Investors
We are an integrated energy company, one of only a few that can deliver energy at global scale through a decades-long energy transition. Our purpose is to deliver energy to the world, today and tomorrow.
3Q 2025 results
Strong operations contributed to good earnings and cash generation in our third quarter plus significant progress upstream and improved reliability and profitability downstream
We’ve delivered another quarter of good performance across the business with operations continuing to run well. All six of the major oil and gas projects planned for 2025 are online, including four ahead of schedule. We’ve sanctioned our seventh operated production hub in the Gulf of America and have had further exploration success. We delivered record 3Q underlying earnings in customers and refining captured a better margin environment. Meanwhile, we expect full year divestment proceeds to be higher - underpinned by around $5 billion of completed or announced disposal agreements. We continue to make good progress to cut costs, strengthen our balance sheet and increase cash flow and returns. We are looking to accelerate delivery of our plans, including undertaking a thorough review of our portfolio to drive simplification and targeting further improvements in cost performance and efficiency. There is much more to do but we are moving at pace, and demonstrating that bp can and will do better for our investors.
Murray Auchincloss,chief executive officer
Murray Auchincloss,chief executive officer
bp 2025 capital markets update
bp’s capital markets update presentation took place on Wednesday 26 February. The presentation was hosted by chief executive officer, Murray Auchincloss; chief financial officer, Kate Thomson; and members of the leadership team.
Why invest in bp
Our strategy builds on bp’s distinct strengths and competitive advantages as an integrated energy company