Earnings ·
BP reports $8.5 billion underlying RC profit for Q3 2026 as net debt falls to $13.9 billion
BPPFFBP PLC
BP p.l.c. reported third-quarter 2026 underlying replacement cost (RC) profit of $8.5 billion, a significant increase from the prior quarter's $5.7 billion and year-ago period's $2.2 billion. Reported profit attributable to shareholders was $4.7 billion, adjusted for inventory holding gains of $1.6 billion and net adverse adjusting items of $5.4 billion. Operating cash flow reached $14.8 billion, enabling an $8.4 billion reduction in net debt to $13.9 billion. The company also announced a quarterly dividend of 8.66 cents per ordinary share. BP operates as a global integrated oil and gas company.