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BP p.l.c. (BP) Stock: Price, Forecast & Analyst Target

BP p.l.c. (BP) — MoonshotScore 80/100 (Exceptional band), calculated Oct 6, 2026. Price $44.62 (-0.38%), as of the Oct 6, 2026 trading session; market cap $115B.

Educational signal · not a buy or sell recommendation · How to read this

$44.62 −$0.17 (-0.38%) Market Cap $115B

BP p.l.c. · BP · NYSE · Energy · Oil & Gas Integrated

Research dated 2026-09-12: BP is an integrated energy business spanning crude oil and natural gas production, refining, trading, power, fuel retail, convenience stores, aviation, Castrol lubricants, electric charging and lower-carbon projects. The case now rests on whether stronger operating results and divestment cash can reduce financial obligations without weakening the assets that generate cash.

Price as of Oct 6, 2026

Key Statistics

80 of 100

MoonshotScore v2 · BP (BP)

Exceptional
Business Quality Average (54)
Financial Safety Fortress (85)
Valuation Cheap (95)
Growth Durability Growing (64)
Momentum Rising (73)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

A strong balance sheet, at a dirt-cheap price, though quality is only middling; the market is already moving on it. Business Quality: Average; Financial Safety: Fortress; Valuation: Cheap; Growth Durability: Growing; Momentum: Rising.

  • quarterly revenue $70.11B (Q2 FY2026, quarter ended Jun 2026)
  • EPS beat 6 of 8
  • Altman Z 1.41 · Piotroski F 9

Helping: balance-sheet strength, an attractive price, positive momentum

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for BP (30 recorded, newest six shown)
RecordedScoreBand
80Exceptional
81Exceptional
81Exceptional
81Exceptional
81Exceptional
80Exceptional

The score was 80 in the stored Oct 5, 2026 snapshot and remains 80 in the current publication computed Oct 6, 2026 (0); the largest pillar moves were Momentum -2; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged. This current publication is not yet represented in the immutable snapshot archive.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$44.62
Change on the day-0.38%
52-week range$32.72–$48.27
Market capitalisation$115B
Price / earnings (trailing)21.51
Beta (volatility vs the S&P 500)-0.21

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 6, 2026: low $33, high $47, latest $45. $47 $33 high $47 Sep 5, 2025 Oct 6, 2026 · $45 $34Sep 5, 2025$34Sep 19, 2025$34Oct 3, 2025$33Oct 17, 2025$35Oct 31, 2025$37Nov 14, 2025$36Nov 28, 2025$35Dec 12, 2025$34Dec 26, 2025$34Jan 9, 2026$37Jan 23, 2026$39Feb 6, 2026$38Feb 20, 2026$40Mar 6, 2026$45Mar 20, 2026$47Apr 2, 2026$45Apr 17, 2026$46May 1, 2026$44May 15, 2026$42May 29, 2026$43Jun 12, 2026$37Jun 26, 2026$39Jul 10, 2026$44Jul 24, 2026$42Aug 7, 2026$45Aug 21, 2026$44Sep 4, 2026$45Sep 18, 2026$45Oct 2, 2026

Point at or tab to any week for its close.

Other perspectives

Council score for BP (BP): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

5-Factor Breakdown

Growth Durability Moderate
Momentum Moderate
Business Quality Neutral
Financial Safety Strong
Valuation Strong

Legends Council

5 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Favorable read
Englander-style lens (simulated) Izzy Englander Unfavorable read
Klarman-style lens (simulated) Seth Klarman Favorable read
Moon AI lens (model) Neutral read

Read on: Oct 2, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Neutral
Margin of Safety Fairly Valued
Profit Margin Weak
Revenue Growth Weak
Debt/Equity Negative
ROE Neutral
Gross Margin Weak

Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 9, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.

Readings on this page are from Oct 6, 2026, except a card that shows its own read date.

Watch the BP film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is BP (BP), and what does it report?

Short answer · as of

BP does not merely extract and sell hydrocarbons. It produces oil and gas, converts and trades energy, sells fuel and convenience goods to motorists, supplies aviation and business customers, markets Castrol lubricants, and develops power, charging, hydrogen, wind and carbon-capture activities.

Research dated 2026-09-12.

