BP Debt-to-Equity Ratio Analysis

Debt-to-equity compares a company’s total liabilities to shareholders’ equity, so at 1.00x BP has $1 of debt for every $1 of equity — a moderate leverage level that means creditors and owners share the balance sheet almost equally.

That reading sits above the sector median of 0.72x, placing BP in the 64th percentile, which tells you it carries more debt than roughly two-thirds of its energy-sector peers. The most recent figure improved from 1.07x to 1.00x, a 6.5% drop quarter over quarter, showing BP is actively reducing its leverage even though a year-over-year comparison is not available. Although the broader eight-quarter trend is not reported, the sequential decline suggests debt reduction is underway, but the level still trails the sector’s typical conservatism. For an investor, the higher-than-median debt with a recent downward move points to a manageable risk: leverage is

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