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Oct 14, 2025 8:00 AM

BP Projects Big Impairment Hit While Trading Remains Weak

BP p.l.c. (NYSE:BP) shares are trading lower premarket on Tuesday. The company posted a trading update ahead of its third-quarter 2025 results scheduled for November 4, 2025.

The company projects quarterly results to include post-tax adjusting items for asset impairments of $200 million to $500 million across segments.

The oil and gas giant expects upstream production to rise versus the previous quarter, on higher output in both oil production and operations and in gas and low-carbon energy segments.

Also Read: BP Just Approved A $5 Billion Oil Project

In the gas and low carbon energy segment, BP projects realizations ...