BP (NYSE:BP) Announces Earnings Results

BP (NYSE:BP) issued its quarterly earnings data on Tuesday, February 10th. The oil and gas exploration company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.03, Briefing.com reports. BP had a return on equity of 9.68% and a net margin of 0.03%.The firm had revenue of $47.38 billion for the quarter, compared to analyst estimates of $42.19 billion. During the same period last year, the company earned $0.44 EPS. The business’s quarterly revenue was up 3.6% compared to the same quarter last year.

Here are the key takeaways from BP’s conference call:

• Strong cash generation and cost discipline — adjusted free cash flow was about $13 billion (?55% price?adjusted growth) in 2025 and BP has delivered $2.8 billion of structural cost reductions to date, with the target raised to $5.5–$6.5 billion by 2027.
• Upstream delivery and reserves rebuild — seven major projects were started (adding ~150k boe/d toward a 250k boe/d peak), 2026 production is guided at ~2.3 million boe/d excluding divestments, and organic reserve replacement rose to 90%.
• Capital allocation shifted toward balance?sheet strength — the board suspended buybacks, kept the progressive dividend (4%+ p.a.), and is prioritizing reduction of net debt (currently $22.2 billion) to a $14–$18 billion range by end?2027, supported by a $20 billion divestment program (~$11 billion completed, Castrol sale expected to underpin ~$6 billion).
• Impairments and slower pace in transition businesses — BP recognized around $4 billion of impairments (mainly in biogas, renewables and related transition assets) as it “high?grades” the portfolio and curbs growth where returns are weaker.
• Safety incidents amid mixed progress — four fatalities in U.S. retail in 2025 led to permanent changes (ending roadside assistance next to active lanes), even as combined Tier?1/2 process safety events fell by about a third year?on?year.

BP Trading Down 1.7%

NYSE BP opened at $46.20 on Thursday. BP has a 12 month low of $25.22 and a 12 month high of $48.27. The company has a current ratio of 1.26, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The stock’s fifty day moving average price is $40.36 and its 200-day moving average price is $36.89. The stock has a market cap of $121.15 billion, a P/E ratio of -4,615.88, a P/E/G ratio of 1.32 and a beta of 0.21.

BP Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, February 20th were paid a $0.4992 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Friday, February 20th. BP’s dividend payout ratio is currently -19,800.00%.

BP News Summary

Here are the key news stories impacting BP this week:

• Positive Sentiment: Zacks upgraded BP to a “Strong Buy”, which supports demand for the shares by highlighting improved earnings prospects and income/value appeal. Read More.
• Positive Sentiment: Azule Energy (the Eni–BP JV) plans to sell stakes in Angola Blocks 14 and 14K for up to $310M — a monetization that trims non-core exposure and generates cash to redeploy or return to shareholders. Read More.
• Positive Sentiment: BP completed small retail asset sales (13 Thorntons c-stores), consistent with portfolio sharpening and cash generation efforts. Read More.
• Neutral Sentiment: Meg O’Neill formally became CEO and pledged “consistency” and clearer direction — this reduces some strategy flip-flop risk but leaves execution and investor trust to be proven. Read More.
• Neutral Sentiment: Coverage notes the challenges the new CEO faces and broader governance scrutiny; management clarity may be positive long-term but creates near-term uncertainty. Read More.
• Neutral Sentiment: News about former CEO Bernard Looney taking a role at a data-center developer is unlikely to affect BP’s operations or near-term fundamentals. Read More.
• Negative Sentiment: Labor disruption risk: Indiana’s governor joined locked-out BP refinery workers on the picket line amid a contract impasse — a potential source of production disruption, higher costs, or reputational risk if escalated. Read More.
• Negative Sentiment: Despite positive analyst notes, the stock is trading lower today with heavy volume — indicative of profit-taking or risk-off by traders reacting to management transition and labor headlines. Read More.

Institutional Trading of BP

Institutional investors have recently bought and sold shares of the company. Triumph Capital Management bought a new stake in BP during the 3rd quarter valued at about $43,000. WFA of San Diego LLC bought a new position in shares of BP in the second quarter worth approximately $46,000. Ameriflex Group Inc. grew its holdings in shares of BP by 39.1% during the fourth quarter. Ameriflex Group Inc. now owns 1,808 shares of the oil and gas exploration company’s stock valued at $63,000 after buying an additional 508 shares during the last quarter. Colonial Trust Co SC increased its position in shares of BP by 52.2% during the fourth quarter. Colonial Trust Co SC now owns 2,914 shares of the oil and gas exploration company’s stock valued at $101,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Brown Brothers Harriman & Co. raised its holdings in BP by 7.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 5,738 shares of the oil and gas exploration company’s stock worth $198,000 after acquiring an additional 374 shares during the last quarter. 11.01% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

BP has been the subject of several research reports. Zacks Research upgraded shares of BP from a “hold” rating to a “strong-buy” rating in a report on Monday. Scotiabank raised shares of BP to a “strong-buy” rating in a research note on Friday, March 27th. Argus upgraded shares of BP to a “hold” rating in a research report on Tuesday, February 17th. Jefferies Financial Group restated a “hold” rating on shares of BP in a report on Thursday, January 8th. Finally, Weiss Ratings raised BP from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, March 24th. Four investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, BP has a consensus rating of “Hold” and a consensus target price of $40.18.

BP Company Profile

BP plc is a British multinational integrated energy company headquartered in London. Originating in the early 20th century as the Anglo-Persian Oil Company, BP has grown into one of the world’s largest oil and gas companies, operating across exploration and production, refining and marketing, trading, and a range of low-carbon businesses.

The company’s core activities include upstream exploration and production of crude oil and natural gas, midstream and trading operations, and downstream refining, marketing and supply of fuels, lubricants and petrochemicals.