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BP SWOT Analysis

Here is a detailed SWOT analysis of BP covering strengths, weaknesses, opportunities and threats.

Published by MBA Skool Team in Energy & Power category Last Updated: October 30, 2023Read time:

BP Strengths

  1. One of the biggest in the energy sector
  2. Top in market
  3. Huge geographical reach
  4. High quality operations
  5. Very Strong Brand Name

Above are the strengths in the SWOT Analysis of BP. The strengths of BP looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.

BP Weaknesses

  1. Cost of environmental hazards
  2. Decline in production
  3. Reaching Maturity

These were the weaknesses in the BP SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.

BP Opportunities

  1. Increasing fuel/oil prices
  2. Increasing natural gas market
  3. More oil well discoveries
  4. Expand export market
  5. Investment in alternate business

Above we covered the opportunities in BP SWOT Analysis. The opportunities for any brand can include prospects of future growth.

BP Threats

  1. Government regulations
  2. High Competition
  3. Environment Regulations
  4. Increasing Cost of Operations

The threats in the SWOT Analysis of BP are as mentioned above. The threats for any business can be external factors which can negatively impact its business.

Hence this concludes the BP SWOT analysis.

About BP

The table below gives the brand overview along with its target market, segmentation, positioning & USP

BP (merger of British Petroleum & Amoco)

Parent CompanyBP
Category

Oil & Gas

Sector

Energy & Power

Tagline/ Slogan

Beyond petroleum

USP

3rd largest energy company, 4th largest company in the world by revenues and one of the six oil and gas "supermajors"

BP STP
Segmentation

Corporates, countries, individuals looking to fulfill energy needs

Target Market

Enterprises looking for energy for production, people for petrol diesel for vehicles and domestic uses

Positioning

BP's focus on meeting the growing demand for fossil fuels, manufacturing and delivering more advanced products, and enabling the material transition to a lower carbon future


This article has been researched & authored by the Content & Research Team which comprises of MBA students, management professionals, and industry experts. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.

Browse marketing analysis of more brands and companies similar to BP. This section covers SWOT Analysis along with Segmentation, Target Market, Positioning & USP of more than 2000 brands from over 20 industry sectors.

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