
April 29 (Reuters) - BP PLC BP.L:
BP PLC - 1Q25 SEA
BP: EXPECT 2025 CAPITAL EXPENDITURE OF AROUND $14.5 BILLION
BP: FOR Q1, WE HAVE ANNOUNCED A DIVIDEND PER ORDINARY SHARE OF 8 CENTS AND A SHARE BUYBACK OF $750 MILLION.
BP - 2025 CONTINUES TO EXPECT REPORTED UPSTREAM PRODUCTION TO BE LOWER AND UNDERLYING UPSTREAM PRODUCTION TO BE SLIGHTLY LOWER COMPARED WITH 2024
BP: WE ARE ALSO MAKING GOOD PROGRESS ON DIVESTMENTS AND NOW EXPECT PROCEEDS OF $3-4 BILLION THIS YEAR
BP: CONFIDENT IN MEETING OUR NET DEBT TARGET OF $14-18 BILLION BY END OF 2027
BP - IN 2025 EXPECTS UNDERLYING PRODUCTION FROM OIL PRODUCTION & OPERATIONS TO BE BROADLY FLAT & PRODUCTION FROM GAS & LOW CARBON ENERGY TO BE LOWER
BP - CONTINUES TO EXPECT OTHER BUSINESSES & CORPORATE UNDERLYING ANNUAL CHARGE TO BE AROUND $1.0 BILLION FOR 2025
BP: LOOKING AHEAD, BP EXPECTS Q2 2025 REPORTED UPSTREAMPRODUCTION TO BE BROADLY FLAT COMPARED WITH FIRST-QUARTER 2025
BP - EXPECTS DIVESTMENT AND OTHER PROCEEDS TO BE AROUND $3-4 BILLION IN 2025
Source text: [ID:]