BP does not merely extract and sell hydrocarbons. It produces oil and gas, converts and trades energy, sells fuel and convenience goods to motorists, supplies aviation and business customers, markets Castrol lubricants, and develops power, charging, hydrogen, wind and carbon-capture activities.

Reported revenue therefore blends commodity sales with refining, trading, retail and branded products. Oil products dominate the disclosed segment mix, while natural gas products and other products and services provide additional revenue streams; movements in group sales cannot be read as a clean measure of production volume or crude prices alone.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Revenue by segment

2 · Latest results

What do the latest results show for BP (BP)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $70.11B.

Research dated 2026-09-12.

The latest reported period extended the recovery from the preceding loss: revenue, gross profit, operating profit and net income all strengthened, while operating cash flow accelerated sharply despite broadly similar capital spending. Recent earnings releases have also tended to clear revenue and earnings expectations, although accounting profit has remained much less stable across periods than revenue.

Management is pairing organic cash generation with asset sales to reduce financial obligations. The completed sale of the Gelsenkirchen refinery feeds that divestment program, while the higher expected tax burden means stronger operating performance will not flow through to shareholders without leakage.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Annual revenue and net result (USD millions); Reported versus estimated, last 8 quarters; Management outlook — dated call excerpts

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 30, 2026Not availableNot availableNot availableNot available
Mar 31, 2026Not availableNot availableNot availableNot available
Dec 31, 2025Not availableNot availableNot availableNot available
Sep 30, 2025Not availableNot availableNot availableNot available

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$70.11B$3.91B$1.50 (diluted)
Q1 FY2026$52.26B$3.84B$1.47 (diluted)
Q4 FY2025$47.38B-$3.42B-$1.33 (diluted)
Q3 FY2025$48.42B$1.16B$0.44 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for BP (BP)?

Short answer

Cash and short-term investments were $0.00 at the Jun 30, 2026 balance-sheet date. This figure does not establish a cash runway.

Research dated 2026-09-12.

BP combines substantial liquidity with substantial leverage. Cash and short-term investments have been resilient and recently increased, while the broader cash-and-investment total exceeds debt; however, much of that broader total consists of long-term investments with an unclassified character, so it should not be treated as freely available cash.

Operating cash flow comfortably exceeded capital spending in the latest period, giving BP internal capacity to fund investment and address obligations. The risk is variability: quarterly cash generation has swung widely, annual net income has been thin relative to revenue in recent periods, and debt remains greater than cash and short-term investments.

A strong quality screen sits beside a weak distress screen, a useful warning against reducing the balance-sheet assessment to a single label. Commodity exposure, refining economics, trading outcomes and taxes can all change the amount of operating cash left after investment and obligations.

Sources (as of 2026-09-12): Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Cash against market value; Operating cash flow by quarter (USD millions); Annual revenue and net result (USD millions); Trailing twelve-month ratio set; Distress and quality screens; Management outlook — dated call excerpts

Data-derived red flags

  • Financial-distress signal — its Altman Z-Score of 1.41 sits in the distress zone (elevated bankruptcy risk).
  • Rich valuation — a P/E of 21.51 runs well above the Energy sector’s ~14.90x, leaving little room for a miss.
4 · What to check next?

What should you watch next at BP (BP)?

Short answer · as of

Current published price targets run low $46.00 · high $57.00 · consensus $52.86 · median $53.00 against a quoted price of $44.62 (as of Oct 6, 2026).

Research dated 2026-09-12.

Watch whether operating cash flow remains well above capital spending after its latest surge, and whether cash and short-term investments continue to rise as financial obligations decline. That combination would show that deleveraging is being funded by the business rather than merely by reclassifying investments or selling assets.

The next earnings release should be read across revenue, operating profit, net income and cash flow, not earnings per share alone. Also track realized divestment proceeds, the effect of the refinery disposal on refining exposure, and the drag from the updated tax outlook.

Longer-range revenue expectations cluster around a fairly narrow central path while the surrounding estimates spread widely. For BP, progress is more convincingly demonstrated by durable cash conversion and lower obligations than by modest changes in group revenue.

