BP reaches 2027 debt target. BP stock trades 1.49 percent above Xetra close

Published on 10/13/2026 at 09:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BP reported third-quarter net debt of USD 13.5-14.5 billion on October 13, 2026. BP stock costs EUR 7.09 versus EUR 6.99 Xetra close.

BP reported net debt of USD 13.5 billion to USD 14.5 billion at the end of the third quarter on October 13, 2026.
BP stock was trading at EUR 7.09 at Lang & Schwarz, plus 1.49 percent versus the Xetra close of October 12, 2026.
Second-quarter revenue reached USD 69.11 billion, while earnings per share came to USD 2.22 versus USD 1.87 consensus.
BP is scheduled to publish third-quarter results on October 30, 2026.

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BP (ISIN GB0007980591) was trading at EUR 7.09 at Lang & Schwarz on October 13, 2026 at 9:35 a.m. CEST, plus 1.49 percent versus the Xetra close of October 12, 2026 at EUR 6.99. Bloomberg reported on October 13, 2026, that BP had already reached its 2027 net debt target after stronger oil and gas trading and refining performance.

Debt target reached ahead of schedule

BP's net debt stood at USD 13.5 billion to USD 14.5 billion at the end of the third quarter, compared with the company's USD 14 billion to USD 18 billion target range for the end of 2027, Bloomberg reported. The comparison puts the reported debt range at the lower end of that future target band.

The balance-sheet improvement follows a strong second quarter. MarketBeat reported that second-quarter revenue reached USD 69.11 billion, up 106.10 percent year over year, while earnings per share came to USD 2.22 versus USD 1.87 consensus.

Three milestones shaped the reset

On August 4, 2026, BP reported second-quarter underlying replacement-cost profit of USD 5.73 billion, up from USD 3.20 billion in the first quarter, according to Gekko. On September 30, 2026, Wells Fargo raised its BP price target from USD 48.00 to USD 57.00, as reported by MarketBeat.

On October 13, 2026, the debt update added a third measurable step: BP's reported net debt range was below the lower end of its 2027 target range. For investors, the key issue is whether trading and refining gains can support debt reduction beyond a single quarter.

What comes next for BP?

BP is scheduled to publish third-quarter results on October 30, 2026, according to Gekko. BP's investor-relations page also lists a question-and-answer session for November 4, 2026, with the chief executive officer and chief financial officer.

The euro quote from Lang & Schwarz stood at EUR 7.09 in trading on October 13, 2026 at 9:35 a.m. CEST, plus 1.49 percent versus the Xetra close of October 12, 2026 at EUR 6.99. The further course of trading is shown by the continuously updated real-time quote of BP stock.