Reconciliations of underlying RC profit attributable to bp shareholders to the nearest equivalent IFRS measure are provided on page 1 for the group and on pages 6-14 for the segments. | --- | --- | --- | |-----------------------------------------------|------------------|-------------------------| | Operating Metrics \nOperating metrics | Nine months 2023 | vs Nine months 2022 | | Tier 1 and tier 2 process safety events* | 29 | -7 | | Reported recordable injury frequency* | 0.255 | +31.8% | | upstream* prod ...

So the first thing is we have a large green electricity demand ourselves, 5 to 10 gigawatts. hydrocarbons and the TGEs, I hope you will agree, I hope you might agree that what you see from BP is evidence of our strategy in action, underpinning the confidence we have in the operational and financial momentum we expect through the rest of the year and as we work towards achieving our 2025 targets. In oil production operations, the result reflects lower realizations. And in customer and products, the products ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 1 ST JAMES'S SQUARE, LONDON, SW1Y 4PD, ENGLAND (Address of principal executive offices) Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Top of page 1 Report of Foreign Issuer BP p.l.c. (Translation o ...

You close on Shah Deniz, firstly. Craig Marshall It was just a follow-up two points in the interest of having everybody online. I think, just to confirm on Shah Deniz, yes, we have spare capacity. I think Murray said 5%. I think it's around 10%. Basically, where we are on Shah Deniz just now is the European lag of the Southern Gas Corridor is operating, however, at full capacity. So as we look at opportunities there to expand that capacity the TAP pipeline has already launched a first level expansion. There ...

Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 Form 6-K 1 ST JAMES'S SQUARE, LONDON, SW1Y 4PD, ENGLAND (Address of principal executive offices) Exhibit 1.1 BP p.l.c. Group results "For a printer friendly version of this announcement please click on the link below to open a PDF version of the announcement" http://www.rns-pdf.londonstockexchange.com/rns/9813X_1-2023-5-1.pdf Bernard Looney Chief executive officer RC profit (loss), underlying RC profit (loss), surplus cash flow, net de ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) or (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended 31 December 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 193 ...

BP p.l.c. (NYSE:BP) Q4 2022 Earnings Conference Call February 7, 2023 4:00 AM ET Company Participants Craig Marshall - Group Head, IR Bernard Looney - CEO Murray Auchincloss - CFO Emma Delaney - EVP, Customers & Products Gordon Birrell - EVP, Production & Operations Giulia Chierchia - EVP, Strategy, Sustainability & Ventures Carol Howle - EVP, Trading & Shipping Conference Call Participants Lydia Rainforth - Barclays Bank Lucas Herrmann - BNP Paribas Exane Oswald Clint - Sanford C. Bernstein & Co. Christoph ...