Sources (as of 2026-09-12): Next earnings report; Analyst revenue and earnings estimates (average); Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Cash and short-term investments over time (USD millions); Cash and investment components; Management outlook — dated call excerpts

What the records here don't tell us

  • No forward revenue or earnings estimate is on file.
  • The next earnings date is not yet scheduled in the calendar we read.
  • No insider Form 4 transaction falls inside the window this page reads.

Checked against the records this page reads, on the dates shown above.

5 · Peer comparison

How does BP compare with its peers?

Short answer

BP's score ranks 7th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-12.

Unlike a pure upstream producer, BP captures economics from extraction through trading, refining, distribution and the customer transaction. Unlike a pure refiner or fuel retailer, it also owns oil and gas production and participates in integrated gas and power.

Castrol, convenience retail, aviation supply, charging and business services add demand channels that are not identical to selling crude. Wind, hydrogen and carbon capture broaden the asset pipeline further, but disclosed revenue remains concentrated in oil products and natural gas products, so the economic profile is still anchored in hydrocarbons.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Revenue by segment

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Equinor ASA (EQNR) Named competitor$42.35 Oct 5, 2026$101B90 5-pillar Oct 6, 2026
Canadian Natural Resources Limited (CNQ) Named competitor$48.31 Oct 5, 2026$101B89 5-pillar Oct 6, 2026
Shell plc (SHEL) Same industry, near in market value$96.52 Oct 5, 2026$269B88 5-pillar Oct 6, 2026
Suncor Energy Inc. (SU) Same industry, near in market value$68.77 Oct 5, 2026$80.7B87 5-pillar Oct 6, 2026
Cenovus Energy Inc. (CVE) Same industry, near in market value$31.47 Oct 5, 2026$58.0B83 5-pillar Oct 6, 2026
ConocoPhillips (COP) Named competitor$128.40 Oct 5, 2026$156B82 5-pillar Oct 6, 2026
BP (BP) — this page$44.62$115B80
Petróleo Brasileiro S.A. - Petrobras (PBR) Named competitor$24.14 Oct 5, 2026$156B79 5-pillar Oct 6, 2026
TotalEnergies SE (TTE) Same industry, near in market value$84.37 Oct 5, 2026$188B77 5-pillar Oct 6, 2026
Imperial Oil Limited (IMO) Same industry, near in market value$123.51 Oct 5, 2026$61.2B72 5-pillar Oct 6, 2026
Ecopetrol S.A. (EC) Same industry, near in market value$17.25 Oct 5, 2026$35.5B72 5-pillar Oct 6, 2026
Chevron Corporation (CVX) Same industry, near in market value$206.47 Oct 5, 2026$411B72 5-pillar Oct 6, 2026
National Fuel Gas Company (NFG) Same industry, near in market value$76.34 Oct 5, 2026$7.26B72 5-pillar Oct 6, 2026

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Energy stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$46.00 – $57.00
Consensus target
$52.86
Median target
$53.00

Consensus record · Captured .

Measured against a quoted price of $44.62 (as of Oct 6, 2026).

BP Energy Stock FAQ

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.

How do Castrol and convenience stores change BP's exposure to crude oil?

They give BP branded products and customer transactions beyond the sale of produced crude. Those activities broaden the route to market, but they remain housed within a group whose disclosed revenue is led by oil products.

Sources (as of 2026-09-12): Business description; Revenue by segment

What does BP's Customers and Products arm sell beyond fuel?

It includes convenience retail, Castrol lubricants, electric charging, aviation and business services, alongside refining, trading, transport, storage and bioenergy activities.

Sources (as of 2026-09-12): Business description

Why do BP's divestments matter for financial obligations?

Management expects disposal proceeds to supplement organic cash generation in reducing obligations. The refinery sale shows that this program can also alter BP's operating footprint, so debt reduction and future earnings capacity need to be assessed together.

Sources (as of 2026-09-12): Management outlook — dated call excerpts; Cash, investments and debt; Operating cash flow by quarter (USD millions)

How do gas trading and low carbon projects fit inside BP?

BP's gas and low-carbon operations combine natural gas extraction, integrated gas and power, electricity trading, wind, hydrogen and carbon capture. That makes the segment both a hydrocarbon business and a platform for selected lower-carbon assets.

Sources (as of 2026-09-12): Business description; Revenue by segment

What is the BP stock price today?

