BP (BP) Projected to Post Earnings on Friday

BP (NYSE:BP) is expected to be releasing its Q3 2026 results before the market opens on Friday, October 30th. Analysts expect the company to announce earnings of $2.66 per share and revenue of $63.14 billion for the quarter. Interested persons can check the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Friday, October 30, 2026 at 3:00 AM ET.

BP (NYSE:BP) last announced its quarterly earnings data on Monday, August 3rd. The oil and gas exploration company reported $2.22 EPS for the quarter, topping the consensus estimate 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. BP had a net margin of 2.49% and a return on equity of 16.63%. The company’s quarterly revenue was up 106.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.90 EPS. 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

NYSE:BP opened at $49.80 on Thursday. The company has a quick ratio of 0.95, a current ratio of 1.27 and a debt-to-equity ratio of 0.69. BP has a twelve month low of $33.22 and a twelve month high of $51.49. The company has a fifty day moving average of $45.73 and a 200-day moving average of $42.74. The firm has a market capitalization of $130.45 billion, a P/E ratio of 24.29, a P/E/G ratio of 0.47 and a beta of 0.20.

BP Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Friday, August 14th were issued a $0.5196 dividend. The ex-dividend date was Friday, August 14th. This is a positive change from BP’s previous quarterly dividend of $0.4992. This represents a $2.08 dividend on an annualized basis and a yield of 4.2%. BP’s dividend payout ratio is 100.00%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on BP shares. Evercore raised shares of BP to an “outperform” rating in a research note on Monday, October 5th. Piper Sandler increased their price objective on shares of BP from $43.00 to $46.00 and gave the stock a “neutral” rating in a research report on Thursday, September 3rd. HSBC upgraded BP from a “hold” rating to a “buy” rating and raised their target price for the company from $46.00 to $51.30 in a research note on Friday, September 25th. Weiss Ratings raised BP from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 22nd. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of BP in a research note on Friday, September 4th. One 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 given a Sell rating to the company. According to MarketBeat.com, BP has a consensus rating of “Moderate Buy” and a consensus price target of $49.44.

BP News Roundup

Here are the key news stories impacting BP this week:

• Positive Sentiment: Q3 earnings expectations are favorable: BP is scheduled to report results on October 30, with estimates calling for approximately $69.36 billion in revenue, up 40.8% year over year. Analysts expect higher crude prices to support a substantial profit increase, and Erste Group raised its FY2026 EPS forecast to $8.16 from $7.38. BP Earnings Preview: Q3 2026 BP Q3 Earnings Outlook
• Positive Sentiment: Brazil exploration shows hydrocarbons: BP detected hydrocarbon indications at a Brazil pre-salt well, offering potential longer-term resource upside. The result is preliminary and does not yet establish commercial reserves. BP detects hydrocarbon shows at Brazil pre-salt well
• Positive Sentiment: Venezuela gas appraisal advances: BP began a second exploration phase at the Loran offshore gas field, potentially improving estimates of recoverable gas and future development options. BP starts second phase of Loran gas field exploration
• Neutral Sentiment: Deepwater Horizon settlement removes uncertainty: BP agreed to pay Louisiana about $350 million to resolve remaining economic-damage claims. The payment is a near-term cash cost, but ending the litigation may reduce future legal uncertainty. BP settles Louisiana claims
• Negative Sentiment: Production remains a concern: Q3 upstream output is expected to average 2.21 million barrels of oil equivalent per day, down 6.5% from last year. BP’s Whiting refinery also remains affected by a prolonged worker lockout, creating operational and labor risks. BP Q3 production outlook BP Whiting refinery lockout

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.