BP | Q2 2025: Strong profit growth, stable cash flow and return to higher dividends
BP entered the second half of 2025 in good shape. Despite volatile oil and gas prices, the company has delivered a strong operational and financial performance. Key to these results was a combination of robust refinery margins, strong oil and gas trading and higher volumes in the upstream segment. In addition, improved efficiencies and a lower tax burden helped return the company to a growth trajectory, which management is accompanying with a 4% dividend increase and a new $750 million share repurchase.

Operationally, BP $BPremains very active. In the second quarter, it launched five new major oil and gas projects, approved four others, and announced ten discoveries, including a major discovery in Brazil's Bumerangue block. The company continues to strengthen its position in the low-carbon energy sector, while leveraging strong cash flow from traditional operations to drive shareholder returns. Halfway through the year, BP confirms that it can combine investment in the transition to…