Oct 30, 2026 earnings call — Prioritizing Deepwater Horizon liabilities and Q3 results
BP delivered $8.5 billion of underlying profit and will prioritize excess cash flow to address its remaining Deepwater Horizon liabilities in full.
Revenue $68.4B (est $63.1B) · EPS $3.26 (est $2.66)
Key quotes
"Our intent now is to prioritize the use of excess cash flow to address our remaining Deepwater Horizon liabilities in full."
"Refining availability improved to 96.5%, back above our target of 96%."
"Our ongoing review of the portfolio triggered a $4 billion impairment charge in the quarter, mainly in transition businesses."