Top 10 European Stocks To Own For 2016: BP p.l.c.(BP)
BP p.l.c. provides fuel for transportation, energy for heat and light, retail services, and petrochemicals products. Its Exploration and Production segment engages in the oil and natural gas exploration, field development, and production; midstream transportation, and storage and processing; and marketing and trading of natural gas, including liquefied natural gas (LNG), and power and natural gas liquids (NGL). This segment has exploration and production activities in Angola, Azerbaijan, Canada, Egypt, Norway, Russia, Trinidad and Tobago, the United Kingdom, and the United States, as well as in Asia, Australasia, South America, North Africa, and the Middle East. This segment also owns and manages crude oil and natural gas pipelines; processing facilities and export terminals; and LNG processing and transportation, as well as NGL extraction facilities. BP p.l.c. has interests in the Trans-Alaska pipeline system, the Forties pipeline system, the Central Area transmission sys tem pipeline, the South Caucasus Pipeline, and Baku-Tbilisi-Ceyhan pipeline, as well as in LNG plants located in Trinidad, Indonesia, and Australia. The company?s Refining and Marketing segment involves in the supply and trading, refining, manufacturing, marketing, and transportation of crude oil, petroleum, and petrochemicals products and related services to wholesale and retail customers primarily under the BP, Castrol, ARCO, and Aral brands. Its Other Businesses and Corporate segment produces and markets rolled aluminum products, as well as generates energy through wind, solar, biofuels, hydrogen, and carbon capture and storage sources; and engages in shipping activities. The company was founded in 1889 and is headquartered in London, the United Kingdom.
Advisors' Opinion:- [By David Smith]
The 9,000-pound aquatic robots are the key part of 150,000-pound units that can operate effectively in 10,000 feet of water. They're guided b! y three-person crews in 20-foot computerized control rooms that sit atop a rig's floor. Oceaneering's ROVs played a key role in ultimately stanching the flow of the approximately 5 million barrels of oil that gushed into the Gulf of Mexico from BP's (NYSE: BP ) blown-out Macondo well in 2010.
- [By Tony Reading]
In this series I'm subjecting companies to scrutiny under five headings: prospects, performance, management, safety and valuation. How doesBP (LSE: BP ) (NYSE: BP ) measure up?
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-10-european-stocks-to-own-for-2016.html
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