BP Midstream Partners LP (BPMP) financial statements (2020 and earlier)

Company profile

Business Address 501 WESTLAKE PARK BLVD
HOUSTON, TX 77079
State of Incorp. DE
Fiscal Year End December 31
SIC 461 - Pipelines, Except Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments925733
Cash and cash equivalents925733
Receivables111010
Other current assets312
Other undisclosed current assets051
Total current assets:1077245
Noncurrent Assets
Property, plant and equipment656969
Long-term investments and receivables538549488
Long-term investments538549488
Other noncurrent assets433
Total noncurrent assets:606621560
TOTAL ASSETS:713693606
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities185
Accounts payable110
Accrued liabilities 74
Deferred revenue3
Debt  15
Due to related parties232
Other liabilities7  
Other undisclosed current liabilities 1 
Total current liabilities:121122
Noncurrent Liabilities
Long-term debt and lease obligation468468 
Long-term debt, excluding current maturities468468 
Liabilities, other than long-term debt433
Accrued environmental loss contingencies 33
Other liabilities4  
Total noncurrent liabilities:4724713
Total liabilities:48448225
Stockholders' equity
Other undisclosed stockholders' equity230211581
Total stockholders' equity:230211581
TOTAL LIABILITIES AND EQUITY:713693606

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
Revenues122116108
Revenue, net30116108
Revenue from related parties62 
Cost of revenue(26)(25)(22)
Cost of goods and services sold(1)(3)(4)
Gross profit:969186
Operating expenses(18)(16)(10)
Operating income:787576
Income from continuing operations before equity method investments, income taxes:787576
Income from equity method investments1119418
Other undisclosed loss from continuing operations before income taxes(15)(4) 
Income from continuing operations before income taxes:17416694
Income tax expense  (25)
Income before gain (loss) on sale of properties:17416669
Other undisclosed net loss  (0)
Net income:17416669
Net loss attributable to noncontrolling interest(17)(33)(8)
Other undisclosed net loss attributable to parent  (39)
Net income available to common stockholders, diluted:15713322

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
Net income:17416669
Comprehensive income:17416669
Comprehensive loss, net of tax, attributable to noncontrolling interest(17)(33)(8)
Comprehensive income, net of tax, attributable to parent:15713361

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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