BP p.l.c. (BP) Revenue & Revenue Breakdown


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BP p.l.c. Revenue Highlights


Latest Revenue (Y)

$210.13B

Latest Revenue (Q)

$48.88B

Main Segment (Y)

Oil and Gas, Oil Products

Main Geography (Y)

Non-US

BP p.l.c. Revenue by Period


BP p.l.c. Revenue by Year

DateRevenueChange
2023-12-31$210.13B-12.95%
2022-12-31$241.39B53.03%
2021-12-31$157.74B48.89%
2020-12-31$105.94B-61.94%
2019-12-31$278.40B-6.81%
2018-12-31$298.76B24.37%
2017-12-31$240.21B31.26%
2016-12-31$183.01B-17.89%
2015-12-31$222.89B-36.96%
2014-12-31$353.57B-6.74%
2013-12-31$379.14B2.23%
2012-12-31$370.87B-1.24%
2011-12-31$375.52B24.40%
2010-12-31$301.86B23.73%
2009-12-31$243.97B-32.45%
2008-12-31$361.14B27.00%
2007-12-31$284.37B6.94%
2006-12-31$265.91B10.89%
2005-12-31$239.79B18.26%
2004-12-31$202.77B-12.81%
2003-12-31$232.57B30.13%
2002-12-31$178.72B2.58%
2001-12-31$174.22B17.67%
2000-12-31$148.06B77.18%
1999-12-31$83.57B22.34%
1998-12-31$68.30B-38.03%
1997-12-31$110.21B146.39%
1996-12-31$44.73B23.89%
1995-12-31$36.11B9.03%
1994-12-31$33.12B-5.25%
1993-12-31$34.95B-

BP p.l.c. generated $210.13B in revenue during NA 2023, up -12.95% compared to the previous quarter, and up 70.33% compared to the same period a year ago.

BP p.l.c. Revenue by Quarter

DateRevenueChange
2024-03-31$48.88B-6.25%
2023-12-31$52.14B-2.12%
2023-09-30$53.27B9.75%
2023-06-30$48.54B-13.61%
2023-03-31$56.18B-18.88%
2022-12-31$69.26B25.90%
2022-09-30$55.01B-18.94%
2022-06-30$67.87B37.78%
2022-03-31$49.26B-2.56%
2021-12-31$50.55B39.75%
2021-09-30$36.17B-0.80%
2021-06-30$36.47B5.57%
2021-03-31$34.54B-22.87%
2020-12-31$44.79B1.22%
2020-09-30$44.25B39.70%
2020-06-30$31.68B-46.90%
2020-03-31$59.65B-16.11%
2019-12-31$71.11B4.13%
2019-09-30$68.29B-6.03%
2019-06-30$72.68B9.58%
2019-03-31$66.32B-12.36%
2018-12-31$75.68B-4.77%
2018-09-30$79.47B5.34%
2018-06-30$75.44B10.66%
2018-03-31$68.17B0.52%
2017-12-31$67.82B12.99%
2017-09-30$60.02B6.21%
2017-06-30$56.51B1.16%
2017-03-31$55.86B9.52%
2016-12-31$51.01B8.42%
2016-09-30$47.05B1.30%
2016-06-30$46.44B20.59%
2016-03-31$38.51B-21.68%
2015-12-31$49.17B-10.16%
2015-09-30$54.73B-41.75%
2015-06-30$93.96B73.37%
2015-03-31$54.20B-26.76%
2014-12-31$74.00B-21.20%
2014-09-30$93.90B-0.06%
2014-06-30$93.96B2.45%
2014-03-31$91.71B-2.14%
2013-12-31$93.72B-2.99%
2013-09-30$96.60B2.00%
2013-06-30$94.71B0.64%
2013-03-31$94.11B-1.28%
2012-12-31$95.32B4.52%
2012-09-30$91.20B-3.06%
2012-06-30$94.08B-0.94%
2012-03-31$94.97B0.16%
2011-12-31$94.82B-1.41%
2011-09-30$96.17B-5.84%
2011-06-30$102.14B19.70%
2011-03-31$85.33B12.58%
2010-12-31$75.80B5.23%
2010-09-30$72.03B-3.83%
2010-06-30$74.90B0.70%
2010-03-31$74.38B-0.65%
2009-12-31$74.87B12.72%
2009-09-30$66.42B18.52%
2009-06-30$56.04B16.74%
2009-03-31$48.00B-27.30%
2008-12-31$66.03B-36.12%
2008-09-30$103.37B-6.80%
2008-06-30$110.90B26.39%
2008-03-31$87.75B3.92%
2007-12-31$84.44B-

BP p.l.c. generated $48.88B in revenue during Q1 2024, up -6.25% compared to the previous quarter, and up 70.58% compared to the same period a year ago.

