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 $8.042B $213.032B
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.
Stock Name Country Market Cap PE Ratio
Exxon (XOM) United States $535.279B 14.16
Chevron (CVX) United States $291.776B 14.19
Shell (SHEL) United Kingdom $204.392B 7.78
Eni SpA (E) Italy $48.968B 7.36
YPF Sociedad Anonima (YPF) Argentina $15.744B 4.59
Repsol SA (REPYY) Spain $15.152B 3.71
Fuchs Petrolub SE (FUPBY) Germany $6.352B 18.43
Vista Oil & Gas, S.A.B De C.V (VIST) Mexico $5.380B 13.14
Sasol (SSL) South Africa $3.573B 0.00
New Fortress Energy LLC (NFE) United States $2.451B 7.39
Teekay (TK) Bermuda $0.728B 5.87
Tamboran Resources (TBN) Australia $0.245B 0.00
Crown LNG Holdings (CGBS) Singapore $0.023B 0.00
Braskem S.A (BAK) Brazil $0.000B 0.00