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Investors

bp is pursuing its strategy to become an integrated energy company delivering solutions to customers

2Q 2023 results

Our resilient performance, strategic progress and outlook for cash flow is reflected in a quarterly dividend increase of 10% and a further $1.5 billion share buyback 

 

Another quarter of performing while transforming. Our underlying performance was resilient with good cash delivery - during a period of significant turnaround activity and weaker margins in our refining business. We’re delivering our strategy at pace - we’ve started up two major oil and gas projects to help keep energy flowing today and we’re accelerating our transformation through our five transition growth engines. And we’re delivering for shareholders growing our dividend and announcing a further share buyback. This reflects confidence in our performance and the outlook for cash flow, as well as continued progress reducing our share count"Bernard Looney,chief executive officer

 

An image of TravelCenters of America

bp TravelCenters of America investor announcement

bp's chief executive officer, Bernard Looney; chief financial officer, Murray Auchincloss; and EVP customers & products, Emma Delaney hosted a webcast on Thursday 16 February to discuss bp's agreement to purchase leading travel center operator, TravelCenters of America

Why invest in bp

A montage of images showing bp's varying types of business
We believe bp has a compelling investor proposition – one that will drive growing long-term shareholder value – and to do this we are focused on transforming from an International Oil Company (IOC) to an Integrated Energy Company (IEC) while remaining committed to performing as we transform. And we believe we can generate attractive returns in doing so.