BP (BP) Projected to Release Quarterly Earnings on Friday

Key Points

• BP is expected to report Q3 2026 results before the market opens on October 30. Analysts forecast earnings of $2.57 per share on revenue of $63.14 billion, compared with BP’s prior-quarter results of $2.22 EPS and $69.11 billion in revenue.
• BP increased its quarterly dividend to $0.5196 per share, equivalent to an annualized $2.08 dividend and a 4.2% yield, although its payout ratio is approximately 100.5%.
• Analyst sentiment is generally positive, with BP carrying a “Moderate Buy” consensus rating and a $49.44 average price target. However, concerns remain over its weaker balance sheet, lagging performance versus ExxonMobil, declining North Sea production and ongoing environmental risks.

BP (NYSE:BP - Get Free Report) will likely be releasing its Q3 2026 results before the market opens on Friday, October 30th. Analysts expect BP to post earnings of $2.57 per share and revenue of $63.14 billion for the quarter. Parties can check the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Friday, October 30, 2026 at 3:00 AM ET.

BP (NYSE:BP - Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The oil and gas exploration company reported $2.22 EPS for the quarter, beating analysts' consensus estimates of $1.87 by $0.35. The company had revenue of $69.11 billion during the quarter, compared to analysts' expectations of $57.89 billion. BP had a return on equity of 16.63% and a net margin of 2.49%. BP's revenue for the quarter was up 106.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.90 earnings per share. On average, analysts expect BP to post $8.08 EPS for the current fiscal year and $5.97 EPS for the next fiscal year.

BP Trading Up 0.4%

BP stock opened at $50.07 on Friday. BP has a 52-week low of $33.22 and a 52-week high of $50.42. The company has a market cap of $131.16 billion, a P/E ratio of 10.15, a P/E/G ratio of 0.45 and a beta of 0.20. The company has a quick ratio of 0.95, a current ratio of 1.27 and a debt-to-equity ratio of 0.69. The business has a 50-day simple moving average of $45.17 and a two-hundred day simple moving average of $43.68.

BP Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Friday, August 14th were issued a $0.5196 dividend. The ex-dividend date of this dividend 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 dividend yield of 4.2%. BP's payout ratio is 100.49%.

Analyst Ratings Changes

Several brokerages recently issued reports on BP. JPMorgan Chase & Co. upgraded shares of BP from a "neutral" rating to an "overweight" rating in a research report on Wednesday, September 23rd. Weiss Ratings upgraded shares of BP from a "hold (c-)" rating to a "hold (c)" rating in a research note on Wednesday, August 5th. Wall Street Zen upgraded shares of BP from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 18th. Citigroup began coverage on shares of BP in a research report on Thursday, October 1st. They set a "buy" rating for the company. Finally, Piper Sandler upped their price objective on BP from $43.00 to $46.00 and gave the stock a "neutral" rating in a research note on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, BP presently has an average 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: BP expanded its relationship with TechnipFMC through a memorandum of understanding covering standardized high-pressure 20K subsea systems for future deepwater projects in the U.S. Gulf of Mexico. The agreement builds on the Kaskida and Tiber developments and could support BP’s long-term production pipeline, although it does not represent booked revenue. TechnipFMC Signs MoU With BP to Support Deepwater Oil Projects
• Positive Sentiment: Analyst commentary highlights BP’s comparatively low valuation versus ExxonMobil, potentially offering value for investors if BP improves execution, cash generation, and shareholder returns. BP’s recent earnings also exceeded expectations, with quarterly revenue more than doubling year over year.
• Positive Sentiment: BP was included in Zacks’ Rank #1, or “Strong Buy,” growth-stock list. This may improve investor sentiment, though rankings can change quickly and are not a guarantee of future performance. Best Growth Stocks to Buy for October 21st
• Neutral Sentiment: BP attracted unusually high online investor attention, indicating increased market interest but providing no direct change to the company’s fundamentals. Investors Heavily Search BP p.l.c. (BP): Here is What You Need to Know
• Negative Sentiment: Comparisons with ExxonMobil note that BP has lagged in stock performance and has a weaker balance-sheet profile, which may limit investor enthusiasm despite its cheaper valuation. XOM vs. BP: Which Integrated Energy Giant Has the Edge?
• Negative Sentiment: BP’s withdrawal from parts of the U.K. North Sea reflects declining production and a tax rate reportedly reaching 78%, underscoring the pressure on mature assets and the potential for weaker regional returns. As BP Leaves the North Sea, These Independents Are Buying In
• Negative Sentiment: Reporting that marine life has not fully recovered from the Deepwater Horizon disaster keeps environmental and reputational risks associated with BP in focus, although the report does not indicate a new financial charge or liability.

BP Company Profile

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.

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