BP PLC Historical Income Statement

BP Stock  USD 37.46  0.11  0.29%   
Historical analysis of BP PLC income statement accounts such as Interest Expense of 3.6 B or Total Revenue of 189.4 B can show how well BP PLC ADR performed in making a profits. Evaluating BP PLC income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of BP PLC's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining BP PLC ADR latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether BP PLC ADR is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BP PLC ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

About BP PLC Income Statement Analysis

BP PLC ADR Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to BP PLC shareholders. The income statement also shows BP PLC investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

BP PLC Income Statement Chart

BP PLC ADR Income Statement is one of the three primary financial statements used for reporting BP PLC's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of BP PLC ADR revenue and expense. BP PLC Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, BP PLC's Net Income From Continuing Ops is relatively stable compared to the past year. As of 03/28/2024, Non Recurring is likely to grow to about 4 B, while Gross Profit is likely to drop slightly above 26.3 B.

Total Revenue

Total revenue comprises all receipts BP PLC ADR generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of BP PLC ADR minus its cost of goods sold. It is profit before BP PLC operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BP PLC ADR. It is also known as BP PLC overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from BP PLC's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into BP PLC ADR current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BP PLC ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At this time, BP PLC's Net Income From Continuing Ops is relatively stable compared to the past year. As of 03/28/2024, Non Recurring is likely to grow to about 4 B, while Gross Profit is likely to drop slightly above 26.3 B.
 2021 2022 2023 2024 (projected)
Interest Expense2.9B2.7B3.4B3.6B
Depreciation And Amortization15.0B14.7B16.4B9.8B

BP PLC income statement Correlations

0.270.49-0.330.51-0.01-0.060.160.3-0.89-0.05-0.16-0.08-0.040.410.420.140.52-0.46-0.390.06-0.01-0.250.36-0.03
0.27-0.280.02-0.340.380.31-0.540.26-0.3-0.13-0.58-0.130.120.33-0.30.2-0.37-0.17-0.730.73-0.2-0.8-0.22-0.64
0.49-0.280.20.990.380.410.810.58-0.430.620.320.60.430.550.97-0.30.550.270.45-0.140.020.30.260.37
-0.330.020.20.080.810.84-0.020.750.350.7-0.120.510.840.390.09-0.47-0.50.570.360.46-0.320.17-0.01-0.13
0.51-0.340.990.080.250.280.840.48-0.440.540.370.550.320.480.98-0.260.630.220.45-0.240.070.320.290.43
-0.010.380.380.810.250.990.080.89-0.020.72-0.270.580.90.690.31-0.44-0.390.460.080.69-0.41-0.05-0.25-0.31
-0.060.310.410.840.280.990.120.890.020.75-0.210.610.920.660.34-0.46-0.370.510.160.65-0.380.0-0.23-0.24
0.16-0.540.81-0.020.840.080.120.15-0.110.40.480.520.070.320.87-0.150.530.350.7-0.490.180.480.020.4
0.30.260.580.750.480.890.890.15-0.320.73-0.230.520.90.720.44-0.37-0.090.280.090.54-0.33-0.030.1-0.19
-0.89-0.3-0.430.35-0.44-0.020.02-0.11-0.320.050.210.14-0.05-0.37-0.34-0.29-0.590.530.43-0.02-0.070.3-0.270.11
-0.05-0.130.620.70.540.720.750.40.730.050.450.940.810.580.56-0.670.010.780.420.26-0.420.290.040.18
-0.16-0.580.32-0.120.37-0.27-0.210.48-0.230.210.450.62-0.07-0.060.39-0.420.420.590.44-0.45-0.090.450.150.63
-0.08-0.130.60.510.550.580.610.520.520.140.940.620.60.560.61-0.660.040.870.430.17-0.390.3-0.060.25
-0.040.120.430.840.320.90.920.070.9-0.050.81-0.070.60.560.32-0.53-0.230.460.170.57-0.410.12-0.08-0.1
0.410.330.550.390.480.690.660.320.72-0.370.58-0.060.560.560.49-0.34-0.090.37-0.010.48-0.310.07-0.2-0.17
0.42-0.30.970.090.980.310.340.870.44-0.340.560.390.610.320.49-0.30.550.320.47-0.180.050.320.150.42
0.140.2-0.3-0.47-0.26-0.44-0.46-0.15-0.37-0.29-0.67-0.42-0.66-0.53-0.34-0.30.26-0.67-0.22-0.380.76-0.480.06-0.15
0.52-0.370.55-0.50.63-0.39-0.370.53-0.09-0.590.010.420.04-0.23-0.090.550.26-0.270.21-0.660.34-0.020.450.41
-0.46-0.170.270.570.220.460.510.350.280.530.780.590.870.460.370.32-0.67-0.270.50.18-0.390.34-0.170.19
-0.39-0.730.450.360.450.080.160.70.090.430.420.440.430.17-0.010.47-0.220.210.5-0.520.140.510.10.34
0.060.73-0.140.46-0.240.690.65-0.490.54-0.020.26-0.450.170.570.48-0.18-0.38-0.660.18-0.52-0.51-0.29-0.39-0.41
-0.01-0.20.02-0.320.07-0.41-0.380.18-0.33-0.07-0.42-0.09-0.39-0.41-0.310.050.760.34-0.390.14-0.51-0.020.040.44
-0.25-0.80.30.170.32-0.050.00.48-0.030.30.290.450.30.120.070.32-0.48-0.020.340.51-0.29-0.02-0.160.58
0.36-0.220.26-0.010.29-0.25-0.230.020.1-0.270.040.15-0.06-0.08-0.20.150.060.45-0.170.1-0.390.04-0.160.13
-0.03-0.640.37-0.130.43-0.31-0.240.4-0.190.110.180.630.25-0.1-0.170.42-0.150.410.190.34-0.410.440.580.13
Click cells to compare fundamentals

