabilized BP and built up our resilience. And I say thank you, to you, our shareholders who have afforded us the time and support to take the actions needed to restore BP to a position of strength from which we can grow and prosper in the years ahead.


Since 2010, BP’s story has been one of recovery, rebuilding and resilience. Now we are increasingly looking ahead with a spirit of purpose and invention. From 2017, you can expect a story of growth.

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