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8 - BP

View at a BP petrol station on March 10, 2017, in Ciudad Satelite, Mexico. - Ronaldo Schemidt—AFP/Getty Images
View at a BP petrol station on March 10, 2017, in Ciudad Satelite, Mexico. Ronaldo Schemidt—AFP/Getty Images

The UK-based energy supermajor jumped four spots—and edged ahead of rival Exxon Mobil—on this year’s list, thanks to the company’s rising production levels and the recovery in oil prices. Revenues increased 30% and profits soared from $115 million to $3.4 billion, making it a banner year for a company that, eight years later, continues to deal with the fallout from its Deepwater Horizon oil spill. The company also enjoyed its most successful year of exploration since 2004, and continues to diversify through investment in renewables.

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Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$244582
Revenue Percent Change31.1%
Profits ($M)$3,389.0
Assets ($M)$276515
Profits Percent Change2,847.0%
Employees74000
Previous Rank12

Company Facts

Employees74000
SectorEnergy
IndustryPetroleum Refining
CEORobert W. Dudley
HQ LocationLondon
Websitewww.bp.com
Years on Global 500 List24

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