BP p.l.c. Revenue Breakdown


BP p.l.c. Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Oil and Gas, Oil Products$128.97B$149.85B$101.42B$63.56B$180.53B
Product And Service Other 1$10.30B$7.90B$6.08B$9.84B$13.25B
Natural Gas Products$29.54B$41.77B$24.38B$12.73B$20.17B
Oil And Gas, Crude Oil$2.41B$6.31B$5.48B$5.05B$62.13B

BP p.l.c.'s latest annual revenue breakdown by segment (product or service), as of Dec 23: Oil and Gas, Oil Products (75.32%), Natural Gas Products (17.25%), Product And Service Other 1 (6.01%), and Oil And Gas, Crude Oil (1.41%).

Quarterly Revenue by Product

Product/ServiceJun 23Jun 22Jun 21Jun 20Jun 19Jun 18
Oil products$31.22B$43.27B$24.65B---
Crude Oil$520.00M$2.03B$1.29B---
Non-oil products and other revenues from contracts with customers$2.75B$1.82B$1.60B---
Natural gas, LNG and NGLs$5.84B$8.94B$4.27B---
Crude Oil 1---$1.06B$17.07B$17.17B
Oil Products---$10.45B$47.00B$51.44B
Other Products---$2.12B$3.17B$3.08B
Natural Gas---$2.99B$4.82B$4.96B

BP p.l.c.'s latest quarterly revenue breakdown by segment (product or service), as of Jun 23: Oil products (77.41%), Natural gas, LNG and NGLs (14.48%), Non-oil products and other revenues from contracts with customers (6.82%), and Crude Oil (1.29%).

BP p.l.c. Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Non-US$149.55B$170.27B---
UNITED STATES$60.58B$71.12B$53.75B$55.61B$89.33B
Country of domicile-$36.54B$11.25B$42.73B$63.19B
Non-US1--$103.99B$124.75B$189.06B

BP p.l.c.'s latest annual revenue breakdown by geography, as of Dec 23: Non-US (71.17%), and UNITED STATES (28.83%).

Quarterly Revenue by Country

CountryDec 18Jun 18
UNITED STATES$71.39B$26.68B
Non-US1$144.66B$56.03B
United States And Non-US-$82.71B

BP p.l.c.'s latest quarterly revenue breakdown by geography, as of Dec 18: Non-US1 (66.96%), and UNITED STATES (33.04%).

BP p.l.c. Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ECEcopetrol$143.08T$31.30T
XOMExxon Mobil$334.70B$89.99B
SHELShell$301.01B$70.83B
TTETotalEnergies SE$218.94B$51.88B
BPBP p.l.c.$210.13B$48.88B
CVXChevron$200.95B$49.57B
EQNREquinor ASA$106.85B$25.09B
PBRPetróleo Brasileiro S.A. - Petrobras$102.50B$23.77B
EEni S.p.A.$93.72B$22.94B
SUSuncor Energy$49.09B$13.30B
YPFYPF Sociedad Anónima$17.00B$4.31B

BP Revenue FAQ


BP p.l.c.'s yearly revenue for 2023 was $210.13B, representing a decrease of -12.95% compared to 2022. The company's yearly revenue for 2022 was $241.39B, representing an increase of 53.03% compared to 2021. BP's yearly revenue for 2021 was $157.74B, representing an increase of 48.89% compared to 2020.

BP p.l.c.'s quarterly revenue for Q1 2024 was $48.88B, a -6.25% decrease from the previous quarter (Q4 2023), and a -13.00% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $52.14B, a -2.12% decrease from the previous quarter (Q3 2023), and a -24.71% decrease year-over-year (Q4 2022). BP's quarterly revenue for Q3 2023 was $53.27B, a 9.75% increase from the previous quarter (Q2 2023), and a -3.17% decrease year-over-year (Q3 2022).

BP p.l.c.'s revenue growth rate for the last 3 years (2021-2023) was 33.21%, and for the last 5 years (2019-2023) was -24.52%.

BP p.l.c.'s revenue streams in c 23 are Oil and Gas, Oil Products, Product And Service Other 1, Natural Gas Products, and Oil And Gas, Crude Oil. Oil and Gas, Oil Products generated $128.97B in revenue, accounting 75.32% of the company's total revenue, down -13.94% year-over-year. Product And Service Other 1 generated $10.3B in revenue, accounting 6.01% of the company's total revenue, up 30.42% year-over-year. Natural Gas Products generated $29.54B in revenue, accounting 17.25% of the company's total revenue, down -29.28% year-over-year. Oil And Gas, Crude Oil generated $2.41B in revenue, accounting 1.41% of the company's total revenue, down -61.75% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of BP p.l.c. was Oil and Gas, Oil Products. This segment made a revenue of $128.97B, representing 75.32% of the company's total revenue.