The last price recorded on this page for BP p.l.c. (BP) is $44.62, as of the Oct 6, 2026 trading session (source: Financial Modeling Prep (FMP) quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the BP price target?

The analyst consensus price target for BP p.l.c. (BP) is $52.86 (range $46.00 to $57.00, median $53.00), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-12): Business description; Revenue by segment; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Cash, investments and debt; Management outlook — dated call excerpts

Sources — records for every figure on this page (25 figures)

The 25 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 1 fact from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
id.hqSEC filing business address1 ST James's Square, London, X0, SW1Y 4PDOFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "1 St James's Square, London, GL, SW1Y 4PD, GB".

FMP — 20 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.lastLatest provided price$44.62FMPFinancial Modeling Prep (FMP) quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time.
px.changeChange on the day-0.38%FMPFinancial Modeling Prep (FMP) quote
px.mcapMarket capitalization$115BFMPFinancial Modeling Prep (FMP) quote — Provider market cap uses the share class it prices; a company with more than one class may show a larger total elsewhere. Market cap record date: 2026-10-06. Source capture time was not supplied. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars−$0.17FMPFinancial Modeling Prep (FMP) quote
fin.q_revenueRevenue, Q2 FY2026$70.11BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.range5252-week range$32.72–$48.27FMPFinancial Modeling Prep (FMP) quote
px.pePrice / earnings (trailing)21.51FMPFinancial Modeling Prep (FMP) · quote
px.betaBeta-0.21FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveMarguerite Eileen O'NeillFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees93,700FMPFinancial Modeling Prep (FMP) company profile
fin.annualRevenue and net result by fiscal year5 fiscal years, FY1970 through FY2025: FY1970 revenue $0.00, net result $0.00; FY2022 revenue $0.00, net result $0.00; FY2023 revenue $0.00, net result $0.00; FY2024 revenue $0.00, net result $0.00; FY2025 revenue $0.00, net result $0.00FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.gross_marginGross margin (trailing twelve months)28.3%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. The market-value ratio is undefined when the reported amount is zero.
fin.total_debtTotal debt$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value7.90×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
earn.ptStored analyst price targetslow $46.00 · high $57.00 · consensus $52.86 · median $53.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_rangeAnalyst price target, low to high$46.00 – $57.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$52.86FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$53.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied

UNRECORDED — 2 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 6 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-03 · Expired observation
fin.scoresDistress and quality screensAltman Z 1.41 · Piotroski F 9UNRECORDEDStored financial-scores observation — Captured 2026-10-04 · Expired observation

