BP flags USD 3.0-4.5 billion impairments and BP stock costs EUR 7.24

Published on 10/16/2026 at 10:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BP's third-quarter update points to USD 3.0-4.5 billion impairments. BP stock costs EUR 7.24 on October 16, 2026 after a EUR 7.25 Xetra close.

Impairments and earnings dates

BP expected USD 3.0 billion to USD 4.5 billion of impairments for the third quarter on October 13, 2026.
BP's refining indicator margin reached USD 46.70 per barrel in the third quarter versus USD 29.60 in the second quarter.
BP stock traded at EUR 7.24 at 10:41 a.m. CEST at Lang & Schwarz on October 16, 2026, minus 0.14 percent versus the Xetra close of October 15, 2026.

Aquarellmalerei der Londoner Skyline mit St. Paul's Cathedral in zarten Pastell-Abenddüften — BP plc GB0007980591 mit Londoner Heimatstadt – St. Paul's Cathedral in weichen Pastellfarben gemalt, Illustration mit AI erstellt.

BP (ISIN GB0007980591) flagged USD 3.0 billion to USD 4.5 billion of third-quarter impairments on October 13, 2026, while BP stock cost EUR 7.24 at Lang & Schwarz on October 16, 2026. The filing, carried by Stock Titan, also put expected third-quarter net debt at USD 13.5 billion to USD 14.5 billion, compared with USD 22.3 billion in the second quarter. The figures frame a mixed update: stronger operating conditions are arriving alongside another charge against transition assets.

Trading statement sets the terms

The impairment range is primarily tied to BP's gas and low-carbon energy businesses and will be excluded from underlying replacement cost profit, according to the filing dated October 13, 2026. The same statement scheduled BP's third-quarter results for October 30, 2026, giving investors a defined date for testing whether operating gains outweigh the accounting charges.

What does refining mean for earnings?

The operating backdrop is materially stronger in refining. BP's refining indicator margin was USD 46.70 per barrel in the third quarter, up from USD 29.60 in the second quarter and USD 15.80 a year earlier, Reuters reported on October 13, 2026. BP said the improvement could add USD 1.9 billion to USD 2.1 billion to products-segment profit versus the second quarter. The counter-factor is scale: expected throughput of 1,375 to 1,405 thousand barrels per day is below the second-quarter level of 1,467 thousand barrels per day.

Three dates define the next test

BP's chronology runs from second-quarter results on August 4, 2026, when attributable profit reached USD 3.911 billion, to JPMorgan's October 8, 2026 price-target increase to GBp 700.00 from GBp 675.00, as listed by MarketWatch, and then the October 13, 2026 trading statement with its USD 3.0 billion to USD 4.5 billion impairment range.

The next two dated milestones are the third-quarter results on October 30, 2026, and BP's strategy and outlook update on December 15, 2026, in New York City. Both dates are stated in the October 13 filing.

Stock price and balance-sheet context

BP's market capitalization was GBP 93.9 billion on October 16, 2026, while its primary listing is on the London Stock Exchange. The combination of a lower projected net-debt burden and large transition impairments leaves the October 30 results as the next numerical test.

BP was trading at EUR 7.24 at Lang & Schwarz on October 16, 2026 at 10:41 a.m. CEST, minus 0.14 percent versus the Xetra close of October 15, 2026 at EUR 7.25. The further course of trading is shown by the continuously updated real-time quote of BP stock.