Rank: 4 (Previous rank: 4)
CEO: Anthony B. Hayward
Employees: 92,000
Address: 1 St. James Sq.
London, SW1Y 4PD
Country: Britain
Website: www.bp.com
After a stellar start to last year -- profits for BP's first and second quarters combined for an impressive $17 billion -- the London-based oil company was hit hard, like others in the industry, by tumbling oil prices, causing a fourth quarter loss of $3.3 billion. But BP forged ahead, unveiling a new platform called Thunder Horse in the Gulf of Mexico that cranked out 200,000 barrels of oil equivalent per day, helping the company earn the title of largest producer in the Gulf. As CEO Tony Hayward declared in the annual report, "BP is back." |
| |
$ millions |
% change from 2007 |
| Revenues |
367,053.0 |
25.9 |
| Profits |
21,157.0 |
1.5 |
| Assets |
228,238.0 |
— |
| Stockholders' equity |
91,303.0 |
— |
| Profits as % of |
|
| Revenues |
5.8 |
| Assets |
9.3 |
| 4 | Chevron | 5 | 263,159.0 | | 5 | Total | 6 | 234,674.1 | | 6 | ConocoPhillips | 7 | 230,764.0 | | 7 | Sinopec | 9 | 207,814.5 | | 8 | China National Petroleum | 13 | 181,122.6 | | 9 | ENI | 17 | 159,348.5 | | 10 | PDVSA | 27 | 126,364.0 | | 11 | Valero Energy | 33 | 118,298.0 | | 12 | Petrobras | 34 | 118,257.0 | | 13 | Statoil Hydro | 36 | 116,210.9 | | 14 | Lukoil | 65 | 86,340.0 | | 15 | SK Holdings | 72 | 80,810.4 | | 16 | Repsol YPF | 76 | 79,176.6 | | 17 | Petronas | 80 | 76,965.4 | | 18 | Marathon Oil | 86 | 73,504.0 | | 19 | Nippon Oil | 101 | 64,197.5 | | 20 | Indian Oil | 105 | 62,993.2 | | 21 | PTT | 118 | 59,984.6 | | 22 | Sunoco | 141 | 51,652.0 | | 23 | Rosneft Oil | 158 | 46,985.0 | | 24 | Hess | 184 | 41,094.0 | | 25 | Nippon Mining Holdings | 203 | 37,532.6 | | 26 | OMV Group | 206 | 37,386.3 | | 27 | GS Holdings | 213 | 36,502.8 | | 28 | TNK-BP Holding | 234 | 34,668.0 | | 29 | Idemitsu Kosan | 244 | 33,521.5 | | 30 | Cepsa | 246 | 33,417.4 | | 31 | PKN Orlen Group | 249 | 33,043.0 | | 32 | Reliance Industries | 264 | 31,792.3 | | 33 | Showa Shell Sekiyu | 266 | 31,664.0 | | 34 | Bharat Petroleum | 289 | 29,989.0 | | 35 | Cosmo Oil | 293 | 29,710.3 | | 36 | CPC | 306 | 28,451.9 | | 37 | Hindustan Petroleum | 311 | 28,247.3 | | 38 | Petroplus Holdings | 316 | 28,047.6 | | 39 | Tesoro | 317 | 28,031.0 | | 40 | Formosa Petrochemical | 323 | 27,769.3 | | 41 | Suncor Energy | 325 | 27,680.5 | | 42 | Murphy Oil | 326 | 27,512.5 | | 43 | Petro-Canada | 340 | 26,054.5 | | 44 | Galp Energia | 414 | 22,230.4 | | 45 | S-Oil | 441 | 21,019.9 | | 46 | Mol Hungarian Oil & Gas | 449 | 20,644.3 | | 47 | Israel Corp. | 466 | 19,802.0 | | 48 | Caltex Australia | 467 | 19,769.7 | | 49 | Neste Oil | 481 | 19,298.7 |
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From the July 20, 2009 issue
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