BP publishes third-quarter 2026 results presentation transcript
BP•BP reported underlying replacement cost profit of $8.5 billion and IFRS profit of $4.7 billion for the third quarter of 2026. It expects financial obligations to fall to $33 billion-$35 billion by year-end from $44.3 billion.
1. Results and obligations
BP said it plans to prioritize excess cash flow to settle its remaining Deepwater Horizon liabilities in full, following an agreement with Louisiana. Financial obligations are expected to fall to $33 billion-$35 billion by year-end from $44.3 billion, supported by cash generation and divestments. Post-tax net impairments totaled $4 billion, primarily attributable to transition businesses including Lightsource bp and offshore wind.
