BP Stock News

BP's renewed focus on oil growth, upstream project execution, and cost discipline is winning back investor confidence and driving outperformance vs. peers. Strategic divestments in renewables and downstream, alongside major new oil discoveries, reinforce the company's pivot back to its core oil business. Operational reliability and cost-cutting should help BP deliver its plan of free cash flow ...

After a good few years of disappointment languishing in the shadows of Big Oil rivals, executive departures, costly renewables forays, rumors of a takeover and an activist investor on its back, BP (LON: BP) has finally signalled to the market and its investors that a change might be on the horizon, backed up an improved quarterly performance.

BP's announcement on Monday of its largest global oil and gas discovery in 25 years in Brazil's offshore Santos basin bodes well for Equinor's nearby interests and strong appetite for an October auction of oil blocks in the region.

BP p.l.c. (NYSE:BP ) Q2 2025 Earnings Conference Call August 5, 2025 8:00 AM ET Company Participants Craig Marshall - Group Head of Investor Relations Emeka Emembolu - Executive Vice President of Technology Gordon Birrell - Executive Vice President of Production & Operations Katherine Anne Thomson - CFO & Director Murray Auchincloss - CEO & Director Conference Call Participants Biraj Borkhatari...

Investors shouldn't overlook BP PLC (LSE:BP.) Bumerangue discovery in Brazil, not according to analysts at Citi.

BP has signalled an accelerated effort to bring down costs ahead, refusing to rule out further job losses as artificial intelligence (AI) technology helps drive efficiencies.

BP PLC (LSE:BP.) shares rose over 2% to a four-month high after the company beat quarterly profit expectations, ruled out a listing move to the US and said it plans to go further on reshaping the company.

BP on Tuesday reported a stronger-than-expected second-quarter profit of $2.35 billion, exceeding analysts' projections and highlighting a return to form amid ongoing global energy price volatility. The figure, based on BP's preferred measure of underlying replacement cost profit, topped the $1.81 billion consensus forecast compiled by LSEG and marked a sharp recovery from the $1.