LSE$BP
BP · Q1 2025 earnings
Q1 2025 earnings · · Investor relations
Briefing
BP delivered solid Q1 2025 results driven by strong oil production and stable gas & low-carbon energy contributions.
BP posted stable results in Q1 2025, buoyed by oil and gas performance, though refining margins were weaker.
- Strong oil production supported earnings growth.
- Gas & low-carbon energy showed resilience despite market volatility.
- Customer & products segment rebounded from prior losses.
- Lower refining margins partially offset operational strength.
Headline financials
Revenue & EPS history
BP · Revenue · Quarterly
$48.7B
Forward guidance
BP expects resilient performance driven by upstream production growth and steady low-carbon initiatives, despite ongoing market volatility.
Tailwinds
- Upstream oil production expected to grow modestly.
- Low-carbon investments projected to increase cash flow.
- Cost efficiencies expected to enhance margins.
- Strong project pipeline to support future earnings.
- Dividends and share buybacks to continue.
Headwinds
- Refining margins likely to remain under pressure.
- Gas price volatility could affect earnings.
- Geopolitical risks in key production areas.
- Transition costs to low-carbon operations increasing.
- Inflationary pressures on operational expenses.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2025
+0.7%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+29.2%
Avg return
30 days after
62%
38 / 61 earnings
Positive
+10.9%
Q4 2022
Best reaction
-8.9%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.6% | +1.0% | +1020.7% | |
| Q3 2025 | +1.6% | +4.9% | +6.8% | |
| Q1 2025 | -0.7% | +4.0% | +3.7% | |
| Q3 2024 | -6.5% | -5.9% | -6.2% | |
| Q1 2024 | -3.9% | -3.1% | -9.2% | |
| Q4 2023 | +5.6% | +4.1% | +7.7% | |
| Q3 2023 | -5.9% | -5.6% | -5.4% | |
| Q2 2023 | -3.4% | -1.3% | -0.3% | |
| Q1 2023 | -8.9% | -7.2% | -13.2% | |
| Q4 2022 | +10.9% | +16.7% | +12.9% | |
| Q3 2022 | -1.6% | +1.9% | +7.3% | |
| Q2 2022 | +2.2% | +2.1% | +5.3% | |
| Q1 2022 | +10.4% | +10.4% | +13.7% | |
| Q4 2021 | -1.0% | -0.3% | -12.9% | |
| Q3 2021 | -6.9% | -4.9% | -7.6% | |
| Q2 2021 | +4.1% | +6.1% | +3.2% | |
| Q1 2021 | +2.9% | +1.0% | +5.5% | |
| Q4 2020 | -4.2% | -6.3% | +17.2% | |
| Q3 2020 | -5.7% | -2.0% | +35.5% | |
| Q2 2020 | +8.4% | +4.0% | -6.7% | |
| Q1 2020 | +4.6% | -6.1% | -4.3% | |
| Q4 2019 | +6.9% | +3.2% | -7.5% | |
| Q3 2019 | -2.0% | -1.4% | -3.8% | |
| Q2 2019 | +1.7% | -1.6% | -5.5% | |
| Q1 2019 | +0.1% | +0.1% | -4.6% | |
| Q4 2018 | +4.0% | +2.7% | +3.0% | |
| Q3 2018 | +5.7% | +1.4% | -1.3% | |
| Q2 2018 | +0.3% | -1.0% | -1.9% | |
| Q1 2018 | +0.2% | +1.7% | +2.8% | |
| Q4 2017 | +0.6% | -1.7% | -0.8% | |
| Q3 2017 | +2.9% | +2.4% | +1.1% | |
| Q2 2017 | +3.6% | +3.4% | -1.2% | |
| Q1 2017 | +1.1% | +2.9% | +5.6% | |
| Q4 2016 | -3.9% | -3.6% | -6.5% | |
| Q3 2016 | -4.3% | -5.7% | -0.5% | |
| Q2 2016 | -0.9% | -1.4% | -1.9% | |
| Q1 2016 | +6.4% | — | — | |
| Q4 2015 | -6.4% | — | — | |
| Q3 2015 | +2.0% | — | — | |
| Q2 2015 | +3.7% | — | — | |
| Q1 2015 | +1.3% | — | — | |
| Q4 2014 | +1.5% | — | — | |
| Q3 2014 | -1.9% | — | — | |
| Q2 2014 | +0.8% | — | — | |
| Q1 2014 | +0.1% | — | — | |
| Q4 2013 | -0.2% | — | — | |
| Q3 2013 | -2.2% | — | — | |
| Q2 2013 | -0.2% | — | — | |
| Q1 2013 | -0.8% | — | — | |
| Q4 2012 | +2.9% | — | — | |
| Q3 2012 | -0.3% | — | — | |
| Q2 2012 | +0.4% | — | — | |
| Q1 2012 | +0.8% | — | — | |
| Q4 2011 | +3.3% | — | — | |
| Q3 2011 | -4.8% | — | — | |
| Q2 2011 | +2.6% | — | — | |
| Q1 2011 | +2.4% | — | — | |
| Q4 2010 | +2.9% | — | — | |
| Q3 2010 | +4.9% | — | — | |
| Q1 2010 | +1.6% | — | — | |
| Q2 2010 | +6.2% | — | — |
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