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BP Q1 RC Profit Rises On Sales Growth; Warns On FY26 Upstream Production

Corporate EarningsCorporate Guidance & OutlookCompany FundamentalsEnergy Markets & Prices

bp plc reported higher first-quarter replacement cost profit, supported by increased sales. The company also warned that weak upstream production could weigh on fiscal 2026 results. Overall the update is positive on near-term earnings but tempered by cautious forward guidance.

Analysis

bp plc reported higher first-quarter replacement cost profit, supported by increased sales. The company also warned that weak upstream production could weigh on fiscal 2026 results. Overall the update is positive on near-term earnings but tempered by cautious forward guidance.

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mildly positive

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