BP (LTS:0HKP) Total Operating Expense: $17,877 Mil (TTM As of Mar. 2026)


LTS:0HKP BP PLC LTS:0HKP
69 GF Score
Price $37.82
GF Value $35.72
Valuation Fairly Valued
! 6 Warning Signs
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What is BP Total Operating Expense?

BP LTS:0HKP -4.09% 69 Total Operating Expense is $17,877 Mil as of Mar. 2026. GuruFocus rates LTS:0HKP with a GF Score™ of 69/100 and a GF Value™ of $35.72 (Fairly Valued). The stock has 6 warning signs investors should review.

BP's Total Operating Expense for the three months ended in Mar. 2026 was $4,670 Mil. BP's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $17,877 Mil.

BP Total Operating Expense Related Terms

BP Total Operating Expense Historical Data

* Premium members only.

The historical data trend for BP's Total Operating Expense 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.

BP Total Operating Expense Chart

BP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,188.00 13,649.00 17,023.00 16,624.00 17,721.00

BP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 4,514.00 4,381.00 4,495.00 4,331.00 4,670.00
LTS:0HKP
69GF Score
BP PLC LTS:0HKP
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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BP Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $17,877 Mil.

* 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.

What does a Total Operating Expense of $17,877 Mil mean?
BP (LTS:0HKP) has a Total Operating Expense of $17,877 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on BP and its competitors.
Is BP's Total Operating Expense too high?
BP's current Total Operating Expense is $17,877 Mil. Overall, BP has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BP's Total Operating Expense compare to XOM and CVX?
BP's Total Operating Expense of $17,877 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for an Oil & Gas company?
A good Total Operating Expense depends on the Oil & Gas industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on BP and its competitors. BP's current Total Operating Expense is $17,877 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BP stock overvalued right now?
Based on GuruFocus' analysis, BP (LTS:0HKP) is currently considered Fairly Valued. The stock's GF Value™ is $35.72, compared to a current price of $37.82 — trading 5.9% above its estimated fair value. The current Total Operating Expense is $17,877 Mil. BP's overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For BP (LTS:0HKP), the current Total Operating Expense is $17,877 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BP (LTS:0HKP) Overvalued in 2026?

Based on GuruFocus' analysis, BP stock appears to be overvalued. The current stock price of $37.82 is trading 5.9% above its estimated GF Value™ of $35.72. GuruFocus considers BP to be Fairly Valued.

Key valuation signals for LTS:0HKP:

  • Total Operating Expense: $17,877 Mil
  • GF Value™: $35.72 vs. price of $37.82 (5.9% above fair value)
  • GF Score™: 69/100 with 6 warning signs

No single metric tells the full story. See the LTS:0HKP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

BP Business Description

Industry EnergyOil & Gas
Address 1 St James\'s Square, London, GBR, SW1Y 4PD
BP is an integrated energy company that explores for, produces, and refines oil and gas around the world. In 2025, it produced 1.2 million barrels of liquids and 6.5 billion cubic feet of natural gas per day. At the end of 2025, proved hydrocarbon reserves stood at 6.2 billion barrels of oil equivalent, 56% of which are liquids. The company operates refineries with a total crude distillation capacity of 1.56 million barrels of oil per day.
69GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$37.82
Price
$35.72
GF Value