BP BP PLC

$BP Refining Indicator Margin (RIM): $50.60 RIM is an avg measure of global refining margins based on BP's standard crude slate and product yield - Quarterly Avg: • 4Q26: $43.6/bbl • 3Q26: $46.7/bbl • 2Q26: $29.6/bbl • 1Q26: $16.9/bbl • 4Q25: $15.2/bbl • 3Q25: $15.8/bbl A +/- $1/bbl change in the RIM impacts BP's pre-tax replacement cost operating profit by approximately $450M for FY26 $VLO $XOM $PSX $SHEL

$BP is on fire, up 4% today and 5.6% for the week Options traders are piling into those $48 calls, pushing some serious bullish vibes We're seeing 100% call flow over the past 5 days with 6.3x momentum and 3.1x volume growth That’s some aggressive action Q3 update looks solid too Refining margins up around 60%, net debt dropping to $13.5 billion to $14.5 billion Even with those $3 billion to $4.5 billion impairments, investors are loving the cash flow and balance sheet progress December 15 strategy day could be a big catalyst With this call demand and price strength, fading this move might be risky

BP plans to sell a 5% stake in Norwegian oil and gas producer Aker BP in a transaction potentially worth approximately $1.2B at current market prices, as the British energy giant continues to adjust its portfolio and unlock value from non-core investments. Barclays will act as global coordinator and bookrunner, with Norway's DNB Carnegie serving as co-bookrunner for the placement. BP currently owns a 15.9% stake in Aker BP, making it the company's second-largest shareholder, behind billionaire Kjell Inge Røkke's investment firm Aker ASA. The Norwegian producer was established in 2016 through the merger of BP's Norwegian oil and gas assets with Det norske oljeselskap, which was controlled by Røkke. Following completion of the transaction, BP's remaining shares will be subject to a 90-day lock-up period, with customary exemptions. $BP

$BP BP guided Q3 net debt to 13.5 to 14.5 billion dollars, down from 22.3 billion at the end of Q2. That is already at the low end of the 14 to 18 billion target it set for the end of 2027. Brent actually fell in the quarter, to 96.99 from 103.85. Refining did the work: indicator margin 46.70 a barrel vs 29.60 in Q2, with realized margins adding 1.9 to 2.1 billion dollars sequentially. Same statement flags 3.0 to 4.5 billion dollars of post-tax impairments, mostly in the transition businesses.

$BP AI infrastructure spending faces a financing test. CoreWeave, Nebius and IREN came under pressure after Elon Musk warned that hundreds of neocloud operators could fail or consolidate as debt and funding costs mount. Could this reshape the sector?

$BP In the current high interest rate environment ...the below earnings take away is huge. Net Debt Slashed: Reduced by $8.38 billion during the quarter down to $13.87 billion, hitting its structural 2027 leverage targets a year early.

$BP engaged long on 10/14 from our daily focus list, using this BREAKOUT price pattern. The Nov 47 calls paid out +126%

Yaoyao Liu, one of the oil trading industry’s most closely followed traders, is set to leave commodities giant Vitol after a costly misjudgment at the start of the Iran war, according to people familiar with the matter. Liu and his team reportedly suffered losses of several hundred million dollars after making incorrect bets on crude oil and diesel prices as the conflict disrupted energy markets earlier this year. The Wall Street Journal first reported the losses in April, noting that some of the money was subsequently recovered. The episode represents a rare setback for Liu, whose trading activity had attracted considerable attention in the oil market. It also highlights the difficulty of positioning for sudden price movements during geopolitical crises, when military developments and supply disruptions can rapidly alter energy-market dynamics. $BP $SHEL $SPX

$BP These guys making insane profits on the oil crisis now.. they probably still have millions on barrels they bought when it was cheap

BP Stock Gets Slew Of Price Target Hikes — But BofA Sees Limited Consensus Upside For Q4 $BP https://stocktwits.com/news/equity/markets/bp-stock-gets-slew-of-price-target-hikes-but-bof-a-sees-limited-consensus-upside-for-q4/cNGadqrR9PZ

$BP posted Q3 '26 underlying profit of $8.5B (+48% QoQ) and operating cash flow of $14.8B, on stronger refining and gas trading. Upstream output held at 2.2M boe/d; reliability hit 95.3%. Net debt fell to $13.9B. FY26 divestment proceeds outlook rose to ~$8B, and targets $33–35B year-end obligations. Catalysts in play - December strategy update to reset capital allocation targets. - Castrol sale and UK North Sea/Archaea disposals simplify portfolio. - Refining utilization reached 98% YTD. - $1B hybrid repayment completed; further deleveraging targeted. - Strong cash generation supports shareholder returns. Risks to watch - Q4 customers profit expected significantly below Q3. - Tier 1/2 process safety events increased. - Rotterdam unplanned refinery outage threatens reliability. - $4B transition-business impairments raise stranded-asset concerns. - $2.8B permanent YTD working-capital build. - Reserve replacement below 100%; buyback and dividend resilience at lower oil prices untested.

$BP Gas segment reported RC profit was 208 million dollars in Q3, down from 1.097 billion dollars a year ago. Underlying RC profit in that same segment was 3.183 billion dollars, up from 1.519 billion dollars. The gap is mostly a 3.365 billion dollar impairment charge in the quarter, tied to transition businesses including Lightsource bp and offshore wind, per the 6-K notes. Group impairments were 4.067 billion dollars in Q3 vs 370 million dollars a year ago.

$BP Earnings improve, supported by the macro environment. 3Q 2026 underlying RC profit $8.5 billion, $2.7 billion higher than the prior quarter. Operating cash flow $14.8 billion, including adjusted working capital* release(c) of $0.5 billion Improved operational performance. 3Q 2026 upstream plant reliability 95.3% (2Q 2026 92.4%); reported production 2.2mmboe/d (2Q 2026 2.2mmboe/d); refining availability 96.5% (2Q 2026 94.7%); refining throughput 1,396mb/d (2Q 2026 1,467mb/d) reflects the divestment of Gelsenkirchen refinery. Strengthening the balance sheet. Strong cash generation combined with decision to allocate excess cash to strengthen the balance sheet enabled an $8.4 billion reduction in net debt to $13.9 billion.

🟢 $BP 48C Oct 30 💰 $100,700 premium 💵 $1.76/contract 📊 0.9x Vol/OI 📍 Spot $48.46 💰 Large premium | 🚨 Repeat sweep 🌊 Dark Flow | Options Flow