BP beats third-quarter profit expectations on higher oil and gas production

Last updated: | Reading Time: 1 minutes
British oil giant BP on Tuesday reported third-quarter net profit of $2.21 billion, beating analyst expectations.

British oil giant BP on Tuesday reported stronger-than-expected third-quarter profit as higher crude and gas production outweighed a weak oil trading result. Does BP beats third-quarter? Let’s see.

The London-listed oil and gas major posted underlying replacement cost profit, used as a proxy for net profit, of $2.21 billion for July-September period. That beat analyst expectations of $2.03 billion, according to an LSEG-compiled consensus.

BP’s third-quarter net profit came in at $2.3 billion last year and $2.35 billion in the second quarter of 2025.

Click here to read the full article
Source: CNBC

—

Do you have any questions or thoughts on how BP beats third-quarter?  Feel free to contact us here or leave a comment below.

You might also like
An effort to expand access to oil and gas production courses to other high schools in TX and NM is underway.An effort to prepare West Texas students to work in the oil and gas industry is expanding
BP now sees 2050 oil demand forecast to 83M barrels/day, 8% higher than prior estimate, signaling rising long-term oil use.BP predicts higher oil and gas demand, suggesting world will not hit 2050 net zero target
Unlock the potential of Texas oil and gas industry with Overriding Royalty Interests (ORRI). Explore advantages, risks, and key considerations for landowners and investors in this comprehensive guide.Overriding Royalty Interests in Texas: A Comprehensive Guide
Discover the challenges and opportunities of oil and gas development on tribal lands, focusing on economic growth, legal complexities, and environmental considerations.Oil and Gas Development on Tribal Land: Unique Challenges and Opportunities
Estate planning with oil and gas interestsEstate planning with oil and gas interests
Crude oil prices are set for a third consecutive weekly gain due to ongoing hostilities between Israel and Iran.Oil prices climb for third straight week
New USGS study finds 473M barrels of oil, 27T cubic feet of gas in WY, CO, UT—signaling major boost for U.S. energy supply and economy.DOI says new USGS study finds ‘significant’ undiscovered oil, gas resources
The IEA predicts an increase in oil and gas consumption through 2050, with the US set to remain the world’s largest producer.IEA predicts increase in oil and gas consumption by 2050
ExxonMobil adds to Permian portfolio with 80,000-acre buyExxonMobil acquired 80,000+ net acres in the Permian Basin from China’s Sinochem, boosting its U.S. oil footprint.The total number of active drilling rigs for oil and gas in the US rose this week, Baker Hughes reported Friday.Oil and gas rig count ticks up in the US as production hits new high