Overview
Description
BP p.l.c. Sponsored ADR represents the American Depositary Receipts of BP p.l.c., a global company engaged in the exploration, production, refining, and distribution of oil and natural gas. The ADR format allows U.S. investors to invest in BP through standard exchange trading. As one of the world's major oil companies, BP has a significant impact on the energy sector, providing oil and gas products alongside renewable energy initiatives. BP is actively involved in upstream operations, including discovering and extracting oil and gas resources, as well as downstream activities, such as refining, marketing, and distributing energy products. Additionally, BP has made strides in renewable energy, investing in wind, solar, and biofuels as part of its broader sustainability strategy. This dual focus on traditional energy and renewable sources positions BP as a key player in the global energy transition, addressing demands for both conventional hydrocarbons and sustainable energy solutions. The sponsored ADRs allow U.S. investors convenient access to BP's international business operations, providing exposure to global energy markets through a U.S. traded asset.
About
CEO
Mr. Murray Auchincloss
Employees
100500
Address
1 St James's Square
London, SW1Y 4PD
London, SW1Y 4PD
Phone
44 20 7496 4000
Website
Instrument type
Depositary receipt
Sector
Energy
Industry
Oil & Gas Integrated
Country
United States
MIC code
XNYS