Business mix
- The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments.
- It engages in the production of natural gas, marketing, and trading activities, as well as solar, wind, and hydrogen businesses.
- The company also offers aviation fuel products and services, such as jet fuel; aviation gasoline; UL91 aviation fuel; and sustainable aviation fuel.
- In addition, it engages in the convenience and retail fuel; EV charging; Castrol lubricants and fluids; B2B; midstream; crude oil production; refining and oil trading; and bioenergy businesses.
Current key questions
- How sensitive are revenue and cash flow to commodity prices, production volumes, and demand in oil & gas integrated?
- Can capital spending, reserves, decline rates, and operating costs support durable free cash flow?
- Do balance-sheet discipline and shareholder returns remain resilient across the energy cycle?
