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Operating Revenue by Segment
Shows how much revenue each business segment generates, highlighting which areas are driving growth and which may need strategic adjustments.BP’s segment mix reflects a reporting reset from 2021: Customers & Products is the clear revenue engine while Gas & Low Carbon Energy exhibits wide, commodity‑driven swings tied to trading and LNG optionality. Oil Production & Operations is a much smaller, volatile contributor—recent exploration (e.g., Bumerangue) provides upside but commercialization and timing remain uncertain. Management flagged strong refinery throughput yet weakening refining margins and a $6B working‑capital build that pushed net debt higher, so top‑line strength may not convert into near‑term shareholder returns as buybacks are paused and capital prioritizes deleveraging.
Date | Upstream | Downstream | Gas & Low Carbon Energy | Oil Production & Operations | Customers & Products | Other & Corporate |
|---|---|---|---|---|---|---|
Jun 30, 2026 | $0.00 | $0.00 | $10.87B | $524.00M | $57.45B | $262.00M |
Mar 31, 2026 | $0.00 | $0.00 | $9.10B | $352.00M | $42.49B | $317.00M |
Dec 31, 2025 | $0.00 | $0.00 | $10.27B | $408.00M | $36.49B | $213.00M |
Sep 30, 2025 | $0.00 | $0.00 | $9.35B | $324.00M | $38.63B | $124.00M |
Jun 30, 2025 | $0.00 | $0.00 | $8.84B | $235.00M | $37.50B | $53.00M |
Mar 31, 2025 | $0.00 | $0.00 | $10.05B | $684.00M | $36.12B | $53.00M |
Dec 31, 2024 | $0.00 | $0.00 | $9.06B | $596.00M | $35.83B | $265.00M |
Sep 30, 2024 | $0.00 | $0.00 | $8.14B | $608.00M | $38.58B | -$70.00M |
Jun 30, 2024 | $0.00 | $0.00 | $5.44B | $677.00M | $41.08B | $109.00M |
Mar 31, 2024 | $0.00 | $0.00 | $8.40B | $519.00M | $39.60B | $354.00M |