BP Reports Significant Losses in Fourth Quarter Earnings

BP has announced considerable losses in its recent quarter and fiscal year. The fourth quarter loss reached $1.96 billion, impacting earnings per share. Investors may view this downward trend in earnings and revenue as a potential concern for stock performance.

Date: 11-02-2025

AI Rating: 3

Earnings Per Share (EPS): BP reported a loss per share of 12.33 cents in the fourth quarter, down from a profit of 2.15 cents year-over-year. For fiscal 2024, EPS also dropped to 2.32 cents from 85.85 cents in the prior year. This decline indicates significant challenges in profitability.

Revenue Growth: Total revenues fell from $52.59 billion in the fourth quarter last year to $48.09 billion this quarter, and for the fiscal year, revenues decreased to $194.63 billion from $213.03 billion. This consistent decline in revenue can negatively impact investor sentiment.

Net Income: The net income for the fourth quarter showed a substantial loss of $1.96 billion compared to a profit of $371 million the previous year. Additionally, for fiscal 2024, net income was reported at $381 million, a stark decrease from $15.24 billion the prior year, raising concerns about overall financial health.

Profit Margins: Underlying replacement cost profit for the fourth quarter dropped to $1.17 billion from $2.99 billion, and for fiscal 2024, it decreased to $8.91 billion from $13.84 billion. The decline in profit margins underscores the challenges BP faces in maintaining profitability.

Given these financial metrics, BP might experience downward pressure on its stock price as investors react to the significant declines in earnings and revenue.

Stocks: BP