US Stock on Focus

Friday, October 14, 2005

Zacks: British Petroleum (BP) #1 [9]

BP p.l.c. is an oil company with four main businesses:
Exploration and Production, Gas, Power and Renewables, Refining
and Marketing, and Petrochemicals. Exploration and Production
includes oil and natural gas exploration and field development
and production, together with pipeline transportation and
natural gas processing. Since 1997, BP has increased its
reserve base from 8.6 billion barrels of oil equivalent to 18.3
billion.

The company is also the largest oil company involved with
alternative sources of energy. BP is advertising itself as
Beyond Petroleum. The company is pursuing opportunities in the
growing Liquefied Natural Gas (LNG) market, and we find this
diversified strategy attractive in this environment. Read More...

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