Similar companies
| Company | Lobbying Cost | |
|---|---|---|
 |
ExxonMobilXOM |
$480,000 |
 |
Occidental PetroleumOXY |
$497,000 |
 |
ChevronCVX |
$893,000 |
 |
Hess CorporationHES |
$27,000 |
 |
Phillips 66PSX |
$123,000 |
How much is BP spending on lobbying and what does that mean?
BP is spending a significant amount on lobbying, with an estimate of $287,000 per month. This high level of spend suggests a strong commitment to influencing policy and regulatory decisions, which could have major impacts on the company's business environment and operations.
Analyzing Lobbying Cost, how is BP performing compared to its industry peers?
BP underperforms its industry peers when it comes to Lobbying Cost, ranking in the 32nd percentile.
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