29 October 2024
Resilient operations supported delivery of an underlying profit of $2.3bn and a further $1.75bn share buyback announcement as bp continues to drive focus and efficiencies into the business
30 July 2024
In the second quarter we generated strong operating cash flows, reduced net debt, increased the dividend and extended our commitment to buybacks
7 May 2024
bp has delivered another resilient quarter financially, and plans to deliver at least $2 billion of cash cost savings by the end of 2026
Detailed disclosure of our performance in 2023
6 February 2024
bp delivered strong underlying financial performance in 2023, raising the dividend by 10% and buying back $7.9 billion of shares, with net debt falling to its lowest level over the past decade.
31 October 2023
Disciplined execution through the quarter contributed to production growth, a reduction in net debt and robust operating cash flow – supporting our commitment to deliver long-term value to shareholders
1 August 2023
Our resilient performance, strategic progress and outlook for cash flow is reflected in a quarterly dividend increase of 10% and a further $1.5 billion share buyback
2 May 2023
Momentum continues to build as we deliver another quarter of resilient earnings, growing returns for investors, and disciplined investment in our integrated energy company strategy
Detailed disclosure of our performance in 2022
7 February 2023
During 2022 bp delivered four quarters of robust underlying financial performance and strategic progress - strengthening the balance sheet, investing with discipline, and growing distributions to shareholders
1 November 2022
In another quarter of disciplined execution, bp made further reductions in net debt, accelerated progress on its transformation strategy and delivered on its commitment to shareholder distributions
17 October 2022
bp's chief executive officer, Bernard Looney, chief financial officer, Murray Auchincloss and EVP trading & shipping, Carol Howle hosted a webcast on Monday 17 October to discuss bp's agreement to buy leading US RNG company Archaea Energy
2 August 2022
Against a backdrop of continued volatility in energy markets, our results show disciplined delivery continuing, with net debt falling for the ninth quarter in a row and a further $3.5 billion share buyback announced
Against a backdrop of volatility in energy markets, our results show our disciplined delivery continues, with net debt falling for the eighth quarter in a row and a further $2.5 billion share buyback announced
Detailed disclosure of our performance in 2021
8 February 2022
Our results for the full year show we’re doing what we said we would – performing while transforming to an integrated energy company - strengthening the balance sheet, growing returns and investing for the future
2 November 2021
Solid business performance amid improving conditions generated strong earnings and cash flow, allowing us to strengthen our finances, grow distributions to shareholders and invest in our strategic transformation
2 August 2021
Strong business performance and continued net debt reduction in an improving environment, enabling us to increase our resilient dividend by 4% per ordinary share for the second quarter and in addition, start a buyback of $1.4 billion from first half surplus cash flow
27 April 2021
Strong business performance this quarter has enabled us to meet our $35 billion net debt target early and move to a phase of share buy backs
Detailed disclosure of our performance in 2020
2 February 2021
In a tough year for the world and for bp, we continued to operate safely and reliably while reducing costs, completing major divestments and making strong strategic progress
27 October 2020
14 September 2020
Over three afternoons on 14-16 September, chief executive officer Bernard Looney and members of his leadership team offered further insight into bp’s new strategy, which was launched on 4 August. bp week also included the launch of this year's Energy Outlook, hosted by group chief economist Spencer Dale.
4 August 2020
28 April 2020
Detailed disclosure of our performance in 2019
4 February 2020
29 October 2019
30 July 2020
30 April 2019
Detailed disclosure of our performance in 2018
Detailed disclosure of our performance in 2017
Detailed disclosure of our performance in 2016
Detailed disclosure of our performance in 2015
The strategic report contains the information a shareholder should need to understand bp's business model, strategy and performance
Detailed disclosure of our performance in 2014
The strategic report contains the information a shareholder should need to understand bp's business model, strategy and performance
Detailed disclosure of our performance in 2013
The strategic report contains the information a shareholder should need to understand bp's business model, strategy and performance
Detailed disclosure of our performance in 2012
bp's annual summary of the group's strategy and performance
Detailed disclosure of our performance in 2011
bp's annual summary of the group's strategy and performance
Detailed disclosure of our performance in 2010
bp's annual summary of the group's strategy and performance
Detailed disclosure of our financial performance
bp's annual summary of the group's strategy and performance
Detailed disclosure of our financial performance
bp's annual summary of the group's strategy and performance
Detailed disclosure of our financial performance
bp's annual summary of the group's strategy and performance