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BP p.l.c.Stock · EnergyMSCI EAFE 0.6% · MSCI ACWI 0.1% · MSCI World 0.1%
$44.58-1.85%
as of market close, Sep 18, 2026
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BP p.l.c. drawdown: 44.1% below the all-time high

BP p.l.c. is 44.1% below its all-time high, set Nov 6, 2007 (as of market close, Sep 18, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.

Below all-time high
−44.1%
55.9% of ATH
All-time high
$79.7
Nov 6, 2007
Time below the high
18.9 yrs
since Nov 6, 2007
Worst-ever drawdown
−81.3%
Oct 28, 2020
Longest underwater
18.9 yrs
between all-time highs
Today's level first reached
Sep 25, 1997
29.0 yrs ago
Last time this deep
Mar 12, 1993
in a previous episode

% of all-time high since 1973#

The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.

Basis
Range
All-time high = 100%20%40%60%80%
BP close · log5.0010.0020.0050.00
19801990200020102020

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Nov 6, 2007Oct 28, 2020−81.3%13.0 yrsnot yet18.9 yrs+
Nov 20, 1980Aug 10, 1982−69.4%1.7 yrsJul 26, 199514.7 yrs
Dec 16, 1999Jan 27, 2003−43.0%3.1 yrsFeb 10, 20055.2 yrs
May 19, 1977Jul 6, 1978−35.7%14 moJan 30, 19791.7 yrs
Feb 20, 1980Mar 24, 1980−25.3%33 daysSep 23, 19807 mo
May 1, 1998Aug 31, 1998−24.4%4 moMar 17, 199911 mo
May 5, 2006Mar 5, 2007−23.1%10 moOct 26, 200718 mo
Sep 29, 1997Jan 6, 1998−18.9%3 moMar 23, 19986 mo

Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.

Drawdown vs what came next#

One dot per month since 1973: how far BP p.l.c. stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.

FAQ#

How far is BP p.l.c. from its all-time high?
BP p.l.c. is currently 44.1% below its all-time high, set Nov 6, 2007 (as of market close, Sep 18, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest BP p.l.c. drawdown ever?
The deepest decline on record in our data (since 1973) took BP p.l.c. 81.3% below its prior high, bottoming Oct 28, 2020. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from BP; no free deep history exists for BP p.l.c. — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.

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