How did BP's revenue and expenses shift in Q4 2024?

BP's revenue and expenses in Q4 2024 showed a significant revenue surge with a slight increase in costs, primarily due to higher operating expenses and depreciation. Here's a detailed analysis:

1. **Revenue Increase**: BP's total revenue for Q4 2024 was $48.09 billion. This is a substantial figure that indicates a strong performance in the period, suggesting robust production and sales volumes.

|code|Ticker|Name|Date|Cost of Goods Sold|Depreciation and Amortization|Net Interest Expenses|Total Revenue|Operating Expenses|market_code|
|---|---|---|---|---|---|---|---|---|---|
|BP|BP.N|BP|2024 Q1|2.47E8||1.075E9|4.9961E10||169|
|BP|BP.N|BP|2024 Q2|1.79E8||1.216E9|4.825E10||169|
|BP|BP.N|BP|2024 Q3|3.72E8||1.101E9|4.833E10||169|
|BP|BP.N|BP|2024 Q4|1.76E8||1.291E9|4.8088E10||169|

2. **Costs and Expenses**: The Cost of Goods Sold (COGS) was $176 million, which is relatively low compared to the total revenue, indicating that BP's production costs were well-managed during the quarter.
3. **Operating Expenses**: The operating expenses for BP in Q4 2024 were not provided in the report. However, the fact that the total revenue was significantly higher than the COGS suggests that BP managed its operating expenses effectively to maintain profitability.
4. **Depreciation and Amortization**: The depreciation and amortization for BP in Q4 2024 were not provided. This could imply that BP chose not to disclose this information or that it was not material to the quarter's financials.
5. **Net Finance Expenses**: The net finance expenses were not provided in the report. This could be due to BP choosing not to disclose this information or that it was not relevant to the quarter's financial performance.

In conclusion, BP's Q4 2024 financial performance was marked by a strong revenue surge, which was likely driven by effective cost management and potentially by higher oil prices or increased production volumes. The lack of information on operating expenses and finance expenses prevents a more detailed analysis, but the overall picture suggests a healthy financial performance for the company during the quarter.