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Why invest in bp

This strategy will see bp grow its upstream oil and gas business, focus its downstream business, and invest with increasing discipline into the transition. It builds on bp’s distinct strengths and competitive advantages as an integrated energy company – with a world-class portfolio with top tier oil and gas businesses in attractive basins and leading integrated positions and brands across value chains, all underpinned by trading, technology and partnerships. 

Growing shareholder value

Growing shareholder value table
(1) Group adjusted free cash flow CAGR from 2024 to 2027
(2) For price assumptions, see appendix
(3) Includes offsetting any dilution from employee share schemes over time, and subject to maintaining strong investment grade credit rating
(4) Potential proceeds from any transactions related to Castrol strategic review and announcement to bring a strategic partner into LSbp will be allocated to reduce net debt
(5) vs 2019