BP p.l.c. (BP) Q2 FY2026 6-K Filings and Company Events

Filings that contain financial statements

• Form 6-K, accession 0001654954-26-007201, filed 4 August 2026: the second quarter and first half 2026 group results announcement (Exhibit 1.1) for the period ended 30 June 2026. It holds the group income statement, condensed statement of comprehensive income, group balance sheet, condensed statement of changes in equity and condensed cash flow statement, with notes (including earnings per share, dividends and net debt), segment results and the independent review report.
• Form 6-K, accession 0000313807-26-000016, filed 4 August 2026: the same second quarter and first half 2026 results furnished with structured-data tagging, for the period ended 30 June 2026. It carries the same five primary statements and notes.

The two filings cover the same period and the same results.

Second quarter 2026 results (6-K filed 4 August 2026; accession 0001654954-26-007201)

• Profit attributable to bp shareholders was $3,911 million for the quarter (first quarter 2026: $3,842 million; second quarter 2025: $1,629 million) and $7,753 million for the half (first half 2025: $2,316 million).
• Underlying replacement cost (RC) profit was $5,732 million, against $3,198 million in the first quarter and $2,353 million a year earlier. The company attributed the quarter-on-quarter rise mainly to higher liquids and gas realizations, stronger realized refining margins and a stronger customers result, partly offset by higher exploration write-offs. Underlying RC profit is a non-IFRS measure.
• Operating cash flow was $10,858 million (second quarter 2025: $6,271 million), after a $1.0 billion adjusted working capital build. Capital expenditure was $3,086 million.
• Net debt fell to $22,251 million from $25,309 million at the end of the first quarter, after the $2.9 billion redemption of the EUR 2.5 billion perpetual hybrid bonds and $1.1 billion paid on Gulf of America settlement liabilities.
• Adjusting items in the quarter included post-tax net impairments of $0.8 billion.
• Operations: upstream production 2,201 mboe/d (first quarter 2,339); upstream plant reliability 92.4% (95.7%); refinery throughput 1,467 mb/d (1,527). Tier 1 and 2 process safety events rose to 18 from 7 in the first quarter.
• The company said Brent and Henry Hub realizations and refining margins were the main drivers, and cited seasonal Gulf of America maintenance, Middle East disruption and an April third-party event at Whiting as operational headwinds.

Management and priorities

• Meg O'Neill became chief executive officer and an executive director on 1 April 2026; Carol Howle stepped down as interim chief executive on 31 March 2026. Melody Meyer, Karen Richardson and Simon Henry stepped down as non-executive directors on 23 April 2026. On 26 May 2026 the board announced it had "unanimously decided that Albert Manifold should no longer serve as Chair and Director with immediate effect", following "serious concerns raised to the Board related to important governance standards, oversight and conduct"; Ian Tyler was appointed interim chair the same day (Form 6-K, accession 0001654954-26-005313; the results notes in accession 0001654954-26-007201 record that he ceased to serve as chair).
• In the 4 August results Ms O'Neill set out five priorities: strengthen the balance sheet, simplify the portfolio, invest with greater discipline, drive operational excellence, and build accountability. She said the company moved to an Upstream and Downstream organization in July; reportable segments stay unchanged until 31 December 2026 (accession 0001654954-26-007201).
• 31 July 2026: board committee changes effective 1 August - Ian Tyler to chair the nomination and governance committee, Tushar Morzaria interim chair of the people and remuneration committee (accession 0001654954-26-007068).
• 31 July 2026: following a tender, the board confirmed Deloitte LLP as statutory auditor from the 2028 financial year, subject to shareholder approval at the 2027 annual general meeting (accession 0001654954-26-007071).
• 2 September 2026: bp appointed Ian Tyler as Chair with immediate effect. Dame Amanda Blanc, Senior Independent Director, will not stand for re-election at the 2027 annual general meeting and will step down once a successor is appointed (accession 0001654954-26-008071).

Portfolio and M&A (signed versus closed)

