# BP expects Q3 production of 2.19–2.24 million barrels of oil equivalent a day > BP forecasts Q3 upstream output of 2.19–2.24 million boe/day, net debt of $13.5–14.5bn and $3–4.5bn of post-tax impairment-related adjustments; full results due October 30. - Canonical URL: https://newsverum.com/en/news/bp-q3-2026-trading-statement-forecasts-and-net-debt - Publisher: Newsverum - Section: Energy - Country: United Kingdom - Published: 2026-10-13T10:04:10+00:00 - Updated: 2026-10-13T10:04:10+00:00 - Event / data period: 2026-10-13 - Other editions: [Türkçe](https://newsverum.com/tr/news/bp-q3-2026-trading-statement-forecasts-and-net-debt.md), [العربية](https://newsverum.com/ar/news/bp-q3-2026-trading-statement-forecasts-and-net-debt.md), [Français](https://newsverum.com/fr/news/bp-q3-2026-trading-statement-forecasts-and-net-debt.md), [Español](https://newsverum.com/es/news/bp-q3-2026-trading-statement-forecasts-and-net-debt.md), [Deutsch](https://newsverum.com/de/news/bp-q3-2026-trading-statement-forecasts-and-net-debt.md), [Português](https://newsverum.com/pt/news/bp-q3-2026-trading-statement-forecasts-and-net-debt.md) BP’s October 13 trading statement forecasts third-quarter upstream production of 2.19–2.24 million barrels of oil equivalent per day. It gives 775,000–795,000 boe/day for the gas and low-carbon energy segment and 1.415–1.445 million boe/day for oil production and operations. BP also expects net debt of $13.5–14.5 billion at quarter end, compared with $22.3 billion at the end of the second quarter. These are company guidance ranges, not final reported results. BP estimates $3–4.5 billion of post-tax adjusting items relating to impairments, excluding the underlying replacement-cost profit measure. The statement also lists quarterly benchmark markers: Brent at $96.99 per barrel versus $103.85 in Q2, Henry Hub at $2.96 versus $2.90 per million British thermal units, and refining indicator margin at $46.7 versus $29.6 per barrel. These are reference markers, not BP realized sales prices. Full Q3 results are due on October 30. ## Data ### BP third-quarter guidance Production and balance-sheet guidance in BP’s October 13 trading statement. Methodology: Company guidance bounds are shown separately and labeled; Q2-end net debt is the historical comparison. The $3–4.5 billion refers only to post-tax adjusting items relating to impairments. | Detail reported by source | |---| | Q3 upstream production guidance: 2.19–2.24 million boe/day; gas and low-carbon energy segment: 775–795 thousand boe/day; oil production and operations: 1.415–1.445 million boe/day. Q3-end net debt forecast: $13.5–14.5 billion versus $22.3 billion at Q2 end. Post-tax adjusting items relating to impairments: $3–4.5 billion, excluding underlying replacement-cost profit. | Sources: · Download data: [JSON](https://newsverum.com/api/v1/articles/bp-q3-2026-trading-statement-forecasts-and-net-debt/data/source-reported-details?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/bp-q3-2026-trading-statement-forecasts-and-net-debt/data/source-reported-details?lang=en&format=csv) ### BP third-quarter company guidance Ranges in BP’s October 13 trading statement. Production is in million barrels of oil equivalent per day; financial items are billion US dollars. Methodology: BP forecasts with lower and upper bounds shown separately; full results are due October 30. Source production values in thousand boe/day are divided by 1,000 to express million boe/day. Period 2026-09 denotes the final month of Q3 and 2026-06 the final month of Q2. | label | value | unit | period | basis | value_qualifier | |---|---|---|---|---|---| | Q3 upstream production: lower bound | 2.19 | million boe/day | 2026-09 | forecast | lower-bound | | Q3 upstream production: upper bound | 2.24 | million boe/day | 2026-09 | forecast | upper-bound | | Gas and low-carbon energy segment: lower bound | 0.775 | million boe/day | 2026-09 | forecast | lower-bound | | Gas and low-carbon energy segment: upper bound | 0.795 | million boe/day | 2026-09 | forecast | upper-bound | | Oil production and operations: lower bound | 1.415 | million boe/day | 2026-09 | forecast | lower-bound | | Oil production and operations: upper bound | 1.445 | million boe/day | 2026-09 | forecast | upper-bound | | Quarter-end net debt: lower bound | 13.5 | billion USD | 2026-09 | forecast | lower-bound | | Quarter-end net debt: upper bound | 14.5 | billion USD | 2026-09 | forecast | upper-bound | | Net debt at Q2 end | 22.3 | billion USD | 2026-06 | observed | | | Post-tax adjusting items relating to impairments: lower bound | 3 | billion USD | 2026-09 | forecast | lower-bound | | Post-tax adjusting items relating to impairments: upper bound | 4.5 | billion USD | 2026-09 | forecast | upper-bound | Sources: · Download data: [JSON](https://newsverum.com/api/v1/articles/bp-q3-2026-trading-statement-forecasts-and-net-debt/data/bp-q3-company-guidance?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/bp-q3-2026-trading-statement-forecasts-and-net-debt/data/bp-q3-company-guidance?lang=en&format=csv) ## Sources - [BP plc RNS third-quarter 2026 trading statement]() (Source checked: 2026-10-13; Published: 2026-10-13) --- Cite the canonical URL above. 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