Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
BP p.l.c. (BPAQF)
OTHER OTC:BPAQF
Holding BPAQF?
Track your performance easily
Earnings Data
Report Date
Feb 11, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.08Last Year’s EPS
0.18Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 30, 2018
|% Change Since: 2.61%
|Next Earnings Date:Jul 31, 2018
Earnings Call Sentiment|Neutral
The earnings call reflects a strong operational performance with significant growth in upstream production and EV charging. However, challenges remain in trading performance and refining, particularly in Europe. While strategic progress and shareholder returns are positive, cash flow concerns pose potential risks.Company Guidance
During BP's Third Quarter 2024 Results Call, Murray Auchincloss highlighted several key metrics and strategic updates. Year-to-date, upstream production rose by approximately 3%, with liquids production increasing by 5%. Plant reliability in the upstream and refining availability were reported at over 95% and 96%, respectively. The company's EV charging business experienced an 80% year-on-year growth, reaching 1 terawatt hour of electricity sold. BP's underlying profit for the quarter was $2.3 billion, alongside a $1.75 billion share buyback and a dividend of $0.08 per ordinary share. The company has also advanced its portfolio by pausing or stopping 24 projects and progressing on new resource opportunities in Iraq, Azerbaijan, and Abu Dhabi. BP aims to achieve over $0.5 billion in cost savings by 2025, targeting at least $2 billion by the end of 2026.Strong Upstream Production
Year-to-date, upstream production increased by about 3%, with liquids production up 5%. Plant reliability was over 95% and refining availability more than 96% for the quarter.
EV Charging Business Growth
Achieved 80% year-on-year growth in the EV charging business, with a cumulative 1 terawatt hour of electrons sold globally.
Biogas Supply Expansion
Currently, 23 kbd of biogas supply is online with eight additional plants expected to commission in Q4.
Shareholder Returns
Announced a $1.75 billion share buyback and a dividend per ordinary share of $0.08.
Progress on Strategic Initiatives
Progress made on six strategic priorities, including accessing new resource opportunities in Iraq, Azerbaijan, and Abu Dhabi, and aiming for $0.5 billion in cost savings by 2025.
---
BPAQF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
BPAQF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $5.09 | $4.93 | -3.09% |
| Jul 30, 2024 | $5.67 | $5.63 | -0.69% |
| May 07, 2024 | $6.31 | $6.10 | -3.42% |
| Feb 06, 2024 | $5.52 | $5.66 | +2.57% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does BP p.l.c. (BPAQF) report earnings?
BP p.l.c. (BPAQF) is schdueled to report earning on Feb 11, 2025, TBA Not Confirmed.
What is BP p.l.c. (BPAQF) earnings time?
BP p.l.c. (BPAQF) earnings time is at Feb 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BPAQF EPS forecast?
BPAQF EPS forecast for the fiscal quarter 2024 (Q4) is 0.08.
---
