US Edition
Why Is BP Stock Falling Tuesday? - BP (NYSE:BP)
BP expects higher upstream oil and gas output in Q3 but forecasts weak oil trading amid market challenges, reflecting its shift away from renewables, executives said.
8 Articles
8 Articles
North Wales Chronicle
BP says upstream production to rise but flags ‘weak’ oil trading
The company previously said upstream production would come in lower quarter-on-quarter.
Why Is BP Stock Falling Tuesday? - BP (NYSE:BP)
BP p.l.c. (NYSE:BP) shares are trading lower premarket on Tuesday. The company posted a trading update ahead of its third-quarter 2025 results scheduled for November 4, 2025. The company projects quarterly results to include post-tax adjusting items for asset impairments of $200 million to $500 million across segments. The oil and gas giant expects upstream production to rise versus the previous quarter, on higher output in both oil production a…
BP sees higher Q3 upstream production, flags weak oil trading performance (BP:NYSE)
Oil and gas major BP (BP) on Tuesday said it expects third-quarter upstream production to rise from the previous quarter, driven by increased output in both oil production and operations, mainly due to higher gas production at bpx energy.
BP Flags Weak Oil Trading While Production Rebound Continues
BP Plc said a weak oil trading performance hit the company’s profit while production increased for a second straight quarter, offering investors a mixed snapshot as the energy giant continues efforts to reverse underperformance.
In the third quarter, the British oil company BP first estimated that it produced more oil and gas.
BP reported weak oil trading performance and rising production in its preliminary third-quarter earnings report as the energy giant continues to struggle to reverse the weak performance of previous years, Bloomberg reported.
Coverage Details
Bias Distribution
- 50% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
