bp posts 304% jump in third-quarter net income to $4.7bn
bp has reported a 304% year-on-year increase in the Q3 2026 net profit to $4.7bn, driven by stronger refining margins and higher trading performance.
British oil and gas company bp has reported a 304% year-on-year increase in the third quarter of 2026 (Q3 2026) net profit to $4.7bn, driven by stronger refining margins and higher trading performance.
The result compared with $1.2bn in the third quarter of 2025 and $3.9bn in the preceding quarter.
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Reported profit included $1.6bn of inventory holding gains after tax, while adverse adjusting items after tax totalled $5.4bn.
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