BP Stock Recent News

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.

BP PLC (LSE:BP.) beat expectations for second-quarter earnings and unveiled a larger-than-expected dividend and a new $750 million share buyback.

BP on Tuesday posted a second-quarter underlying replacement cost profit, or adjusted net income, of $2.35 billion, beating the average $1.82 billion in a company-provided poll of analysts.

BP's second-quarter earnings come as the oil and gas company continues to try to rebuild investor confidence. The British energy company recently announced its largest oil and gas discovery in 25 years off the coast of Brazil.

Beyond analysts' top-and-bottom-line estimates for BP (BP), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2025.

British oil and gas giant BP (BP) on Monday announced that it has made its biggest oil and gas discovery in more than two decades thanks to a drilling operation off the coast of Brazil.

BP PLC (LSE:BP.) has announced its largest oil discovery in 25 years, in the Bumerangue block offshore Brazil.

BP said on Monday it has made an oil and gas discovery in Brazil's Santos basin, a so-called pre-salt area in deep water offshore which is believed to be a large reservoir of oil and gas.