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BP PLC (GB:BP.B)
LSE:BP.B
Earnings Data
Report Date
Apr 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 11, 2025
|% Change Since: 4.35%
|Next Earnings Date:Apr 29, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted BP's strategic progress and solid upstream production with increased dividends and share buybacks, while facing challenges in refining, biofuels, and trucking sectors. The sentiment is balanced with both positive achievements and notable challenges.Company Guidance
In BP's Fourth Quarter and Full Year Results Call for fiscal year 2024, several key metrics and strategic moves were discussed. The company achieved upstream production of approximately 2.36 million barrels per day, showing a 2% increase, with plant reliability surpassing 95%. Despite challenges in refining due to a widening outage in the first quarter and a tough margin environment, BP managed to grow its dividend per share by 10% and announced $7 billion in share buybacks. Its trading business maintained a 4% uplift to group ROACE over five years, despite reduced volatility. The company also highlighted strategic portfolio reshaping actions, including 10 new FIDs, divestments in Trinidad, and the formation of a joint venture, JERA Nex bp. Additionally, BP acquired full ownership of bp bioenergy and Lightsource bp, and announced intentions to sell the Gelsenkirchen refinery, setting the stage for a comprehensive strategy update at the upcoming Capital Markets event.Strategic Progress and Portfolio Reshape
BP made significant strategic progress in 2024 by reshaping its portfolio, including 10 new FIDs such as Cascadia and Tangguh, new access to markets in Iraq and India, divesting tail assets in Trinidad, and forming a joint venture, JERA Nex bp.
Upstream Production and Reliability
Upstream production was around 2.36 million barrels per day, up 2% in 2024 with plant reliability above 95%.
Dividend and Share Buybacks
BP grew its dividend per share by 10% and announced $7 billion of share buybacks, including a $1.75 billion buyback announced on the call.
Archaea Energy Expansion
Archaea Energy progressed with 12 new plants established in 2024, contributing to earnings into 2025.
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GB:BP.B Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:BP.B Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 11, 2025 | 149.50p | 149.50p | 0.00% |
| Oct 29, 2024 | 152.91p | 156.31p | +2.22% |
| Jul 30, 2024 | 150.97p | 150.97p | 0.00% |
| May 07, 2024 | 141.44p | 141.44p | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does BP PLC (GB:BP.B) report earnings?
BP PLC (GB:BP.B) is schdueled to report earning on Apr 29, 2025, TBA Not Confirmed.
What is BP PLC (GB:BP.B) earnings time?
BP PLC (GB:BP.B) earnings time is at Apr 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of BP PLC stock?
The P/E ratio of BP plc is N/A.
What is GB:BP.B EPS forecast?
Currently, no data Available
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