BP forecasts its third-quarter net debt to fall to $13.5-$14.5 billion from $22.3 billion in Q2, driven by stronger refining margins and capital actions. Upstream production is steady, with gas and low-carbon output rising, while oil production slightly decreases due to reduced Latin America equity. Refining margins are expected to boost earnings by $1.9-$2.1 billion, despite weaker customer business results and post-tax impairments of $3-$4.5 billion mainly in transition businesses. BP will report Q3 results on October 30 and update its strategy on December 15 in New York.
BP's net debt is forecast to drop sharply to between $13.5 billion and $14.5 billion in Q3, supported by stronger refining margins. For readers following the Energy sector, here is Pluang's market snapshot as of Oct 13, 2026 11:01 WIB: 46 of 62 priced US Energy stocks rose today. Notable movers include Enphase Energy Inc (ENPH) at USD 31.45 with a 1-day change of -4.15%, YPF at USD 52.00 up 3.92%, and Uranium Energy Corp (UEC) at USD 8.85 down 3.70%.
Holafly has introduced the Ultra Plan, a new global eSIM subscription that offers unlimited mobile data alongside health and wellness services, including 24/7 medical messaging, mental health sessions, nutrition and fitness coaching, and veterinary a...
Investec Bank plc, acting as advisor and broker for Gooch & Housego plc, sold 2,013 ordinary shares at a price of 1,230 per share on October 12, 2026. This transaction was disclosed under the Takeover Code, indicating a client-serving capacity trade ...
Sveriges Riksbank announced an auction for certificates totaling 470 billion SEK with an interest rate of 1.75%, maturing on October 21, 2026. The bid and auction dates were October 13, 2026, with settlement on October 14. This auction is part of the...
Optimum Strategic Communications and Catalyst Advisors have launched an official Networking Event Guide for the Jefferies Global Healthcare Conference and London Life Sciences Week, held from November 15-20, 2026. The guide consolidates various recep...
Investec Bank plc, acting as joint broker for Gamma Communications Plc, disclosed its trading activities on October 12, 2026. The bank purchased 153,297 ordinary shares at prices between 1094 and 1094.5, and sold 65,648 shares at prices between 1094 ...
