BP plc (NYSE: BP) reported Q3 EPS of $0.85, $0.08 better than the analyst estimate of $0.77. Revenue for the quarter came in at $49.25 billion versus the consensus estimate of $44.16 billion.

GUIDANCE

4Q 2025 - Looking ahead, bp expects fourth quarter 2025 reported upstream* production to be broadly flat compared with the third quarter 2025. Within this, bp expects reported production from oil production & operations to be slightly higher and production from gas & low carbon energy to be lower. In its customers business, bp expects seasonally lower volumes compared to the third quarter and fuels margins to remain sensitive to movements in the cost of supply. In products, bp expects, compared to the third quarter, similar level of refinery turnaround activity.

2025 guidance: Bp now expects reported upstream production to be slightly lower and underlying upstream production to be broadly flat compared with 2024.

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