Financial Comparison - Oil Companies
Financial Analysis Project
BA430
Company Profile
British Petroleum (BP), formerly BP Amoco, is the world's #2 integrated oil company, behind Exxon Mobil. The company, which was formed in 1998 from the merger of British Petroleum and Amoco, has grown further by buying Atlantic Richfield Company (ARCO). The company is based in London and operates in more than 100 countries in Europe, the United States, Canada, Russia, South America, Australia, Asia, and Africa. 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......
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Approximate Pages: 3 (250 words per double-spaced page)
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