BP (BP/ LN) Q3 2026 (USD): Revenue 69.9bln (exp. 66.2bln), Adj. Net Income 8.46bln (exp. 7.26bln), Operating Cash Flow 14.83bln (exp. 13.32bln), Net Debt 13.9bln (exp. 14.3bln)
ORIGINAL · NewsquawkBP (BP/ LN) Q3 2026 (USD): Revenue 69.9bln (exp. 66.2bln), Adj. Net Income 8.46bln (exp. 7.26bln), Operating Cash Flow 14.83bln (exp. 13.32bln), Net Debt 13.9bln (exp. 14.3bln)Read originalHide original
Guidance: Expects Q4 upstream production of 2.09-2.23mln BOEPD, reflecting continued Middle East disruptions, activity phasing at bpx energy, seasonally lower gas demand and a c. 20k boe/d impact from Gulf of America weather, partially offset by recovery from outages. FY26 upstream production now expected at 2.21-2.25mln BOEPD, reflecting Middle East disruptions, the Culzean gas field divestment and reduced Latin American equity interests. CEO: "Our intent is now to prioritize the use of excess cashflow to address our remaining Deepwater Horizon liabilities in full."
BP’s update reported Q3 results against expectations, Q4 and FY26 upstream production guidance with stated factors, and the CEO’s intent regarding Deepwater Horizon liabilities.
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Guidance: Expects Q4 upstream production of 2.09-2.23mln BOEPD, reflecting continued Middle East disruptions, activity phasing at bpx energy, seasonally lower gas demand and a c. 20k boe/d impact from Gulf of America weather, partially offset by recovery from outages. FY26 upstream production now expected at 2.21-2.25mln BOEPD, reflecting Middle East disruptions, the Culzean gas field divestment and reduced Latin American equity interests. CEO: "Our intent is now to prioritize the use of excess cashflow to address our remaining Deepwater Horizon liabilities in full."
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