BP's stock just reached its highest point in a year, and here's what happened.

Oct 13, 2026, 11:34 AM ETResultsRead the original at Benzinga

Neutral

BP expects refining and gas results to improve and debt to fall. But write-downs, weaker customer results, and lower oil income point the other way, so the story does not clearly change BP’s business outlook.

BP · BP p.l.c.

AI read · Neutral

The AI's read

Higher refining income and stronger gas results could support BP’s quarterly profit. Weaker customer results and lower oil income point the other way. Analysts also expect profit per share to fall from $0.85 to $0.36 compared with a year earlier, but BP expects its debt to fall sharply. These facts point in different directions.

Get alerts for BP

Follow BP p.l.c. (BP) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for BP

Free on the App Store and Google Play, or on the web.