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Investors

bp is pursuing its strategy to become an integrated energy company delivering solutions to customers

4Q 2022 results

During 2022 bp delivered four quarters of robust underlying financial performance and strategic progress - strengthening the balance sheet, investing with discipline, and growing distributions to shareholders

Throughout 2022, bp continued to focus on delivery of our Integrated Energy Company strategy. We are helping provide the energy the world needs today and – at the same time - investing with discipline into our transition and the energy transition – as demonstrated by the Archaea Energy acquisition. We are strengthening bp, with our strongest upstream plant reliability on record and our lowest production costs in 16 years, helping to generate strong returns and reducing debt for the 11th quarter in a row. Importantly, we are delivering for our shareholders – with buybacks and a growing dividend. This is exactly what we said we would do and will continue to do – performing while transforming."Bernard Looney,chief executive officer
An image of TravelCenters of America

bp TravelCenters of America investor announcement

bp's chief executive officer, Bernard Looney; chief financial officer, Murray Auchincloss; and EVP customers & products, Emma Delaney hosted a webcast on Thursday 16 February to discuss bp's agreement to purchase leading travel center operator, TravelCenters of America

Why invest in bp

A montage of images showing bp's varying types of business
We believe bp has a compelling investor proposition – one that will drive growing long-term shareholder value – and to do this we are focused on transforming from an International Oil Company (IOC) to an Integrated Energy Company (IEC) while remaining committed to performing as we transform. And we believe we can generate attractive returns in doing so.