FTSE 100 news / Companies and sectors / BP / 21 October 2026

BP (BP): news on Wednesday 21 October 2026

+2.0 slightly positive

Coverage was mixed: a subsea supply MoU with TechnipFMC, bullish commentary and a UBS Buy rating with a GBP 7.00 target were offset by BP flagging USD 3.0 billion of impairments ahead of its results.

What drove it

USD 3.0bn impairments
UBS Buy rating
TechnipFMC subsea MoU

The 4 stories

Each headline's own score, strongest first. Links go to the publisher.

+9.2 BP stock: UBS sets a GBP 7.00 target for BP stock at Buy rating AD HOC NEWS
UBS Buy rating with GBP 7.00 target.
−8.0 BP flags USD 3.0 billion impairments: October results test BP stock - ad-hoc-news.de ad-hoc-news.de
USD 3.0 billion impairments flagged ahead of results.
+7.0 TechnipFMC and bp Sign MoU for Supply of 20K Subsea Production Systems Yahoo Finance
MoU for large subsea systems supply; positive for project pipeline.
+5.2 Bullish on BP PLC The Globe and Mail
Bullish commentary on BP shares, though details are limited.

BP: every day · Oil and gas on 21 October 2026 · FTSE 100 overview for the day