{"id":292,"date":"2013-09-23T07:20:07","date_gmt":"2013-09-23T07:20:07","guid":{"rendered":"http:\/\/www.asadkarim.co.uk\/?p=292"},"modified":"2013-09-23T07:20:07","modified_gmt":"2013-09-23T07:20:07","slug":"bp-the-oil-major","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=292","title":{"rendered":"BP: The Oil Major"},"content":{"rendered":"

BP<\/strong> (Formerly known as British Petroleum) is a giant. It started life as The Anglo Persian Oil Company, then via huge expansion globally, and acquiring companies in the US such as Atlantic Richfield (Arco<\/strong><\/em>), Amoco<\/strong><\/em> and in the UK, Burmah Castrol<\/strong> <\/em>is an energy giant, but also a financial giant<\/strong><\/em>, with massive treasury operations<\/strong><\/em>, and huge financial trading operations<\/strong><\/em>.<\/p>\n

A member of the FTSE-100, accounts for nearly 5%<\/strong> of the FTSE-100 Index<\/strong>.<\/p>\n

With a Market capitalisation of about \u00a383,000,000,000<\/strong> = \u00a383 Billon<\/strong>, the dividend yield is 4.8%<\/strong>.<\/p>\n

[http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?username=&ac=&csi=10022&record_search=1&search_phrase=BP<\/a>]<\/p>\n

Reading the annual report can get a grasp of the financial position, and despite the 2010 tragic Deepwater Horizon accident, the company is still vast.<\/p>\n

[http:\/\/www.bp.com\/en\/global\/corporate\/investors\/annual-reporting.html<\/a>]<\/p>\n

BP employ nearly 86,000 people<\/strong><\/em>.
\nCapital expenditure to be in the range of $24-27 billion per year<\/strong><\/em>
\n2012 Profit was US$ 11,582 Billion = \u00a37,234 Billion<\/strong>
\nBalance Sheet cash and cash equivalents<\/strong> at the end of 2012 totalled $19.5 billion<\/strong>.
\nDividends to shareholders of $5.3 billion = \u00a33.31 billion<\/strong> during the year.
\nBP<\/strong> owns 19.75%<\/strong> of Rosneft<\/strong>, the Russian energy giant.
\nTotal revenues<\/strong> and other income in 2012 = $388,285 million = $388 billion<\/strong> = \u00a3242,536million = \u00a3242 billion<\/strong>
\n[UK 2012 GDP<\/strong> = \u00a31, 483 Billion<\/strong>, BP revenues = \u00a3242 billion.]
\nBP revenue = 16% of UK GDP !!<\/strong>
\nBalance sheet assets\u00a0<\/strong> of \u00a3187,510 million = \u00a3187 Billion<\/strong><\/p>\n

Major Shareholders:<\/strong><\/p>\n

Guaranty Nominees<\/strong><\/em> Limited 27.05 %<\/strong>
\nBlackRock<\/strong><\/em>, Inc. 5.39%<\/strong>
\nThe Capital Group Companies<\/strong><\/em>, Inc. 3.88%<\/strong>
\nLegal & General Group<\/strong><\/em> Plc 3.82%<\/strong><\/p>\n

A World Class Energy Giant.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

BP (Formerly known as British Petroleum) is a giant. It started life as The Anglo Persian Oil Company, then via huge expansion globally, and acquiring companies in the US such as Atlantic Richfield (Arco), Amoco and in the UK, Burmah Castrol is an energy giant, but also a financial giant, with massive treasury operations, and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-292","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=292"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/292\/revisions"}],"predecessor-version":[{"id":293,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/292\/revisions\/293"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}