BP PLC

BP.: XLON (GBR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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BP Earnings: Q3 Results Show Improvements Are Underway

Allen Good

Nov 4, 2025

BP's third-quarter earnings of $2.2 billion exceeded market expectations and were only slightly down from last year, as strong refining margins offset weak oil prices. Net debt held flat from the second quarter, and management increased asset sale proceeds guidance to over $4 billion for the year.

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BP PLC

BP Earnings: Q3 Results Show Improvements Are Underway

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