BP strengthens its balance sheet after quarterly underlying profit reaches $8.46 billion
BP ($BP) reported third-quarter 2026 underlying replacement-cost profit of $8.458 billion, compared with $2.210 billion a year earlier and $5.732 billion in the previous quarter. Higher refining margins and stronger trading supported earnings. Operating cash flow reached $14.829 billion, enabling net debt to fall by approximately $8.4 billion during the quarter to $13.870 billion. Reported attributable profit was lower than the underlying measure at $4.696 billion. The reconciliation included $1
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