BP (BP) Set to Announce Quarterly Earnings on Friday

BP (NYSE:BP) is projected to post its Q3 2026 results before the market opens on Friday, October 30th. Analysts expect BP to post earnings of $2.66 per share and revenue of $63.14 billion for the quarter. Investors may visit the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Friday, October 30, 2026 at 3:00 AM ET.

BP (NYSE:BP) last released its quarterly earnings results on Monday, August 3rd. The oil and gas exploration company reported $2.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $0.35. The company had revenue of $69.11 billion during the quarter, compared to the consensus estimate of $57.89 billion. During the same period in the previous year, the company earned $0.90 earnings per share. BP’s quarterly revenue was up 106.1% on a year-over-year basis. On average, analysts expect BP to post $8.08 EPS for the current fiscal year and $6.12 EPS for the next fiscal year.

BP Stock Performance

BP stock opened at $48.91 on Wednesday. BP has a fifty-two week low of $33.22 and a fifty-two week high of $51.49. The business’s 50 day moving average price is $45.60 and its two-hundred day moving average price is $42.66. The company has a market capitalization of $128.13 billion, a price-to-earnings ratio of 23.86 and a beta of 0.20.

BP Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Friday, August 14th were given a dividend of $0.5196 per share. This is a boost from BP’s previous quarterly dividend of $0.4992. This represents a $2.08 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Friday, August 14th. BP’s dividend payout ratio is presently 100.00%.

Wall Street Analyst Weigh In

BP has been the topic of several recent research reports. Piper Sandler upped their price target on BP from $43.00 to $46.00 and gave the stock a “neutral” rating in a research note on Thursday, September 3rd. Weiss Ratings raised BP from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 22nd. BTIG Research cut shares of BP to a “neutral” rating in a report on Thursday, October 1st. Evercore raised shares of BP to an “outperform” rating in a research report on Monday, October 5th. Finally, Wall Street Zen upgraded shares of BP from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $49.44.

Trending Headlines about BP

Here are the key news stories impacting BP this week:

• Positive Sentiment: Deepwater Horizon legal overhang reduced: BP reached an agreement with Louisiana and state leaders to resolve outstanding coastal lawsuits related to the 2010 spill. The settlement removes litigation uncertainty, although the financial payout could weigh on cash flow. BP and Louisiana resolve outstanding Deepwater Horizon lawsuits
• Positive Sentiment: Higher earnings expectations: Erste Group raised its fiscal 2027 BP earnings-per-share forecast to $5.16 from $5.04, signaling improving expectations for the oil major. BP is also being highlighted as a low-forward-P/E energy stock, though investors remain uncertain about how long elevated oil earnings will last. Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
• Neutral Sentiment: Upcoming earnings could be decisive: Analysts are watching whether increased production and record refining margins can offset impairment charges. A Zacks earnings-surprise screen points to potential volatility around the October 30 report, but it does not guarantee a beat. BP Write-Downs and Production Surge Ahead of Earnings
• Negative Sentiment: Potential impairments are the primary concern: BP has indicated $3.0 billion to $4.5 billion in write-downs, which could reduce reported earnings and raise questions about asset values and balance-sheet discipline. BP Write-Downs and Production Surge Ahead of Earnings
• Negative Sentiment: Whiting refinery labor dispute continues: A lockout at BP’s Whiting refinery has reached 221 days, maintaining operational and employee-relations risk. Short interest also rose 61.8% in October, indicating increased bearish positioning, although short interest remains only 0.3% of shares outstanding.

About BP

BP p.l.c. is a global integrated energy company headquartered in London, United Kingdom. Its operations span the exploration, development and production of oil and natural gas, as well as the processing, refining, transportation and marketing of energy products.

Through its businesses, BP supplies fuels for road transportation, aviation and marine use, along with lubricants marketed under the Castrol brand. The company also operates retail fuel and convenience locations and provides energy products and services to commercial and industrial customers.

BP has expanded its activities beyond traditional hydrocarbons to include lower-carbon businesses such as renewable power, bioenergy, electric-vehicle charging and hydrogen.