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BP Posts $5.73B Q2 Profit, Raises Dividend, Sells Assets

8/4/2026

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Summary

Story summary

BP reported second-quarter profit of $5.73 billion, twice last year’s level.
CEO Meg O’Neill announced the sale of BP’s North Sea assets and its renewable gas unit.
BP raised its dividend to 8.66 cents per share and generated $10.9 billion cash flow.
President Donald Trump and Greenpeace’s Angharad Hopkinson criticized BP, with Trump saying majors must cut prices and Hopkinson calling it a “price-shock profiteer.”

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Story summary

BP reported second-quarter profit of $5.73 billion, twice last year’s level.
CEO Meg O’Neill announced the sale of BP’s North Sea assets and its renewable gas unit.
BP raised its dividend to 8.66 cents per share and generated $10.9 billion cash flow.
President Donald Trump and Greenpeace’s Angharad Hopkinson criticized BP, with Trump saying majors must cut prices and Hopkinson calling it a “price-shock profiteer.”