BP has announced a dividend per ordinary share of 8.320 cents.Dividends payable. BP today announced an interim dividend of 8.320 cents per ordinary share which is expected to be paid on 26 June 2026 to ordinary shareholders and American Depositary Share (ADS) holders on the register on 15 May 2026. The ex-dividend date will be 14 May 2026 for ordinary shareholders and 15 May 2026 for ADS holders.
Other financial highlights include:
• Strong upstream operations: 1Q 2026 upstream plant reliability improved to 95.7% (4Q25 95.4%); reported production broadly flat as higher production in the Gulf of America and strong performance in bpx Energy offset the impact of disruptions in the Middle East and a North Sea divestment at the end of 2025.
• Improved downstream reliability; focused on running assets safely to meet customer demand: refining availability improved to 96.3% (4Q25 96.0%) and above our target of 96% availability.
• Strong financial performance: 1Q 2026 underlying RC profit $3.2 billion; operating cash flow $2.9 billion after taking into account a $6.0 billion adjusted working capital build largely driven by the rising price environment in addition to the seasonal inventory builds.
• Continued strategic progress: announced agreement to sell Gelsenkirchen refinery. On transaction completion, their structural cost reduction target will increase by $1 billion to $6.5-7.5 billion by 2027. Subject to market conditions, they now plan to reduce corporate hybrid bond financing by around $4.3 billion to approximately $9 billion by end 2027.