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v280 of 100 · Exceptional · pillars 54 / 85 / 95 / 64 / 73OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement80 (stored snapshot Oct 5, 2026) → 80 (current publication computed Oct 6, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
BP p.l.c. operates as a global energy company, offering a wide array of carbon-based and sustainable products and services. Its operations are structured across three primary segments: Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products. The Gas & Low Carbon Energy division is responsible for the extraction and integrated generation of natural gas and power. It actively trades gas and both renewable and non-renewable electricity. This segment also manages onshore and offshore wind farms and develops innovative solutions like hydrogen production and carbon capture and storage facilities. Meanwhile, the Oil Production & Operations segment focuses on crude oil extraction. The Customers & Products arm encompasses a diverse portfolio, including convenience stores and retail fuel sales, electric vehicle charging infrastructure, and the Castrol lubricants brand. It extends its reach to aviation and business-to-business (B2B) services, alongside midstream operations (like transportation and storage), refining activities, oil trading, and the expanding bioenergy sector. Established in 1908, BP maintains its headquarters in London, United Kingdom.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Revenue by segment
Natural Gas Products: $27.48B; Oil And Gas, Crude Oil: $2.06B; Oil and Gas, Oil Products: $114.21B; Product And Service Other 1: $15.13B
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: $1.44 per share, R&D: $0, SG&A: $4.61B, EPS basic: $1.5 per share, EPS basis: diluted, Revenue: $70.11B, EPS diluted: $1.44 per share, Net result: $3.91B, Gross profit: $19.38B, Operating result: $8.94B
  • Quarter ended 2026-03-31 — EPS: $1.44 per share, R&D: $0, SG&A: $4.63B, EPS basic: $1.5 per share, EPS basis: diluted, Revenue: $52.26B, EPS diluted: $1.44 per share, Net result: $3.84B, Gross profit: $12.63B, Operating result: $7.96B
  • Quarter ended 2025-12-31 — EPS: -$1.32 per share, R&D: $0, SG&A: $4.57B, EPS basic: -$1.32 per share, EPS basis: diluted, Revenue: $47.38B, EPS diluted: -$1.32 per share, Net result: -$3.42B, Gross profit: $7.68B, Operating result: $3.00B
  • Quarter ended 2025-09-30 — EPS: $0.44 per share, R&D: $0, SG&A: $4.27B, EPS basic: $0.45 per share, EPS basis: diluted, Revenue: $48.42B, EPS diluted: $0.44 per share, Net result: $1.16B, Gross profit: $8.87B, Operating result: $4.37B
  • Quarter ended 2025-06-30 — EPS: $0.62 per share, R&D: $0, SG&A: $4.24B, EPS basic: $0.62 per share, EPS basis: diluted, Revenue: $46.63B, EPS diluted: $0.62 per share, Net result: $1.63B, Gross profit: $8.54B, Operating result: $4.16B
  • Quarter ended 2025-03-31 — EPS: $0.26 per share, R&D: $0, SG&A: $4.41B, EPS basic: $0.26 per share, EPS basis: diluted, Revenue: $46.91B, EPS diluted: $0.26 per share, Net result: $687.00M, Gross profit: $8.44B, Operating result: $3.93B
  • Quarter ended 2024-12-31 — EPS: -$0.74 per share, R&D: $0, SG&A: $4.10B, EPS basic: -$0.74 per share, EPS basis: diluted, Revenue: $45.75B, EPS diluted: -$0.74 per share, Net result: -$1.96B, Gross profit: $5.79B, Operating result: $1.51B
  • Quarter ended 2024-09-30 — EPS: $0.0738 per share, R&D: $0, SG&A: $3.93B, EPS basic: $0.0756 per share, EPS basis: diluted, Revenue: $47.25B, EPS diluted: $0.0738 per share, Net result: $206.00M, Gross profit: $7.53B, Operating result: $3.22B
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: -$3.09B, Operating cash flow: $10.86B
  • Quarter ended 2026-03-31 — Capital expenditure: -$3.24B, Operating cash flow: $2.86B
  • Quarter ended 2025-12-31 — Capital expenditure: -$3.46B, Operating cash flow: $7.60B
  • Quarter ended 2025-09-30 — Capital expenditure: -$3.17B, Operating cash flow: $7.79B
  • Quarter ended 2025-06-30 — Capital expenditure: -$3.24B, Operating cash flow: $6.27B
  • Quarter ended 2025-03-31 — Capital expenditure: -$3.35B, Operating cash flow: $2.83B
  • Quarter ended 2024-12-31 — Capital expenditure: -$3.89B, Operating cash flow: $7.43B
  • Quarter ended 2024-09-30 — Capital expenditure: -$4.22B, Operating cash flow: $6.76B
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Cash, investments and debt
Total debt: $72.69B; Liquidity basis: cash and short-term investments; Total liabilities: $218.21B; Cash and short-term investments: $37.23B; Cash and investments: $85.37B; Long-term investments: $48.14B; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Management outlook — dated call excerpts
Captured record · 3 entries
  • Call of 2026-08-04 — Quote: We now expect full year divestment proceeds to be in the range of $8 billion to $9 billion. To reflect the completion of the sale of the Gelsenkirchen German refinery effective 31st July, we have updated our refining indicator margin., Speaker: Katherine Thomson
  • Call of 2026-08-04 — Quote: Finally, we have updated our full year underlying effective tax rate to be around 35% to 40%., Speaker: Katherine Thomson
  • Call of 2026-08-04 — Quote: We will continue reducing financial obligations beyond 2026 with organic cash generation and further expected divestment proceeds., Speaker: Katherine Thomson

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-08-04OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Sector / industry (provider taxonomy)
Energy / Oil & Gas Integrated

The company's SEC filings classify it under SIC 2911 — Petroleum Refining.