Financial Performance - Underlying replacement cost profit for Q4 2022 was $4.8 billion, down from $8.2 billion in Q3 2022, impacted by lower oil and gas realizations and higher refinery maintenance activity[19] - Reported profit for Q4 2022 was $10.8 billion, compared to a loss of $2.2 billion in Q3 2022, with an underlying effective tax rate of 40% for Q4[19] - Operating cash flow for Q4 2022 was $13.6 billion, including a working capital release of $4.2 billion[7] - The company reported a net loss of $1,984 million for the full year 2022, compared to a profit of $8,487 million in 2021[161] - Total comprehensive income for the year was $13,170 million, a decrease of 3,909 million compared to the previous year[162] - The company reported a total comprehensive income of $10,759 million for the year 2022, compared to $36 million in 2021[180] Debt and Cash Management - Net debt reduced to $21.4 billion, marking the eleventh consecutive quarter of debt reduction[7] - The company reported a net debt of $42,590 million as of December 31, 2022, down from $62,946 million at the end of 2021[91] - Total net debt decreased to $21,422 million in Q4 2022 from $30,613 million in Q4 2021, reflecting a significant reduction of 30% year-over-year[102] - The company bought back a total of $7.4 billion of finance debt year to date, compared to $11.0 billion in the same period of 2021[74] - The cash and cash equivalents at the end of 2022 were $29,195 million, a decrease from $30,681 million in 2021[185] Capital Expenditure - Capital expenditure for Q4 2022 was $7.4 billion, with full-year capital expenditure totaling $16.3 billion[7] - BP plans to allocate $16-18 billion for capital expenditure in 2023, with a focus on disciplined investment allocation[20] - Capital expenditure for the full year 2022 was $16.3 billion, an increase from $12.8 billion in 2021, driven by acquisitions completed in Q4 2022[40] - The total capital expenditure for the fourth quarter of 2022 was $1,430 million, compared to $1,272 million in the fourth quarter of 2021, indicating a 12% increase[121] - The total capital expenditure for 2022 was $6,252 million, significantly higher than $2,872 million in 2021[130] Shareholder Returns - A $2.75 billion share buyback was announced, with a commitment to use 60% of surplus cash flow for share buybacks in 2023[8] - The dividend per ordinary share was increased by approximately 10% to 6.610 cents, supported by strong underlying performance[20] - The total dividends paid were $4,365 million, reflecting a commitment to shareholder returns[163] - BP raised its dividend by 21% since Q4 2021 and reduced net debt by $9.2 billion during 2022[35] Production and Reserves - The company expects reported upstream production to be broadly flat in 2023 compared to 2022, with slight increases in oil production and decreases in gas and low carbon energy[32] - bp's reported production for Q4 2022 was 956 mboe/d, which is 1.8% lower than the same period in 2021[54] - Reported production for the full year 2022 was 957 mboe/d, representing a 4.9% increase from the same period in 2021 due to the ramp-up of major projects[67] - The organic reserves replacement ratio for 2022 was 20%, a decrease from 50% in 2021, primarily due to price-related reserves reductions[29] Strategic Initiatives - BP completed the acquisition of Archaea Energy, enhancing its biogas strategy and contributing to its transformation into an Integrated Energy Company[9] - The company completed the acquisition of Archaea Energy Inc., enhancing its strategic bioenergy business[127] - The company has decided to focus on scaling businesses within its five transition growth engines, ceasing the search for new companies for its Launchpad accelerator[157] Environmental and Renewable Energy - The renewables pipeline at the end of Q4 2022 was 37.2 GW, with an increase of 10.3 GW during the quarter, primarily due to hydrogen support projects in Australia[68] - The installed renewables capacity increased to 2.2 GW in the fourth quarter of 2022, up from 1.9 GW in the fourth quarter of 2021[115] - The Cherry Point refinery in the US doubled its renewable diesel production capacity to over 7,000 barrels a day[166] - The company made a $20 million AUD investment in 5B Holdings Pty Ltd for solar power technology[175] Market Conditions - The average realizations for total hydrocarbons in the fourth quarter of 2022 were $57.60 per boe, compared to $43.68 per boe in the fourth quarter of 2021, reflecting a 32% increase[115] - The average realizations for liquids in Q4 2022 were $80.43 per barrel, compared to $62.57 per barrel in Q4 2021, indicating a 28.6% increase[144] - The average refining marker margin for the fourth quarter was $32.2 per barrel, compared to $15.1 per barrel in the same quarter of 2021[172]

TravelCenters of America Inc. (TA) Q3 2022 Earnings Conference Call November 2, 2022 10:00 AM ET Company Participants Stephen Colbert – Director-Investor Relations Jon Pertchik – Chief Executive Officer Peter Crage – Chief Financial Officer Conference Call Participants Bryan Maher – B. Riley Securities Ari Klein – BMO Brandon Cheatham – Citi Research John Lawrence – Benchmark Operator Good morning, and welcome to TravelCenters of America Third Quarter 2022 Earnings Conference Call. All participants will be ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 for the period ended 01 November, 2022 BP p.l.c. (Translation of registrant's name into English) 1 ST JAMES'S SQUARE, LONDON, SW1Y 4PD, ENGLAND (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F |X| Form 40-F --------------- ------ ...