BP p.l.c. (BP) Q4 2019 Earnings Call Transcript

  • Date: 04-Feb-2020
  • Source: The Motley Fool
  • Sector:Financial Markets
  • Country:UAE
  • Who else needs to know?

BP p.l.c. (BP) Q4 2019 Earnings Call Transcript

I now hand over to Craig Marshall, Head of Investor Relations.. Good morning everyone and welcome to BP's Fourth Quarter and Full Year Results Presentation for 2019.. I'm joined today by Helge Lund, Chairman; Bob Dudley, Group Chief Executive; Brian Gilvary, Chief Financial Officer; and Bernard Looney, Upstream, Chief Executive and CEO Designate.. Brian Gilvary has decided to step down too after 34 years with BP and eight as a CFO.. BP today is very different to the BP of October 2010 when he took on the job.. But Bob quickly stabilized BP, then he changed BP's culture, instilled new values and helped make BP safer and profitable again.. Bernard is today too and he will say a few words to close the presentation before Brian and I take your questions.. Safety is a core value and we have done an enormous amount to make BP a safer place to work.. It included five things you could expect from BP and five things to measure us by.. Value over volume, taking decisions to maximize the value we can create rather than the volume we can produce.. In service of this, we have built up our businesses in existing core regions