BP's Q2 profit jumps 144% to $5.7 bn on energy‑price shock
BP reported underlying replacement‑cost profit of $5.7 bn in Q2 2026, a 144 % rise versus the prior quarter, driven by soaring oil prices. The surge lifts cash flow above $10 bn and strengthens the balance sheet, underscoring how the current energy shock is directly boosting shareholder returns.