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BP Suspends $7.5 Billion Quarterly Buyback to Strengthen Financial Position

Amid performance pressures, the company prioritizes balance sheet fortification over shareholder...
February 10, 2026 by
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Key Metrics

12.24

Heat Index
  • Impact Level
    Medium
  • Scope Level
    Global
  • Last Update
    2026-02-10
Key Impacts
Positive Impacts (1)
Renewable Energy Project Developers
Negative Impacts (7)
BP plc (Ticker: BP)
FTSE-100 Index
BP Corporate Bonds
Global Integrated Oil Majors (ExxonMobil, Chevron, Shell, TotalEnergies)
Oilfield Services & Equipment Providers (e.g., Schlumberger, Halliburton)
High Shareholder-Yield / Buyback-Focused ETFs (e.g., PKW, SYLD)
Total impacts: 8 | Positive: 1 | Negative: 7
Event Overview

Amid performance pressures, the company prioritizes balance sheet fortification over shareholder returns, signaling a shift in financial strategy. The move reflects broader economic and industry challenges, impacting capital allocation and long-term expenditure plans.

Collect Records
BP Halts $7.5 Billion Quarterly Stock Buyback Program
2026-02-11 00:55

BP has decided to halt its $7.5 billion quarterly stock buyback program to strengthen its balance sheet, amid significant pressure to improve performance. The company has also withdrawn its guidance of returning 30%-40% of operating cash flow to shareholders and plans to keep its 2026 capital expenditure at the lower end of its forecasted range. As of the end of last year, BP's net debt stood at approximately $22.2 billion, making it the only one among the world's top five oil companies without a stock buyback plan.

Total records: 1
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