BP (BP) Projected to Announce Quarterly Earnings on Tuesday

BP (NYSE:BP) is expected to release its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect BP to announce earnings of $1.87 per share and revenue of $57.8877 billion for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 8:00 AM ET.

BP (NYSE:BP) last announced its quarterly earnings results on Tuesday, April 28th. The oil and gas exploration company reported $1.24 EPS for the quarter, beating the consensus estimate of $1.00 by $0.24. The firm had revenue of $52.26 billion during the quarter, compared to the consensus estimate of $48.50 billion. BP had a net margin of 1.62% and a return on equity of 12.06%. The business’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period last year, the firm earned $0.53 EPS. On average, analysts expect BP to post $6 EPS for the current fiscal year and $4 EPS for the next fiscal year.

BP Stock Down 3.4%

BP opened at $42.34 on Tuesday. The firm has a market capitalization of $110.90 billion, a P/E ratio of 35.28, a price-to-earnings-growth ratio of 0.74 and a beta of 0.17. BP has a one year low of $31.58 and a one year high of $48.27. The company has a fifty day moving average price of $41.21 and a 200-day moving average price of $41.43. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.22 and a quick ratio of 0.87.

Hedge Funds Weigh In On BP

Large investors have recently modified their holdings of the company. Ameriflex Group Inc. boosted its stake in BP by 39.1% in the fourth quarter. Ameriflex Group Inc. now owns 1,808 shares of the oil and gas exploration company’s stock worth $63,000 after buying an additional 508 shares in the last quarter. Sagefield Capital LP raised its stake in shares of BP by 125.2% during the fourth quarter. Sagefield Capital LP now owns 493,556 shares of the oil and gas exploration company’s stock worth $17,141,000 after acquiring an additional 274,381 shares in the last quarter. Advisory Services Network LLC lifted its holdings in shares of BP by 5.8% in the 4th quarter. Advisory Services Network LLC now owns 18,304 shares of the oil and gas exploration company’s stock worth $636,000 after acquiring an additional 999 shares during the last quarter. New York State Common Retirement Fund purchased a new stake in shares of BP in the 4th quarter valued at $17,768,000. Finally, Brown Brothers Harriman & Co. grew its holdings in shares of BP by 14.1% during the 4th quarter. Brown Brothers Harriman & Co. now owns 6,549 shares of the oil and gas exploration company’s stock valued at $227,000 after purchasing an additional 811 shares during the last quarter. 11.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Argus upgraded BP from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a research report on Monday, May 11th. Scotiabank raised their price target on BP from $41.00 to $58.00 and gave the company a “sector outperform” rating in a report on Wednesday, April 22nd. Piper Sandler started coverage on BP in a report on Thursday. They set a “neutral” rating and a $42.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of BP in a research note on Thursday, June 18th. Finally, Zacks Research lowered shares of BP from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, BP currently has an average rating of “Moderate Buy” and a consensus price target of $46.59.

BP Company Profile

BP plc is a British multinational integrated energy company headquartered in London. Originating in the early 20th century as the Anglo-Persian Oil Company, BP has grown into one of the world’s largest oil and gas companies, operating across exploration and production, refining and marketing, trading, and a range of low-carbon businesses.

The company’s core activities include upstream exploration and production of crude oil and natural gas, midstream and trading operations, and downstream refining, marketing and supply of fuels, lubricants and petrochemicals.