BP p.l.c. drawdown: 42.8% below the all-time high (price)
BP p.l.c. is 42.8% below its all-time high, set Nov 6, 2007 (as of market close, Nov 4, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. 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
- −42.8%
- 57.2% of ATH
- All-time high
- $79.7
- Nov 6, 2007
- Time below the high
- 19.0 yrs
- since Nov 6, 2007
- Worst-ever drawdown
- −81.3%
- Oct 28, 2020
- Longest underwater
- 19.0 yrs
- between all-time highs
- Today's level first reached
- Sep 26, 1997
- 29.1 yrs ago
- Last time this deep
- Jan 27, 2003
- in a previous episode
% of all-time high since 1977: price#
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.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Nov 6, 2007 | Oct 28, 2020 | −81.3% | 13.0 yrs | not yet | 19.0 yrs+ |
| Nov 20, 1980 | Aug 10, 1982 | −69.4% | 1.7 yrs | Jul 26, 1995 | 14.7 yrs |
| Dec 16, 1999 | Jan 27, 2003 | −43.0% | 3.1 yrs | Feb 10, 2005 | 5.2 yrs |
| May 19, 1977 | Jul 6, 1978 | −35.7% | 14 mo | Jan 30, 1979 | 1.7 yrs |
| Feb 20, 1980 | Mar 24, 1980 | −25.3% | 33 days | Sep 23, 1980 | 7 mo |
| May 1, 1998 | Aug 31, 1998 | −24.4% | 4 mo | Mar 17, 1999 | 11 mo |
| May 5, 2006 | Mar 5, 2007 | −23.1% | 10 mo | Oct 26, 2007 | 18 mo |
| Sep 29, 1997 | Jan 6, 1998 | −18.9% | 3 mo | Mar 23, 1998 | 6 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 1977: how far BP p.l.c. stood below its all-time high, and the total return over the following 1, 5 and 10 years.
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 42.8% below its all-time high, set Nov 6, 2007 (as of market close, Nov 4, 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 1977) 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 1977 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.