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BP (BP) Accumulated Depreciation : $-169,590 Mil (As of Dec. 2023)


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What is BP Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

BP's quarterly accumulated depreciation stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($-169,590 Mil).

BP's annual accumulated depreciation declined from Dec. 2021 ($-177,736 Mil) to Dec. 2022 ($-153,817 Mil) but then increased from Dec. 2022 ($-153,817 Mil) to Dec. 2023 ($-169,590 Mil).


BP Accumulated Depreciation Historical Data

The historical data trend for BP's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BP Accumulated Depreciation Chart

BP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -158,401.00 -182,221.00 -177,736.00 -153,817.00 -169,590.00

BP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -153,817.00 - - - -169,590.00

BP Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.


BP Accumulated Depreciation Related Terms

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BP (BP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BP PLC (NYSE:BP) » Definitions » Accumulated Depreciation
Address
1 St James's Square, London, GBR, SW1Y 4PD
BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.1 million barrels of liquids and 6.9 billion cubic feet of natural gas per day. At the end of 2022, reserves stood at 7.2 billion barrels of oil equivalent, 56% of which are liquids. The company operates refineries with a capacity of 1.6 million barrels of oil per day. BP also holds a 20% ownership interest in Rosneft, which it plans to exit.
Executives
Karen Richardson Non-Executive Director