BP PLC Account Relationship Matchups

BP PLC income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization18.4B14.9B15.0B14.7B16.4B9.8B
Interest Expense3.5B3.1B2.9B2.7B3.4B3.6B
Total Revenue278.4B105.9B157.7B241.4B210.1B189.4B
Gross Profit27.6B10.2B22.9B55.1B46.6B26.3B
Other Operating Expenses262.8B106.5B147.2B200.3B180.2B168.5B
Operating Income19.5B(346M)15.1B44.8B30.0B31.5B
Ebit19.5B(346M)15.1B44.8B30.0B31.5B
Ebitda37.9B14.5B30.1B59.5B46.4B24.1B
Total Operating Expenses12.0B10.8B12.4B14.0B16.6B25.8B
Income Before Tax8.2B(24.9B)15.2B15.4B22.9B11.7B
Total Other Income Expense Net(11.4B)(24.5B)140M(29.4B)(7.1B)(6.7B)
Net Income4.0B(20.7B)7.6B(1.4B)15.2B16.0B
Income Tax Expense4.0B(4.2B)6.7B16.8B7.9B4.4B
Selling General Administrative11.1B10.4B11.9B13.4B16.8B13.6B
Cost Of Revenue250.8B95.8B134.9B186.3B163.5B229.9B
Net Income Applicable To Common Shares4.0B(20.3B)7.6B(2.5B)(2.2B)(2.1B)
Minority Interest2.3B14.3B(922M)(1.1B)(934M)(887.3M)
Selling And Marketing Expenses11.1B10.4B11.9B(421M)(378.9M)(360.0M)
Net Income From Continuing Ops4.2B(20.7B)8.5B(1.4B)26.6B27.9B
Tax Provision4.0B(4.2B)6.7B16.8B12.9B13.6B
Interest Income1.3B2.9B581M1.1B971M1.2B
Net Interest Income(2.8B)(2.5B)(2.3B)(1.5B)(1.8B)(1.9B)
Reconciled Depreciation17.8B14.9B15.0B14.7B15.6B12.5B

Pair Trading with BP PLC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BP PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BP PLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with BP PLC Stock

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Moving against BP PLC Stock

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The ability to find closely correlated positions to BP PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BP PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BP PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BP PLC ADR to buy it.
The correlation of BP PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BP PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BP PLC ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BP PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether BP PLC ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BP PLC Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bp Plc Adr Stock. Highlighted below are key reports to facilitate an investment decision about Bp Plc Adr Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BP PLC ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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Is BP PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BP PLC. If investors know BP PLC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BP PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.96)
Dividend Share
0.284
Earnings Share
5.15
Revenue Per Share
18.003
Quarterly Revenue Growth
(0.25)
The market value of BP PLC ADR is measured differently than its book value, which is the value of BP PLC that is recorded on the company's balance sheet. Investors also form their own opinion of BP PLC's value that differs from its market value or its book value, called intrinsic value, which is BP PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BP PLC's market value can be influenced by many factors that don't directly affect BP PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BP PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if BP PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BP PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.