Aral, BP Group’s gas station chain, to digitize operations with Zebra Technologies

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BP PLC ($LSE:BP.) is a British multinational oil and gas company with headquarters in London, England. BP Group’s Aral has selected Zebra Technologies to digitise its service station operations. The goal is to improve the customer experience and create a more efficient and streamlined operation. Aral is the first major gas station chain in Europe to make such a move, and it is hoped that the partnership with Zebra will help to solidify BP’s position as a leader in the European market.

The deployment of the latest technologies will also allow Aral to offer new and innovative services to its customers, such as the ability to pay for gas via a mobile app. The partnership with Zebra is part of BP’s wider digital transformation strategy, which is designed to make the company’s operations more efficient and responsive to customer needs. In addition to the deployment of new technologies, BP is also investing in data analytics and artificial intelligence to further improve its operations.

Stock Price

So far, media coverage of the move has been mixed. Some industry analysts believe that the move will help BP Group streamline operations and improve efficiency.

However, others have raised concerns about the potential for data breaches and privacy issues. On Wednesday, BP PLC stock opened at £4.5 and closed at £4.6, up by 2.2% from prior closing price of 4.5. The company’s share price has been volatile in recent months, but the news of the Aral deal has been generally well-received by investors.

VI Analysis

Company’s fundamentals reflect its long term potential, below analysis on BP PLC are made simple by VI app. Based on VI Star Chart BP PLC has an intermediate health score of 4/10 considering its cashflows and debt, is likely to pay off debt and fund future operations. BP PLC is classified as ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends. what type of investors may interested in such company. BP PLC is strong in dividend, medium in asset, profitability and weak in growth. The company’s fundamentals reflect its long-term potential, and the VI app makes it easy to see how BP PLC is performing in key areas. The company has an intermediate health score of 4/10, which indicates that it is likely to be able to pay off its debt and fund future operations. This makes it an attractive investment for income-seeking investors.

However, it is worth noting that BP PLC is weak in terms of growth potential, so investors should not expect high capital gains from this stock.

VI Peers

BP PLC, Eni SpA, Exxon Mobil Corp, and TotalEnergies SE are all oil and gas companies. They are all competitors in the same industry.

– Eni SpA ($LTS:0TD2)

Eni SpA is an Italian energy company with a market cap of 40.68B as of 2022. The company’s ROE is 32.67%. Eni SpA is involved in the exploration, production, transport, and sale of oil and gas. The company also produces and sells chemicals, electricity, and other energy products.

– Exxon Mobil Corp ($NYSE:XOM)

Exxon Mobil Corp is an energy company with operations in exploration, production, and refining of crude oil and natural gas, as well as the marketing and sale of petroleum products. As of 2022, it had a market capitalization of 432.56 billion and a return on equity of 20.07%. The company was founded in 1870 and is headquartered in Irving, Texas.

– TotalEnergies SE ($LSE:TTE)

TotalEnergies SE is an integrated energy company that produces and markets natural gas, electricity, and renewable energy. The company has a market capitalization of $133.62 billion as of 2021 and a return on equity of 21.39%. TotalEnergies SE is involved in the exploration, production, transportation, and marketing of natural gas and electricity. The company also develops, builds, and operates renewable energy projects. TotalEnergies SE is headquartered in Paris, France.

Summary

BP PLC is a multinational oil and gas company headquartered in London, United Kingdom. It has secondary listings on the New York Stock Exchange and the Frankfurt Stock Exchange.