The earnings call highlighted strong operational performance and significant financial achievements, including record performance in several segments. However, challenges in specific areas like TravelCenters of America and impairments were noted. The overall sentiment is positive due to the outweighing strengths in exploration, cost reductions, and financial returns.

Company Guidance

In the second quarter of 2025, BP's operational and strategic performance was robust, with a focus on both upstream and downstream sectors achieving reliability greater than 96%. The company brought five new oil and gas projects online, sanctioned four more, and made ten exploration discoveries, including a significant one in Brazil's Bumerangue Block. Underlying earnings in the customer business increased by approximately 50% year-over-year, and trading remained strong despite challenging conditions. BP reported $3 billion in expected proceeds from divestments for the year and achieved $1.7 billion in structural cost reductions since early 2024. Additionally, the dividend per ordinary share was raised by 4% to $0.0832, and a $750 million share buyback was announced for the quarter, as part of a 12-quarter plan to maximize long-term shareholder value.

Strong Operational Performance

BP reported reliability across upstream and downstream operations greater than 96%, with five new oil and gas projects brought online, four more sanctioned, and 10 exploration discoveries, marking the best year for discoveries in recent memory.

Significant Financial Achievements

Underlying earnings in the customers' business increased by approximately 50% year-over-year. BP announced a dividend per ordinary share of $0.0832, an increase of 4%, and a further $750 million share buyback for the second quarter.

Record Performance in Convenience and Mobility

The second quarter in M&C (Marketing and Customers) was the best on record since 2012, with a strong performance in capturing customers and margins, driving costs out, and achieving record profitability across multiple segments.

Exploration Success in Brazil and Namibia

BP made a significant discovery in the Bumerangue Block in Brazil and another in Namibia, part of 10 commercial discoveries, making it the best year in a decade.

Cost Reduction Progress

BP delivered around $1.7 billion of structural cost reductions since early 2024, with further savings expected through ongoing initiatives in technology, supply chain, and data management.

BP p.l.c. (GB:BP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:BP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 04, 2025	2025 (Q3)	0.09 / -	0.103	―	―	―
Aug 05, 2025	2025 (Q2)	0.11 / 0.11	0.123	-9.64% (-0.01)	―	―
Apr 29, 2025	2025 (Q1)	0.07 / 0.07	0.12	-45.68% (-0.05)	―	―
Feb 11, 2025	2024 (Q4)	0.06 / 0.05	0.132	-58.43% (-0.08)	―	―
Oct 29, 2024	2024 (Q3)	0.10 / 0.10	0.141	-27.23% (-0.04)	―	―
Jul 30, 2024	2024 (Q2)	0.11 / 0.12	0.11	12.16% (+0.01)	―	―
May 07, 2024	2024 (Q1)	0.13 / 0.12	0.205	-41.52% (-0.09)	―	―
Feb 06, 2024	2023 (Q4)	0.12 / 0.13	0.195	-32.58% (-0.06)	―	―
Oct 31, 2023	2023 (Q3)	0.17 / 0.14	0.32	-55.79% (-0.18)	―	―
Aug 01, 2023	2023 (Q2)	0.14 / 0.11	0.323	-66.06% (-0.21)	―	―

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

GB:BP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	400.09p	411.32p	+2.81%
Apr 29, 2025	351.17p	342.63p	-2.43%
Feb 11, 2025	445.21p	442.44p	-0.62%
Oct 29, 2024	375.77p	357.08p	-4.97%

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.