BP warns of 'weak' gas trading and climbing debt

BP forecasts a decline in upstream production in the first quarter, shares fall

BP forecasts a decline in upstream production in the first quarter, shares fall

BP warns of 'weak' gas trading and climbing debt

Energy group BP expects first-quarter gas marketing and trading earnings to be "weak" while net debt will rise, the company said on Thursday, sending its shares down in early trading.

BP Flags Weak Natural Gas Trading for Q1

BP expects to post a weak natural gas trading result for the first quarter, as well as lower gas output, as the UK-based supermajor is resetting its strategy back to core oil and gas operations. Reported upstream production in the first quarter is expected to be lower compared to the prior quarter, with oil production slightly higher and gas and low-carbon energy output lower, including announced divestments in Egypt and Trinidad completed towar…

BP lowers outlook for gas production in first quarter and flags ‘weak’ trading

The energy giant said net debt will be about £3.1 billion higher at the end of the first quarter of 2025.

BP Warns of Rising Debt Amid Lower Output, Weak Gas Trading

BP Plc said debts mounted in the first quarter, yet another setback for the UK energy major as it struggles to turn its finances around.

BP flags weak natural gas trading for Q1 – Oil & Gas 360

(Oil Price) – BP expects to post a weak natural gas trading result for the first quarter, as well as lower gas output, as the UK-based supermajor is resetting its strategy back to core oil and gas operations. Reported upstream production in the first quarter is expected to be lower compared to the prior quarter, with oil production slightly higher and gas and low-carbon energy output lower, including announced divestments in Egypt and Trinidad co