BP Net Acquisitions/Divestitures 2010-2025 | BP
BP annual/quarterly net acquisitions/divestitures history and growth rate from 2010 to 2025. Net acquisitions/divestitures can be defined as the total change in cash resulting from both investments in businesses and sales of businesses or business segments.
- BP net acquisitions/divestitures for the quarter ending March 31, 2025 were $-0.166B, a 168.88% decline year-over-year.
- BP net acquisitions/divestitures for the twelve months ending March 31, 2025 were $3.209B, a 260.16% increase year-over-year.
- BP annual net acquisitions/divestitures for 2024 were $2.631B, a 567.77% increase from 2023.
- BP annual net acquisitions/divestitures for 2023 were $0.394B, a 123.33% decline from 2022.
- BP annual net acquisitions/divestitures for 2022 were $-1.689B, a 130.02% decline from 2021.
BP Annual Net Acquisitions/Divestitures
(Millions of US $) |
| 2024 |
$2,631 |
| 2023 |
$394 |
| 2022 |
$-1,689 |
| 2021 |
$5,626 |
| 2020 |
$4,945 |
| 2019 |
$-1,861 |
| 2018 |
$-5,075 |
| 2017 |
$151 |
| 2016 |
$1,258 |
| 2015 |
$1,749 |
| 2014 |
$1,540 |
| 2013 |
$3,817 |
| 2012 |
$1,490 |
| 2011 |
$-11,572 |
| 2010 |
$6,994 |
| 2009 |
$967 |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - International Integrated |
$80.252B |
$194.629B |
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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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