London, Feb 15, 2026, 11:55 GMT — The market has closed.
BP climbed 0.7% to close at 461 pence on Friday, having bounced from a session low of 451.95p up to 461.00p. Even with that move, shares remain roughly 3.6% lower for the week. Volume landed at about 35.5 million shares for the day. (Share Prices)
BP (BP.L) walks into Monday facing the usual suspects: crude price swings, shifting rate bets, and renewed questions about how much money can actually flow back to shareholders now that buybacks are on hold. London’s markets will be back in action after the weekend. (TradingHours)
Oil prices led moves toward the end of last week. Brent finished Friday at $67.75 a barrel, gaining 0.3% on the session. Still, the contract ended lower for the week, as softer U.S. inflation numbers encouraged some risk-taking, but chatter about extra OPEC+ barrels kept a lid on the rally. “Looks like inflation is stabilizing,” said Dennis Kissler, senior vice president of trading at BOK Financial. (Reuters)
BP’s U.S. shares gained 1.26% to close at $37.66 in New York on Friday, outstripping the uneven finish among major U.S. indexes. (MarketWatch)
In London, peer performance was mixed. Shell ended Friday at 2,872.5 pence, slipping marginally for the session. (Share Prices)
BP is still dealing with the aftermath of its move earlier this week to halt buybacks and shift focus toward paying down debt, plus roughly $4 billion in charges linked to renewables and biogas properties. Finance chief Kate Thomson told investors an update on buybacks could come once the debt goal is hit, but hitting that mark doesn’t guarantee buybacks will start up again. “I really don’t like taking impairments,” she added. (Reuters)
There’s a timing snag on the calendar. BP’s upcoming dividend goes ex-dividend on Feb. 19, with the payment due March 27, according to its most recent schedule. Investors picking up shares after Feb. 19 miss out on this round’s payout. (Barclays Smart Investor)
U.S. investors face a holiday break: the NYSE shuts down on Monday, Feb. 16, for Presidents Day. BP’s ADR? No trades in New York that day, though London will be open. (Nyse)
The risk is clear enough: a pullback in crude prices could quickly sap demand for the sector. Should geopolitical strains ease, or if future supply starts to look less constrained, the support propping up oil-linked shares would get shaky. BP, for its part, doesn’t have the same buyback “floor” as some peers, since it’s still focused on paying down debt.
BP stock watchers get their first cues Monday from the oil markets—does the rebound from Friday stick? After that, focus turns to how the dividend plays out and any hints about capital returns.
