BP Maintains Outlook, Hikes Dividend And Rolls Out $750 Million Share Buyback

BP reported stronger-than-expected Q2 2025 earnings, although revenue came in below Wall Street expectations, according to Benzinga. The energy company reported adjusted earnings of 90 cents per share, beating the 67-cent estimate. Revenue declined to $46.63 billion, missing forecasts, but GAAP profit rose to $1.63 billion from a $129 million loss last year. Oil production rose on major project ramp-ups, offsetting lower prices and higher depreciation. Gas & Low Carbon and Customers & Products segments each posted $1.5 billion in underlying profit, driven by strong volumes and seasonal demand. BP raised its dividend by 4% and launched a $750 million buyback. Full-year guidance was reaffirmed.