BP p.l.c. has been given a "Buy" rating by UBS due to its strong position as a leading oil group.
Refining and distribution make up the majority of BP's sales, accounting for 76.1% of total sales. BP operates seven refineries globally, including three in the United States, and has a network of nearly 21,100 service stations, with 8,200 located in the U.S.
In terms of hydrocarbon exploration and production, BP reports a significant output of 1,115,000 barrels of oil per day and 196.6 million cubic meters of natural gas per day, which together represent 23.6% of its sales.
The United States is a key market for BP, contributing 28.8% of total sales, while the remaining 71.2% comes from other international markets.