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BP's Balance Sheet Inflection Has Arrived -- Market Talk

BP's Balance Sheet Inflection Has Arrived -- Market Talk

Dow JonesDow Jones2026/10/30 10:35

1035 GMT - BP's net debt could fall even further as it awaits the "imminent" arrival of $6 billion from the disposal of Castrol, J.P. Morgan's Matthew Lofting writes. Total financial obligations have fallen by $9.3 billion, or 20% over the period, as the company prioritizes its balance sheet, he says. Shares trade 0.5% higher at 627.20 pence.(adam.whittaker@wsj.com)

(END) Dow Jones Newswires

October 30, 2026 06:35 ET (10:35 GMT)

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