REAL-TIME GLOBAL RESEARCH
bp (BP.L): From Electrons Back to Molecules, but Will Need Some Re-Shaping
Research evidence excerpt
bp (BP.L): From Electrons Back to Molecules, but Will Need Some Re-Shaping
bp (BP.L)
15 July 2026 Citi Research
Citigroup Global Markets Inc. or its affiliates received compensation for products and services other than investment banking
services from bp in the past 12 months.
Citigroup Global Markets Inc. or its affiliates currently has, or had within the past 12 months, the following as investment
banking client(s): bp.
Citigroup Global Markets Inc. or its affiliates currently has, or had within the past 12 months, the following as clients, and the
services provided were non-investment-banking, securities-related: bp.
services provided were non-investment-banking, non-securities-related: bp.
Citigroup Global Markets Inc. and/or its affiliates has a significant financial interest in relation to bp. (For an explanation of the
determination of significant financial interest, please refer to the policy for managing conflicts of interest which can be found
at www.citiVelocity.com.)
Analysts’ compensation is determined by Citi Research management and Citigroup’s senior management and is based upon
activities and services intended to benefit the investor clients of Citigroup Global Markets Inc. and its affiliates (the “Firm”).
Compensation is not linked to specific transactions or recommendations. Like all Firm employees, analysts receive
compensation that is impacted by overall Firm profitability which includes investment banking, sales and trading, and
principal trading revenues. One factor in equity research analyst compensation is arranging corporate access events between
institutional clients and the management teams of covered companies. Typically, company management is more likely to
participate when the analyst has a positive view of the company.
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