BP p.l.c. (NYSE: BP ) is a century—old giant that stands at the origins of global energy. Its journey began back in 1909 with drilling rigs in Persia, and today BP is a complex integrated structure covering the entireMy professional background spans multiple continents and includes experience in private banking, corporate finance, and strategic advisory. For several years, I developed and led a private banking department in Dubai, where I crafted tailored investment solutions to meet the unique needs of aff ...

Given the trade tensions that could lead to potential economic slowdowns, the future business environment of integrated energy companies remains uncertain. Furthermore, a deceleration in oil production growth is expected to limit earnings from the upstream activities. At the same time, the rising demand for renewable energy is adding uncertainty to the prospects of the Zacks Oil and Gas Integrated International industry, creating a bleak outlook.Among the companies in the industry that will probably survive ...

Right now, BP (NYSE: NYSE: BP ) is getting squeezed on two fronts: its Q1 earnings stumbled on weaker refining margins, and the market doesn’t quite know what to make of its strategy reset. But if you strip away the noise, what you’re leftWith over 15 years of experience in the markets and a degree in economics, I focus on breaking down companies with clarity and discipline. My goal is to give individual investors a straightforward, honest view—what’s working, what isn’t, and where the risks and opportuniti ...

Last Tuesday, BP plc (BP) reported first-quarter 2025 earnings, which missed expectations. Lower liquid price realizations and weaker refining margins resulted in the setback. However, the British energy giant discussed new upstream project launches and discoveries, leading to an improved core business outlook.Before analyzing the factors, let’s first review the first-quarter results.BP’s Q1 Earnings SnapshotBP reported first-quarter adjusted earnings of 53 cents per American Depositary Share on a replaceme ...

英国石油公司欧股下跌2%，此前券商下调其目标价。 ...

Financial Performance - In Q1 2025, BP reported a profit attributable to shareholders of $687 million, a significant recovery from a loss of $1.96 billion in Q4 2024[4]. - Underlying replacement cost (RC) profit for Q1 2025 was $1.4 billion, up from $1.2 billion in Q4 2024, but down from $2.7 billion in Q1 2024[10][17]. - Profit before taxation for Q1 2025 was $3,130 million, compared to a loss of $503 million in Q4 2024 and a profit of $4,633 million in Q1 2024[54]. - Total revenues and other income for Q1 2025 were $47,880 million, a decrease of 4.3% compared to Q1 2024's $49,961 million[54]. - Total sales and other operating revenues for the first quarter of 2025 amounted to $46,905 million, a decrease from $48,880 million in the first quarter of 2024[81]. - The profit for the period in the first quarter of 2025 was $982 million, a significant recovery from a loss of $1,620 million in the fourth quarter of 2024[112]. - Total comprehensive income for Q1 2025 was $1,896 million, compared to a loss of $2,448 million in Q4 2024[56]. - Earnings per share for Q1 2025 were $0.26 (basic and diluted), compared to a loss of $0.74 in Q4 2024[56]. Cash Flow and Capital Expenditure - Operating cash flow for Q1 2025 was $2.8 billion, a decrease of approximately $4.6 billion compared to Q4 2024, primarily due to seasonal inventory effects[12][17]. - Capital expenditure in Q1 2025 was $3.6 billion, down from $4.3 billion in Q1 2024, reflecting reduced spending on low carbon energy[17]. - BP expects 2025 capital expenditure to be around $14.5 billion and divestment proceeds of $3-4 billion for the year[9][17]. - The company issued perpetual subordinated hybrid securities of $500 million during Q1 2025 to fund BP Alternative Energy Investments Ltd[59]. - Organic capital expenditure for the first quarter of 2025 was $3,440 million, a decrease from $4,229 million in the fourth quarter of 2024 and $3,979 million in the first quarter of 2024[97]. - Inorganic capital expenditure for the first quarter of 2025 was $183 million, compared to a negative $503 million in the fourth quarter of 2024 and $299 million in the first quarter of 2024[97]. Debt and Equity - BP's net debt at the end of Q1 2025 was $27 billion, an increase from $24 billion at the end of Q1 2024, driven by lower operating cash flow[12][17]. - As of March 31, 2025, the company's net debt stood at $26,968 million, an increase from $22,997 million at December 31, 2024, and $24,015 million at March 31, 2024[92]. - Total equity decreased to $77,952 million as of March 31, 2025, compared to $78,318 million at December 31, 2024, and $84,940 million at March 31, 2024[107]. - The company's gearing ratio increased to 25.7% as of March 31, 2025, up from 22.7% at December 31, 2024, and 22.0% at March 31, 2024[92]. Production and Operational Performance - Upstream production for Q1 2025 was 2,239 mboe/d, reflecting a 5.8% decline from 2,378 mboe/d in Q1 2024[21]. - The company achieved upstream plant reliability of 95.4% and refining availability of 96.2% in Q1 2025, supporting strong operational performance[7][17]. - Reported production for gas & low carbon energy in Q1 2025 was 764 mboe/d, a 16.5% decrease from 914 mboe/d in Q1 2024[26]. - BP's upstream unit production costs for Q1 2025 were $6.34 per boe, an increase of 5.6% from $6.00 per boe in Q1 2024[21]. - The average realization for total hydrocarbons in Q1 2025 was $45.38 per boe, up 23.8% from $36.64 per boe in Q1 2024[35]. - The average realization for natural gas in Q1 2025 was $4.74 per mcf, significantly higher than $2.66 per mcf in Q1 2024, representing an increase of approximately 77.5%[41]. Dividends and Shareholder Returns - The company announced a dividend of 8 cents per ordinary share for Q1 2025, maintaining a resilient dividend policy[15][17]. - An interim dividend of 8.000 cents per ordinary share is expected to be paid on June 27, 2025, with the corresponding amount in sterling to be announced on June 10, 2025[89]. - Expectations regarding bp's shareholder returns include dividends and share buybacks, with specific amounts and timing yet to be determined[179]. Strategic Initiatives and Future Outlook - BP has made six exploration discoveries and started three major projects in 2025, indicating progress in its growth strategy[5][7]. - BP plans to sell its mobility and convenience business in Austria, targeting to close the divestment by the end of 2025[44]. - The company plans to sell its US onshore wind energy business, with a carrying amount of assets classified as held for sale at $569 million[72]. - BP is reviewing its Castrol business and plans to divest its mobility and convenience business in Austria[179]. - BP plans to exit its shareholding in Rosneft, impacting its overall global economic and business conditions[180]. - The company anticipates future project start-ups and plans related to its upstream production and low carbon energy business[179].

BP plc (BP) reported first-quarter 2025 adjusted earnings of 53 cents per American Depositary Share on a replacement-cost basis, excluding non-operating items. The figure lagged the Zacks Consensus Estimate of 56 cents. The bottom line also declined from the year-ago reported figure of 97 cents.Total quarterly revenues of $47.9 billion lagged the Zacks Consensus Estimate of $57.2 billion and declined from $49.9 billion reported a year ago.The weak quarterly results can be primarily attributed to lower liqui ...

英国石油公司CEO：关税完全不会产生实质性影响。 ...

英国石油公司计划进行7.5亿美元的股票回购。 ...

According to the collective judgment of analysts, 'Total revenues and other income- Sales and other operating revenues' should come in at $47.84 billion. The estimate indicates a year-over-year change of -2.1%. Based on the collective assessment of analysts, 'Total revenues and other income- Interest and Other Income' should arrive at $391.82 million. The estimate indicates a year-over-year change of +2.8%. In its upcoming report, BP (BP) is predicted by Wall Street analysts to post quarterly earnings of $0 ...