Global 500 rank: 4 (Previous rank: 4)
2006 Revenues (millions): $274,316
Headquarters: London
Country: Britain
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BP's oil spill in March 2006, one of the largest ever in Alaska, launched company and congressional investigations that led to the shutdown of two pipelines. The spill followed an explosion at a Texas refinery in 2005. Thanks to these slowdowns and the rising costs of repairs, BP's profits fell 1.5% last year, to $22 billion, even as high oil prices pushed revenues up 2.5%.
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4. BP
|  Old-economy outfits top Fortune's annual Global 500 list, thanks to rising oil prices and a slew of mergers that drove record profits. (more)  Exxon Mobil leads our list of top earners this year. Which other companies are among the most profitable on the planet? (more)  Which automaker lost a whopping $12.6 billion last year? And just how far into the red are stalwarts like Goodyear and Tyson Foods? (more) |
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© 2008 Cable News Network. A Time Warner Company ALL RIGHTS RESERVED.
Terms under which this service is provided to you. Privacy Policy
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* : Time reflects local markets trading time.† - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges.• Disclaimer
| Copyright © 2008 BigCharts.com Inc. All rights reserved. Please see our Terms of Use. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. All Times are ET. Intraday data provided by ComStock, an Interactive Data Company and subject to the Terms of Use. Historical, current end-of-day data, and splits data provided by FT Interactive Data. Fundamental data provided by Hemscott. SEC Filings data provided by Edgar Online Inc.. Earnings data provided by FactSet CallStreet, LLC. |