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Underlying RC EBIT by Segment
Tracks earnings before interest and taxes for each segment, adjusted for replacement cost, providing insight into operational efficiency and profitability.BP’s segment profitability has moved from 2022’s commodity windfalls to earnings driven by operational execution and trading: Oil Production has normalized below peak but is steadier, Gas & Low Carbon has eased from its highs, and Customers & Products shows a sharp rebound in the latest quarter consistent with record refinery throughput and strong oil trading. That rebound masks weak refining margins and a large working‑capital build that lifted net debt; management’s pause of buybacks and focus on deleveraging mean future returns depend on sustaining trading/refining momentum and successful commercialization of recent discoveries.
Date | Gas & Low Carbon Energy | Oil Production & Operations | Customers & Products | Upstream | Downstair | Rosneft | Other Business & Corporate | Consolidation Adjustment |
|---|---|---|---|---|---|---|---|---|
Jun 30, 2026 | $2.12B | $3.58B | $4.95B | $0.00 | $0.00 | $0.00 | -$345.00M | $0.00 |
Mar 31, 2026 | $1.34B | $1.98B | $3.20B | $0.00 | $0.00 | $0.00 | -$300.00M | $0.00 |
Dec 31, 2025 | $1.39B | $1.96B | $1.35B | $0.00 | $0.00 | $0.00 | -$304.00M | $21.00M |
Sep 30, 2025 | $1.52B | $2.30B | $1.72B | $0.00 | $0.00 | $0.00 | -$189.00M | -$19.00M |
Jun 30, 2025 | $1.46B | $2.26B | $1.53B | $0.00 | $0.00 | $0.00 | -$38.00M | $30.00M |
Mar 31, 2025 | $997.00M | $2.90B | $677.00M | $0.00 | $0.00 | $0.00 | -$117.00M | $13.00M |
Dec 31, 2024 | $1.99B | $2.92B | -$302.00M | $0.00 | $0.00 | $0.00 | -$527.00M | -$49.00M |
Sep 30, 2024 | $1.76B | $2.79B | $381.00M | $0.00 | $0.00 | $0.00 | $231.00M | $65.00M |
Jun 30, 2024 | $1.40B | $3.09B | $1.15B | $0.00 | $0.00 | $0.00 | -$158.00M | -$73.00M |
Mar 31, 2024 | $1.66B | $3.13B | $1.29B | $0.00 | $0.00 | $0.00 | -$154.00M | $32.00M |