Investors
bp is pursuing its strategy to become an integrated energy company delivering solutions to customers
4Q 2024 results
bp’s operating cash flow for 2024 was $27.3 billion, we raised the dividend by 10% and delivered $7 billion in share buybacks – and we have announced a further $1.75 billion in buybacks
In 2024 we laid the foundations for growth. We have been reshaping our portfolio - sanctioning new major projects, and focusing our low-carbon investment - and we have made strong progress in reducing costs. Building on the actions taken in the last 12 months, we now plan to fundamentally reset our strategy and drive further improvements in performance, all in service of growing cash flow and returns. It will be a new direction for bp and we look forward to sharing it at our Capital Markets Update on 26 February.
Murray Auchincloss,chief executive officer
Murray Auchincloss,chief executive officer
bp 2025 capital markets update
bp’s capital markets update presentation will take place at 1pm GMT / 8am EST on Wednesday 26 February. The presentation will be hosted by chief executive officer, Murray Auchincloss; chief financial officer, Kate Thomson; and members of the leadership team.
Why invest in bp
We believe bp has a compelling investor proposition – one that will drive growing long-term shareholder value – and to do this we are focused on transforming from an International Oil Company (IOC) to an Integrated Energy Company (IEC) while remaining committed to performing as we transform. And we believe we can generate attractive returns in doing so.