BP Cost of Goods Sold 2010-2024 | BP
BP annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
- BP cost of goods sold for the quarter ending September 30, 2024 was $35.612B, a 2.4% decline year-over-year.
- BP cost of goods sold for the twelve months ending September 30, 2024 was $143.875B, a 4.32% decline year-over-year.
- BP annual cost of goods sold for 2023 was $146.13B, a 15.03% decline from 2022.
- BP annual cost of goods sold for 2022 was $171.978B, a 43.23% increase from 2021.
- BP annual cost of goods sold for 2021 was $120.074B, a 48.48% increase from 2020.
BP Annual Cost of Goods Sold
(Millions of US $) |
| 2023 |
$146,130 |
| 2022 |
$171,978 |
| 2021 |
$120,074 |
| 2020 |
$80,871 |
| 2019 |
$233,034 |
| 2018 |
$254,419 |
| 2017 |
$205,720 |
| 2016 |
$161,979 |
| 2015 |
$202,866 |
| 2014 |
$312,240 |
| 2013 |
$332,925 |
| 2012 |
$334,858 |
| 2011 |
$317,576 |
| 2010 |
$286,070 |
| 2009 |
$190,726 |
BP Quarterly Cost of Goods Sold
(Millions of US $) |
| 2024-09-30 |
$35,612 |
| 2024-06-30 |
$36,067 |
| 2024-03-31 |
$34,938 |
| 2023-12-31 |
$37,258 |
| 2023-09-30 |
$36,487 |
| 2023-06-30 |
$35,807 |
| 2023-03-31 |
$36,578 |
| 2022-12-31 |
$41,499 |
| 2022-09-30 |
$47,825 |
| 2022-06-30 |
$47,366 |
| 2022-03-31 |
$35,288 |
| 2021-12-31 |
$38,892 |
| 2021-09-30 |
$30,317 |
| 2021-06-30 |
$28,098 |
| 2021-03-31 |
$22,767 |
| 2020-12-31 |
$21,750 |
| 2020-09-30 |
$18,919 |
| 2020-06-30 |
$13,699 |
| 2020-03-31 |
$26,503 |
| 2019-12-31 |
$59,665 |
| 2019-09-30 |
$57,872 |
| 2019-06-30 |
$61,445 |
| 2019-03-31 |
$54,052 |
| 2018-12-31 |
$65,378 |
| 2018-09-30 |
$67,253 |
| 2018-06-30 |
$64,470 |
| 2018-03-31 |
$57,318 |
| 2017-12-31 |
$60,015 |
| 2017-09-30 |
$50,344 |
| 2017-06-30 |
$48,663 |
| 2017-03-31 |
$46,698 |
| 2016-12-31 |
$44,677 |
| 2016-09-30 |
$40,710 |
| 2016-06-30 |
$43,456 |
| 2016-03-31 |
$33,136 |
| 2015-12-31 |
$43,604 |
| 2015-09-30 |
$49,130 |
| 2015-06-30 |
$63,511 |
| 2015-03-31 |
$46,621 |
| 2014-12-31 |
$67,825 |
| 2014-09-30 |
$82,798 |
| 2014-06-30 |
$82,332 |
| 2014-03-31 |
$79,285 |
| 2013-12-31 |
$83,708 |
| 2013-09-30 |
$84,768 |
| 2013-06-30 |
$83,925 |
| 2013-03-31 |
$80,524 |
| 2012-12-31 |
$88,374 |
| 2012-09-30 |
$78,401 |
| 2012-06-30 |
$86,715 |
| 2012-03-31 |
$81,368 |
| 2011-12-31 |
$77,491 |
| 2011-09-30 |
$83,655 |
| 2011-06-30 |
$86,837 |
| 2011-03-31 |
$70,060 |
| 2010-12-31 |
$67,385 |
| 2010-09-30 |
$66,275 |
| 2010-06-30 |
$93,753 |
| 2010-03-31 |
$58,657 |
| 2009-12-31 |
$57,325 |
| 2009-09-30 |
$53,379 |
| 2009-06-30 |
$42,677 |
| 2009-03-31 |
$37,345 |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - International Integrated |
$78.474B |
$213.032B |
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BP has come a long way since the Gulf of Mexico oil spill incident in 2010, which followed the explosion on the British energy giant's Deepwater Horizon rig. To combat its huge litigation expenses that stemmed from the disaster, the company embarked on a massive asset divestment program and relied significantly on debt capital. BP successfully settled all litigation with the relatively insignificant cash outlays remaining. BP has been banking on its strong portfolio of upstream projects. BP is also on track to capitalize on the global economy's transition to lower carbon fuels. The company has been investing in renewable energy business with a plan to ramp up capital spending for non-oil and gas business. In fact, BP has plans of becoming carbon-neutral by 2050. Its reportable segments now are: Oil Production & Operations, Gas & Low Carbon Energy, Customers & Products and Rosneft.It entered a non-binding MOU with?Eni to combine their upstream portfolios into a joint venture in Angola.
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