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BP Reports $1.54 Billion Q4 Profit, Suspends Buyback

2/10/2026

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Story summary
  • On February 10, 2026, BP reported Q4 profit of $1.54 billion, in line with expectations but missing full-year target of $7.49 billion.
  • BP suspended its $750 million share buyback to strengthen its balance sheet amid declining crude prices.
  • Net debt fell to $22.18 billion.
  • Operating cash flow rose to $7.6 billion.
  • Interim Chief Executive Carol Howle emphasized progress in results and strategic goals.