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Stronger financial performance: 2Q 2026 underlying RC profit $5.7 billion, $2.5 billion higher than the prior quarter reflecting the strength of bp’s <a href="https://bitcomme.com/bolder-digital-launches-integrated-ai-and-digital-marketing-services-for-australian-businesses/” title=”Bolder Digital Launches Integrated AI and Digital Marketing Services for Australian Businesses”>integrated operational model; operating cash flow $10.9 billion after taking into account a $1.0 billion adjusted working capital* build(C).
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Operating performance: 2Q 2026 upstream plant reliability 92.4% (1Q 2026 95.7%); reported production 2.2mmboe/d (1Q 2026 2.3mmboe/d); refining availability 94.7% (1Q 2026 96.3%); refining throughput 1,467mb/d (1Q 2026 1,527mb/d).
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Strategic progress on portfolio and balance sheet: Reached an agreement to sell Austrian retail business; agreed terms to bring partners into Kirkuk; completed the sale of Gelsenkirchen refinery, launched processes to market our North Sea business and Archaea Energy; the total of net debt, hybrid bonds and securities, leases and Gulf of America settlement liabilities reduced by $6.9 billion.
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Shareholder returns: 2Q 2026 dividend per ordinary share of 8.66 cents, 4% increase.
Financial summary
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Profit for the period attributable to bp shareholders |
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Inventory holding (gains) losses*, net of tax |
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Net adverse impact of adjusting items*, net of tax |
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Divestment and other proceeds(a) |
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Underlying operating expenditure* |
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Announced dividend per ordinary share (cents per share) |
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Underlying RC profit per ordinary share* (cents) |
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Underlying RC profit per ADS* (dollars) |
