Archive · 9 Jun 2025
Moelis: BP Takeover Unlikely Due to Size and Complexity
Imagine a big oil company, BP, and other companies that might want to buy it.
Experts at Moelis & Co.
say it's hard for anyone to buy BP right now because it's so large and complicated.
They think Shell is the best match for BP, but Shell is unlikely to buy it.
Shell has done well by returning to oil and gas sooner than BP.
If BP doesn't improve, there might be a takeover sometime in the future.
BP is also trying to sell off some parts of the business, but that might be difficult, especially with its lubricant unit, Castrol.
Selling BP's assets in the U.S. could change the company.
Moelis & Co. analysts believe a BP takeover is unlikely due to the company's size and complexity.
Shell is considered the best fit for a potential BP takeover but is unlikely to do so.
Shell's quicker pivot back to oil and gas puts it in a stronger position than BP.
BP's $20 billion divestment program faces challenges, especially with its lubricants unit Castrol.
Selling BP's U.S. oil assets could raise questions about the company's future.
- Who
- Moelis & Co. bankers and oil companies like Shell and BP.
- What
- The likelihood of a takeover of BP Plc.
- When
- The current time.
- Where
- London.
- Why
- Because of BP's size and complexity, and Shell's current position.
Future Considerations
Current Market Dynamics
Company Positioning
Future Considerations
BP's situation may become more attractive for a takeover at a later point if its share price remains stagnant.
Current Market Dynamics
Shell is in a stronger position than BP.
- Company Discussed
- Oil company
- Takeover Probability
- Unlikely
- Moelis Interview Location
- London
- Potential Buyer
- Shell Plc
- BP Divestment Program
- $20 billion