BP PLC

BP

Equity

ISIN null / Valor 987952

CTA NASDAQ OMX Stock Exchange (2026-09-10)

USD 46.08+0.88%

BP PLC
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About company

BP plc is a London-headquartered integrated oil and gas company that explores for and produces crude oil and natural gas, transports and trades hydrocarbons, refines and processes them into fuels and petrochemicals, and sells those products through wholesale channels and a global network of service stations and lubricant brands such as Castrol. Its activities span upstream exploration and production (including offshore developments), midstream assets and LNG logistics, downstream refining and chemicals manufacturing, and commodity trading and shipping, with operations and commercial interests across many countries and international markets.

Summarized from source with an LLMView SourceSector: Energy

Key financials

Underlying replacement cost profit: $5.7bn (up $2.5bn q/q). Operating cash flow: $10.9bn after a $1.0bn working capital build.

Balance sheet progress

Reduced the total of net debt, hybrids, leases and Gulf of America settlement liabilities by more than 11% versus the prior quarter, with management signaling more action to strengthen financial resilience.

Portfolio simplification

Announced disposals and intentions to sell assets including the Gelsenkirchen refinery, Austria retail business, the UK North Sea business, and intention to sell Archaea (US biogas), plus prior decisions like cancelling Bay du Nord to free capital.

Operational performance

Upstream plant reliability fell to 92.4% from 95.7% last quarter; production and refinery crude processing were lower, attributed to planned maintenance and regional disruptions from the Middle East conflict.

Five priorities to lift performance

Management’s priorities: strengthen the balance sheet; simplify the portfolio based on value; invest with greater discipline; drive operational excellence; and hardwire high‑performance and accountability across the business.

Outlook and management focus

CEO Meg O’Neill emphasized urgency on execution—“focus, perform, grow”—and committed to transparency on progress, with the company aiming for faster decision‑making, cost discipline and improved operational consistency to grow long‑term shareholder value.

Summarized from source with an LLMView Source

Key figures

32.6%1Y

19.1%3Y

88.1%5Y

Performance

28.7%1Y

27.0%3Y

29.1%5Y

Volatility