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  • 3 months ago
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.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02BVU reported stronger than expected Q2 2025 earnings,
00:05although revenue came in below Wall Street expectations, according to Benzinga.
00:09Energy Company reported adjusted earnings of $0.90 per share, beating the $0.67 estimate.
00:14Revenue declined to $46.63 billion, missing forecasts, but GAAP profit rose to $1.63 billion
00:19from $129 million loss last year. Oil production rose on major project ramp-ups,
00:25offsetting lower prices and higher depreciation. Gas and low carbon in consumers and products
00:29segments, each posted $1.5 billion in underlying profit, driven by strong volumes in seasonal
00:35demand. BP raised its dividend by 4% and launched a $750 million buyback.
00:41Full-year guidance was reaffirmed.
00:42For all things money, visit Benzinga.com.
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