4 of 500
4. BP
Financials: Latest Results
Rank: 4 (Previous rank: 4)
CEO: Robert W. Dudley
Employees: 79,700
Address: 1 St. James Sq.
London  SW1Y 4PD
Country: Britain
Website: www.bp.com

Not even the past year's massive oil spill in the Gulf of Mexico can really sink BP. BP has said it would raise $30 billion to pay for the claims following the explosion of the Deepwater Horizon rig, and the company has shucked assets throughout the year to do so.

BP's Arctic exploration deal with Russian company Rosneft was supposed to be the company's big comeback since the spill, but the deal has been blocked by one of BP's other Russian partners, TNK-BP, because of alleged competing interests.

Still, BP likely has the capacity to raise the cash it needs to meet its $30 billion goal. Looking forward, the company has oil plays in the Middle East and oil sands development in Canada in the works. BP says it plans to launch a total of 32 new projects between 2010 and 2016. --S.D.

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  $ millions % change from 2009
Revenues 308,928.0 25.5
Profits -3,719.0 -122.4
Assets 272,262.0 --
Stockholders' equity 94,987.0 --
Profits as % of  
Revenues -1
Assets -1.4
From the July 25, 2011 issue
Figures prepared in accordance with International Accounting Standards.
Excise taxes have been deducted.
Editor's note: Chrysler Group was erroneously omitted from the Global 500 listing. With revenue of $41.9 billion, Chrysler ranks No.205 among all the companies in the world and 61st in the U.S. As a result, Bristol-Myers Squibb, which had ranked No.500, falls off the list. Updates may be found for the full list, rankings by country, and the list of arrivals. Fortune regrets the error.
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Rank # of Global 500 Companies
U.S. 133
Japan 68
China 61
Company 2010 Number of Employees
Wal-Mart Stores 2,100,000
China National Petroleum 1,674,541
State Grid 1,564,000
Company 2010 Profits
($ millions)
Nestl $32,843
Gazprom $31,895
Exxon Mobil $30,460
FAQ and methodology
All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives... More
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