BP Q3 Underlying Earnings, Revenue Rise

MT Newswires Live15:53

BP (BP) reported Q3 underlying replacement cost profit Friday of $3.26 per diluted American depositary share, up from $0.85 a year earlier.

Total revenue and other income for the quarter ended Sept. 30 were $69.88 billion, up from $49.25 billion a year earlier.

Analysts polled by FactSet expected $58.93 billion.

The company expects Q4 reported upstream production to be 2,090 to 2,230 million barrels of oil equivalent per day.

BP said it now expects full-year reported upstream production to be 2,210 to 2,250 mboe/d, compared with 2,312 mboe/d reported in 2025.

The outlook includes factors such as the impact of disruption in the Middle East, the divestment of the Culzean gas field in the UK North Sea and the company's reduced equity interest in Latin America, it said.

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