BP PLC (NYSE:BP) is a global energy company involved in oil and gas exploration, production, refining, and distribution. It competes with other major players like ExxonMobil and Shell. On August 5, 2025, BP reported earnings per share (EPS) of $0.90, surpassing the estimated $0.68. The company also reported revenue of approximately $46.63 billion, exceeding the estimated $40.43 billion.
BP's second-quarter profit of $2.35 billion, calculated using its preferred measure of underlying replacement cost profit, exceeded the $1.81 billion consensus forecast compiled by LSEG. This demonstrates BP's resilience amid global energy price fluctuations. The company's strong performance highlights its strength in upstream operations, as noted by its ability to surpass market forecasts.
BP's adjusted earnings per share for the second quarter of 2025 were 15.03 US cents, a significant increase from 8.75 cents in the first quarter. This performance surpassed the consensus estimate of 11.71 cents, although it was slightly down from 16.61 cents a year ago. The company also announced a larger-than-anticipated dividend and a new $750 million share buyback, reflecting its commitment to returning value to shareholders.
The company declared a dividend of 8.32 cents per share, marking a 4% increase year-on-year and surpassing the consensus forecast of 8 cents. BP's operating cash flow was reported at $6.27 billion, a substantial rise from $2.8 billion in the first quarter. Although slightly below the $8.1 billion from the previous year, it was above the expected $6.15 billion. Additionally, BP's net debt decreased by approximately $1 billion during the quarter, bringing it down to $26 billion at the half-year mark.
The company has a price-to-sales ratio stands at 0.45, suggesting that investors are paying 45 cents for every dollar of sales. BP's enterprise value to sales ratio is 0.65, and its enterprise value to operating cash flow ratio is 4.84, reflecting the company's valuation in relation to its cash flow. The debt-to-equity ratio of 1.22 indicates significant debt financing relative to equity, while the current ratio of 1.22 suggests a reasonable level of liquidity to cover short-term liabilities.
