BP Operating Expenses 2010-2024 | BP

BP annual/quarterly operating expenses history and growth rate from 2010 to 2024. Operating expenses can be defined as the sum of all operating expenses for the given industry.
  • BP operating expenses for the quarter ending September 30, 2024 were $45.873B, a 0.31% increase year-over-year.
  • BP operating expenses for the twelve months ending September 30, 2024 were $186.497B, a 0.7% decline year-over-year.
  • BP annual operating expenses for 2023 were $185.684B, a 19.57% decline from 2022.
  • BP annual operating expenses for 2022 were $230.852B, a 58% increase from 2021.
  • BP annual operating expenses for 2021 were $146.113B, a 11.69% increase from 2020.
BP Annual Operating Expenses
(Millions of US $)
2023 $185,684
2022 $230,852
2021 $146,113
2020 $130,818
2019 $270,910
2018 $284,360
2017 $235,108
2016 $187,036
2015 $233,900
2014 $352,266
2013 $364,448
2012 $368,305
2011 $346,401
2010 $312,630
2009 $219,712
BP Quarterly Operating Expenses
(Millions of US $)
2024-09-30 $45,873
2024-06-30 $45,820
2024-03-31 $44,294
2023-12-31 $50,510
2023-09-30 $45,729
2023-06-30 $45,126
2023-03-31 $44,319
2022-12-31 $52,636
2022-09-30 $55,196
2022-06-30 $54,904
2022-03-31 $68,116
2021-12-31 $47,445
2021-09-30 $37,674
2021-06-30 $31,773
2021-03-31 $29,221
2020-12-31 $29,327
2020-09-30 $25,305
2020-06-30 $41,589
2020-03-31 $34,597
2019-12-31 $71,018
2019-09-30 $68,418
2019-06-30 $69,731
2019-03-31 $61,743
2018-12-31 $73,721
2018-09-30 $74,640
2018-06-30 $71,351
2018-03-31 $64,648
2017-12-31 $68,166
2017-09-30 $57,287
2017-06-30 $55,897
2017-03-31 $53,758
2016-12-31 $51,020
2016-09-30 $46,233
2016-06-30 $50,192
2016-03-31 $39,591
2015-12-31 $52,876
2015-09-30 $55,962
2015-06-30 $71,453
2015-03-31 $53,609
2014-12-31 $82,793
2014-09-30 $91,798
2014-06-30 $90,324
2014-03-31 $87,351
2013-12-31 $93,519
2013-09-30 $92,634
2013-06-30 $91,219
2013-03-31 $87,076
2012-12-31 $96,044
2012-09-30 $85,985
2012-06-30 $98,020
2012-03-31 $88,256
2011-12-31 $84,964
2011-09-30 $90,008
2011-06-30 $94,869
2011-03-31 $76,805
2010-12-31 $75,083
2010-09-30 $72,736
2010-06-30 $100,000
2010-03-31 $64,811
2009-12-31 $66,702
2009-09-30 $59,955
2009-06-30 $49,468
2009-03-31 $43,587
Sector Industry Market Cap Revenue
Oils/Energy Oil & Gas - International Integrated $7.872B $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 $521.390B 13.79
Chevron (CVX) United States $286.816B 13.95
Shell (SHEL) United Kingdom $203.711B 7.75
Eni SpA (E) Italy $49.069B 7.38
Repsol SA (REPYY) Spain $15.286B 3.74
YPF Sociedad Anonima (YPF) Argentina $13.982B 4.07
Fuchs Petrolub SE (FUPBY) Germany $6.350B 18.42
Vista Oil & Gas, S.A.B De C.V (VIST) Mexico $4.748B 11.60
Sasol (SSL) South Africa $3.379B 0.00
New Fortress Energy LLC (NFE) United States $1.864B 6.89
Teekay (TK) Bermuda $0.728B 5.87
Tamboran Resources (TBN) Australia $0.265B 0.00
Crown LNG Holdings (CGBS) Singapore $0.024B 0.00
Braskem S.A (BAK) Brazil $0.000B 0.00