• Gelsenkirchen refinery - closed. The 4 August results state bp completed the sale of the Gelsenkirchen refinery and related businesses to Klesch Group in July, following the March agreement; the 13 October trading statement dates completion to 31 July (accessions 0001654954-26-007201, 0001654954-26-008895). At 30 June 2026 the held-for-sale assets were $549 million and liabilities $1,260 million.
• Castrol - signed, not closed. Under a 24 December 2025 agreement with Stonepeak, bp is to divest a 65% shareholding in Castrol and retain 35%; cash proceeds are estimated at $6 billion and completion is expected by the end of 2026, subject to regulatory approvals (accession 0000313807-26-000016, note on assets held for sale).
• Bay du Nord (Canada) - signed. In July bp agreed to sell its non-operated interest to Equinor, subject to third-party approvals. The sale drove higher exploration write-offs in the second quarter (accession 0001654954-26-007201).
• Kirkuk, Iraq - terms agreed. In July bp agreed terms for ConocoPhillips to acquire 42% and TPAO a further 15% of BP Energy Company of Kirkuk Limited, subject to third-party approvals (accession 0001654954-26-007201).
• Austria retail - signed. In July bp announced the sale of its Austria mobility and convenience and bp pulse businesses to volenergy AG, expected to complete by end 2026 subject to regulatory approvals (accession 0001654954-26-007201).
• Pan American Energy - closed. In June bp completed the sale of a 10% shareholding, reducing its stake from 50% to 40% (accession 0001654954-26-007201).
• Browse (Australia) - signed. In June bp agreed to sell a 5% interest in the Browse project to GS Energy, retaining 39.33% (accession 0001654954-26-007201).
• bp Ventures - signed. In July bp agreed to sell the majority of the direct investments held in bp Ventures, subject to regulatory and contractual approvals, and intends to close bp Ventures; no price was disclosed (accession 0001654954-26-007201).
• Sale processes launched: bp announced in July an intention to market its North Sea business, and on 4 August to market Archaea Energy, its US biogas business (accession 0001654954-26-007201).
• Namibia - agreed. bp agreed in the first quarter to acquire a 60% interest in three offshore blocks from Eco Atlantic, subject to Namibian approvals (accession 0001654954-26-007201).
• Project milestones in the quarter: final investment decisions on the Thunder Horse subsea pump and the Greater PAJ project in Angola; Atlantis expansion start-up in July; a 10% interest in the Bab Gas Cap concession in Abu Dhabi; first non-associated gas on Azeri-Chirag-Gunashli; and operatorship of the Baku-Tbilisi-Ceyhan pipeline transferred to SOCAR Midstream Operations on 1 July (accession 0001654954-26-007201).

Capital actions and shareholder returns

• Dividend: the second quarter 2026 dividend is 8.66 cents per ordinary share (US$0.5196 per ADS), a 4% increase on the 8.32 cents paid for the first quarter. It was paid on 18 September 2026 to holders of record on 14 August; no scrip alternative was offered. The sterling equivalent was 6.4059 pence per share (accessions 0001654954-26-007201, 0001654954-26-008718).
• Hybrids: the EUR 2.5 billion perpetual hybrid bonds were redeemed on 22 June 2026 for $2.9 billion, part of a plan to cut hybrids by $4.3 billion by end 2027 (accessions 0001654954-26-006633, 0001654954-26-007201). bp also said it intends to repay $1.0 billion of perpetual subordinated hybrid securities issued by a group subsidiary; the 13 October trading statement dates that redemption to 30 September 2026 (accessions 0001654954-26-007201, 0001654954-26-008895).
• Share repurchases: the cash flow statement shows a net repurchase of shares of $562 million in the first quarter of 2026 and none in the second quarter (accession 0000313807-26-000016).
• Treasury shares stood at 783.4 million at 30 June 2026 and 780.6 million at 30 September 2026 (accessions 0001654954-26-006511, 0001654954-26-008723). The 6 July amendment corrected the 30 June ordinary share count excluding treasury shares to 15,702,899,365.

Guidance

• Second quarter trading statement, 14 July 2026: guided production of 2,170 to 2,220 mboe/d, net debt of $22 to 23 billion and post-tax impairments of about $1.0 billion; the quarter's actuals were production of 2,201 mboe/d, net debt of $22.3 billion and post-tax net impairments of $0.8 billion (accessions 0001654954-26-006633, 0001654954-26-007201).
• 2026 guidance in the 4 August results: reported upstream production of 2,180 to 2,270 mboe/d; capital expenditure raised to $13.5 to 14.0 billion (from $13 to 13.5 billion) after a decision to delay asset farm-downs; divestment and other proceeds lowered to $8 to 9 billion (from $9 to 10 billion), including about $6 billion from Castrol; depreciation, depletion and amortization of $17.0 to 17.5 billion; underlying effective tax rate of 35 to 40% (from around 40%); Gulf of America settlement payments of about $1.6 billion pre-tax. Third quarter production was guided to 2,100 to 2,250 mboe/d with a significantly lower customers result (accessions 0001654954-26-006633, 0001654954-26-007201).
• Refining sensitivity: after the Gelsenkirchen sale, the refining indicator margin sensitivity falls to $450 million per $1/bbl from $550 million (accession 0001654954-26-007201).

After the quarter

• Third quarter trading statement, 13 October 2026: third quarter production guided to 2,190 to 2,240 mboe/d; net debt at the end of the third quarter expected at $13.5 to 14.5 billion (second quarter: $22.3 billion); post-tax impairment adjusting items of $3.0 to 4.5 billion, primarily in the gas and low carbon energy segment, excluded from underlying RC profit; underlying effective tax rate of about 30%. Third quarter results are scheduled for 30 October 2026 and a strategy and outlook update for 15 December 2026 in New York (accession 0001654954-26-008895).

Routine filings

Monthly total voting rights notices and director and PDMR share dealing notices (largely dividend reinvestment and share plan transactions by the chief financial officer and other executives) were filed on 1 and 3 July, 3 August, 1 September and 1 October 2026; none carries other news.