BP plc
Explore BP
Core profile pages, annual revenue records, and related research hubs for this company.
BP plc
Explore BP
Core profile pages, annual revenue records, and related research hubs for this company.
Business Model Analysis
Annual Revenue: $189.3B
BP makes money through oil and gas production, LNG and power trading, refining, retail fuels, Castrol lubricants, and selective low-carbon investments. Its model depends on disciplined capital allocation, durable customer or channel relationships, and execution inside markets where scale and trust matter.
BP is trying to simplify its portfolio, reduce net debt, sharpen upstream and trading returns, and rebuild investor confidence after several years of strategy and leadership resets.
BP is known for oil and gas production, LNG and power trading, refining, retail fuels, Castrol lubricants, and selective low-carbon investments.
BP reported $189.3B in FY2025 revenue.
Meg O'Neill is the current CEO of BP.
BP has about 87,800 employees based on the latest annual reporting context.
The central risk is that commodity-price weakness, high debt, and energy-transition pressure converge before BP can deliver enough portfolio simplification and cost reduction.