Financial Comparison - Oil Companies
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Title: Financial Comparison - Oil Companies

Essay Details:

Subject: Business
Author: Linda M
Date: October 27, 2016
Level: University
Grade: B
Length: 2 / 477

Essay text:

It has exploration and production interest in 26 countries. Almost 40% of its fixed assets are located in the US. It is the largest US oil and gas producer. BP's US operations are headed by Bob Moore, President BP America. A top refiner (3.4 million barrels of oil per day capacity), petrochemicals, and specialty chemicals manufacturer, it has expanded by buying motor-oil maker Burmah Castrol. BP operates 29,000 gas stations worldwide. Summary The company overall seems to be financially healthy despite natural and man-made disasters. BP lost $2 billion post-tax because of Hurricane Katrina and an explosion at their Texas City refinery...

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