2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $0, Revenue: $189.34B, Period end: 2025-12-31, Net result: $55.00M
  • FY2024 — R&D: $0, Revenue: $189.19B, Period end: 2024-12-31, Net result: $381.00M
  • FY2023 — R&D: $0, Revenue: $210.13B, Period end: 2023-12-31, Net result: $15.24B
  • FY2022 — R&D: $0, Revenue: $241.39B, Period end: 2022-12-31, Net result: -$2.49B
  • FY2021 — R&D: $0, Revenue: $157.74B, Period end: 2021-12-31, Net result: $7.57B
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-08-04 — EPS actual: $2.22 per share, EPS estimated: $1.98 per share, Revenue actual: $69.11B, Revenue estimated: $62.24B
  • Reported 2026-04-28 — EPS actual: $1.24 per share, EPS estimated: $0.91 per share, Revenue actual: $52.26B, Revenue estimated: $48.50B
  • Reported 2026-02-10 — EPS actual: $0.6 per share, EPS estimated: $0.57 per share, Revenue actual: $47.38B, Revenue estimated: $42.89B
  • Reported 2025-11-04 — EPS actual: $0.85 per share, EPS estimated: $0.72 per share, Revenue actual: $48.39B, Revenue estimated: $44.44B
  • Reported 2025-08-05 — EPS actual: $0.9 per share, EPS estimated: $0.68 per share, Revenue actual: $47.18B, Revenue estimated: $41.64B
  • Reported 2025-04-29 — EPS actual: $0.53 per share, EPS estimated: $0.56 per share, Revenue actual: $46.91B, Revenue estimated: $42.88B
  • Reported 2025-02-11 — EPS actual: $0.44 per share, EPS estimated: $0.56 per share, Revenue actual: $45.75B, Revenue estimated: $46.95B
  • Reported 2024-10-29 — EPS actual: $0.83 per share, EPS estimated: $0.78 per share, Revenue actual: $47.25B, Revenue estimated: $48.57B
2026-08-04FMPFinancial Modeling Prep (FMP) earnings
Cash and investment components
Total basis: cash short and long-term investments; Total: $85.37B; Cash and short-term investments: $37.23B; Long-term investments: $48.14B; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-30COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-30 — Amount: $37.23B, Cash basis: cash and short-term investments
  • 2026-03-31 — Amount: $35.76B, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $36.71B, Cash basis: cash and short-term investments
  • 2025-09-30 — Amount: $35.05B, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $35.31B, Cash basis: cash and short-term investments
  • 2025-03-31 — Amount: $34.05B, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $34.52B, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $34.76B, Cash basis: cash and short-term investments
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Cash against market value
As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: -$35.47B; Total debt: $72.69B; Cash and investments: $37.23B

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-06-30COMPUTEDComputed from the balance sheet and the latest market capitalization
Trailing twelve-month ratio set
Quick ratio: 0.95; Current ratio: 1.27; Debt to equity: 1.24; Net margin: 2.5%; Gross margin: 21.9%; Operating margin: 13.7%; Return on assets: 1.8%; Return on equity: 9.5%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-12FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Distress and quality screens
Altman Z-score: 1.42; Piotroski F-score: 9

Altman Z below 1.8 is the conventional distress zone. For a company holding large cash against negative retained earnings the score mostly reflects the retained-earnings term.

2026-09-12FMPFinancial Modeling Prep (FMP) financial scores
Next earnings report
Date: 2026-10-30; EPS estimate: $1.7 per share; Revenue estimate: $57.99B

The date is our provider's estimate until the company confirms it.

2026-09-12FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2027 — EPS average: $4.4 per share, Revenue average: $199.96B, Revenue low: $164.07B, Revenue high: $268.52B, Analysts (revenue): 8
  • FY2028 — EPS average: $3.83 per share, Revenue average: $200.67B, Revenue low: $161.55B, Revenue high: $248.03B, Analysts (revenue): 5
  • FY2029 — EPS average: $3.31 per share, Revenue average: $200.02B, Revenue low: $161.03B, Revenue high: $247.23B, Analysts (revenue): 6
  • FY2030 — EPS average: $3.28 per share, Revenue average: $202.28B, Revenue low: $162.84B, Revenue high: $250.01B, Analysts (revenue): 6
2026-09-12FMPFinancial Modeling Prep (FMP) analyst estimates
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.