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BP (BUE:BP) Other Assets for Insurance Companies


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What is BP Other Assets for Insurance Companies?

Other Assets for Insurance Companies only applies to insurance companies.


BP (BUE:BP) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BP PLC (BUE:BP) » Definitions » Other Assets for Insurance Companies
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BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.1 million barrels of liquids and 6.9 billion cubic feet of natural gas per day. At the end of 2022, reserves stood at 7.2 billion barrels of oil equivalent, 56% of which are liquids. The company operates refineries with a capacity of 1.6 million barrels of oil per day. BP also holds a 20% ownership interest in Rosneft, which it plans to exit.