BP plc · LSE:BP.

BP — Investor Presentation (February 2001)

9 slides from BP's investor presentation, February 2001

  1. Slide 1: Downstream – Industry Leading Returns

    Downstream – Industry Leading Returns ROFA (%) 2 0 1 8 1 6 1 4 1 2 BP 1 0 8 6 4 Competitor Range 2 0 '96 '97 '98 '99 '00 1 Source: BP Data based on Annual Reports and 10Ks

  2. Slide 2: Downstream Repositioning

    Downstream Repositioning Refining – Top quartile performance Retail – Focused market share in high growth areas Lubes – Brands driving market share growth Commercial – Focusing the offer to capture growth and margin 2

  3. Slide 3: Downstream Sources of RCOP

    Downstream Sources of RCOP 2000 RCOP Middle of Cycle Adjusted Commercial 8 Balanced portfolio Lubricants % 11 Refining – quality % execution Lubricants – material and growing 30 Retail – convenience Retail % driven growth 51 Refining % 3 Source: BP Data

  4. Slide 4: Refining Productivity

    Refining Productivity Incremental Commercial Performance (cents/EDC) Unit Costs Availability (¢/bbl) (Basis: 1998=100) (%) 3 Onstream Availability 5 100 Costs 3 90 0 2 80 100 5 70 2 96 0 1 92 5 1 0 '9 '9 '0 '0 ‘9 ‘9 ‘0 ‘0 8 9 0 1 8 9 0 1 Strong commercial performance Top quartile cost performance Re

  5. Slide 5: Slide 5

  6. Slide 6: Retail Strategy Implementation

    Retail Strategy Implementation Stores sales growth (Basis: 1998=100) 150 BP total convenience US convenience market 140 130 120 110 100 9 0 '9 '9 '0 '0 Source: NACS, BP Data 8 9 0 1 Leverage advantaged real estate Grow convenience offer Re-imaging self funded 6

  7. Slide 7: Retail Site Productivity

    Retail Site Productivity Avg Store Sales Avg Fuel Volume (Company Stores, $k pa per store) (All Retail sites, mlpa) 750 5.0 Avg Store Sales 4.8 700 Avg Fuel Volume 4.6 650 4.4 600 4.2 550 4.0 3.8 500 3.6 ~ ~ '9 '9 '0 '0 8 9 0 1 7 Source: BP Data

  8. Slide 8: Lubricants – a World Class Business

    Lubricants – a World Class Business Volume Growth (%) Volume Growth (basis: 1997=100%) (Basis: 1997=100) 11 6 Castrol Consumer sector 11 4 BP-Castrol– total lubricants 11 2 Total market 11 0 10 8 10 6 10 4 10 2 10 0 '9 '9 '0 '0 8 9 0 1 Continued growth ahead of the market Focused on high growth, hig

  9. Slide 9: Aviation – a Growing Global Business

    Aviation – a Growing Global Business Volume Growth (Basis: 1996 = 100) 15 0 Air BP Volume World Jet-fuel Demand 14 0 13 0 12 0 11 0 10 0 '9 '9 '9 '9 '0 6 7 8 9 0 9 Source: BP Data

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