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95 miles NW of Quitaque, TX | I do not like some of the last 10 years of profits for BP.
AI Overview
BP PLC (BP)
BP's profit over the last 10 years (2016–2025) has been highly volatile, characterized by significant losses during the 2020 pandemic and a massive peak in 2022 following the Ukraine conflict, with subsequent declines in 2024 and 2025. As of April 28, 2026, the company is focusing on cost-cutting and dividend security in a lower-price environment.
BBC
BBC
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Annual Net Income Trends (2016-2025)
2025: ~$0.055B (Significantly lower than 2024 due to falling oil prices)
2024: $0.38B (Sharp drop from 2023 levels)
2023: $15.24B (Normalized from 2022 high)
2022: $-2.49B (Net loss due to exit from Russia/other items, despite high operating profits)
2021: $7.57B (Recovery year)
2020: $-20.3B (Major loss due to pandemic-related oil price crash)
2016–2019: Ranged from $0.1B (2016) to $9.38B (2018)
Click on the link for the chart
https://www.google.com/search?q=BP+profit+outlook+last+10+years&sca_...
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BP’s Quarterly Profit jumps from $1.38B to $3.2B, up 132%…..
