BP 3Q 2026 underlying replacement cost profit more than triples year on year to $8.46 billion
- BP’s third-quarter 2026 underlying replacement cost profit rose 48% from the second quarter to $8.46 billion.
- The increase mainly reflected significantly higher realized refining margins and a significantly stronger gas marketing and trading result.
- Quarter-end net debt, a non-IFRS measure, fell 38% from the second quarter to $13.87 billion, reflecting stronger cash generation.
- Portfolio simplification included completing the Gelsenkirchen refinery sale and agreeing to sell the Austrian mobility and convenience business.
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