BP SG&A Expenses 2010-2023 | BP
BP annual/quarterly sg&a expenses history and growth rate from 2010 to 2023. Sg&a expenses can be defined as the sum of all selling, general and administrative expenses.
- BP sg&a expenses for the quarter ending December 31, 2023 were $4.733B, a 29.53% increase year-over-year.
- BP sg&a expenses for the twelve months ending December 31, 2023 were $16.772B, a 24.71% increase year-over-year.
- BP annual sg&a expenses for 2023 were $16.772B, a 24.71% increase from 2022.
- BP annual sg&a expenses for 2022 were $13.449B, a 12.72% increase from 2021.
- BP annual sg&a expenses for 2021 were $11.931B, a 14.75% increase from 2020.
BP Annual SG&A Expenses
(Millions of US $) |
| 2023 |
$16,772 |
| 2022 |
$13,449 |
| 2021 |
$11,931 |
| 2020 |
$10,397 |
| 2019 |
$11,057 |
| 2018 |
$12,179 |
| 2017 |
$10,508 |
| 2016 |
$10,495 |
| 2015 |
$11,553 |
| 2014 |
$12,266 |
| 2013 |
$12,611 |
| 2012 |
$13,357 |
| 2011 |
$13,958 |
| 2010 |
$12,555 |
| 2009 |
$14,038 |
BP Quarterly SG&A Expenses
(Millions of US $) |
| 2023-12-31 |
$4,733 |
| 2023-09-30 |
$4,458 |
| 2023-06-30 |
$3,834 |
| 2023-03-31 |
$3,747 |
| 2022-12-31 |
$3,654 |
| 2022-09-30 |
$3,262 |
| 2022-06-30 |
$3,453 |
| 2022-03-31 |
$3,080 |
| 2021-12-31 |
$3,365 |
| 2021-09-30 |
$3,077 |
| 2021-06-30 |
$2,874 |
| 2021-03-31 |
$2,615 |
| 2020-12-31 |
$2,769 |
| 2020-09-30 |
$2,435 |
| 2020-06-30 |
$2,509 |
| 2020-03-31 |
$2,684 |
| 2019-12-31 |
$2,996 |
| 2019-09-30 |
$2,648 |
| 2019-06-30 |
$2,646 |
| 2019-03-31 |
$2,767 |
| 2018-12-31 |
$3,655 |
| 2018-09-30 |
$2,801 |
| 2018-06-30 |
$2,929 |
| 2018-03-31 |
$2,794 |
| 2017-12-31 |
$2,981 |
| 2017-09-30 |
$2,634 |
| 2017-06-30 |
$2,540 |
| 2017-03-31 |
$2,353 |
| 2016-12-31 |
$2,692 |
| 2016-09-30 |
$2,648 |
| 2016-06-30 |
$2,697 |
| 2016-03-31 |
$2,458 |
| 2015-12-31 |
$3,082 |
| 2015-09-30 |
$2,699 |
| 2015-06-30 |
$2,989 |
| 2015-03-31 |
$2,783 |
| 2014-12-31 |
$2,879 |
| 2014-09-30 |
$3,207 |
| 2014-06-30 |
$3,078 |
| 2014-03-31 |
$3,102 |
| 2013-12-31 |
$3,023 |
| 2013-09-30 |
$3,411 |
| 2013-06-30 |
$3,223 |
| 2013-03-31 |
$2,954 |
| 2012-12-31 |
$3,389 |
| 2012-09-30 |
$3,627 |
| 2012-06-30 |
$3,213 |
| 2012-03-31 |
$3,128 |
| 2011-12-31 |
$3,910 |
| 2011-09-30 |
$3,693 |
| 2011-06-30 |
$3,448 |
| 2011-03-31 |
$2,907 |
| 2010-12-31 |
$3,409 |
| 2010-09-30 |
$3,187 |
| 2010-06-30 |
$2,939 |
| 2010-03-31 |
$3,020 |
| 2009-12-31 |
$3,979 |
| 2009-09-30 |
$3,420 |
| 2009-06-30 |
$3,290 |
| 2009-03-31 |
$3,349 |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - International Integrated |
$105.579B |
$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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