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EnergyReader · 2026-08-06 14:07

BP Raises Dividend as War-Driven Crude Lifts Q2 Profits, but Output Falls

By EnergyReader Newsroom ·
BP PLC on Tuesday (2026-08-04) raised its quarterly dividend four percent to 8.66 cents per share after reporting underlying replacement cost profit of $5.73 billion, or $36.92 per share, for the second quarter. The result marks a sharp acceleration from the $3.2 billion posted in Q1 2026, driven by higher liquid realizations including price lags and production mix benefits.
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