BP’s Quarterly Results.

The oil major BP had some interesting results in the Q2 figures.

www.bp.com

A huge oil and gas company that is transitioning into Green energy.

https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/investors/bp-second-quarter-2020-results.pdf

Its balance sheet on page 17 has some very interesting figures:

Cash position £34.217 Billion.

It has a pension surplus, in its Defined benefit pension plan of £6.346 Billion

Page 27 has some interesting Deb figures:

Finance debt £76.003 Billion

Gearing of 33.1%.

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