Giacomo Romeo's questions to BP PLC (BP) leadership • Q4 2024
Question
Giacomo Romeo of Jefferies Financial Group Inc. asked for guidance on the future trajectory of lease payments, given the recent increase in lease liabilities.
Answer
CFO Katherine Thomson stated that while Q4 was flat versus Q3, a small increase should be expected going forward. This is due to adding leased land from the Bunge acquisition and a lease extension for trading use in the U.S.