London, Feb 20, 2026, 08:47 GMT — Regular session
BP’s stock edged down nearly 1% to 474 pence as of 0825 GMT in London. Investors eyeing the 0.083-per-share cash dividend, payable March 27, need to be on the books by the Feb. 20 record date. (Fidelity International)
Oil stayed close to its strongest levels in half a year Friday after U.S. President Donald Trump imposed a 10- to 15-day window for striking an agreement with Iran. Brent inched up 33 cents to $71.99 a barrel, while U.S. WTI advanced 62 cents to $67.05, as of 0715 GMT. “Crude oil prices have edged to six-month highs as concerns over potential supply risks from the Strait of Hormuz keep markets on edge,” said Priyanka Sachdeva, senior market analyst at Phillip Nova. (Reuters)
BP grabbed some notice after the U.S. loosened sanctions on Venezuela’s energy industry earlier this month, according to Reuters. The company said it welcomed the decision, adding that it backs steps to keep planning the Manakin‑Cocuina cross-border gas field project with Trinidad and Tobago’s National Gas Company. (Reuters)
BP shares head into Friday after a strong surge. The stock jumped 3.38% Thursday to close at 4.79 pounds, just shy of its 52-week peak, with trading volume exceeding recent norms, according to MarketWatch data. (MarketWatch)
Oil prices have been carrying the sector lately. Brent ended Thursday at $71.66 a barrel, while U.S. WTI wrapped up at $66.43, both lifted by a wave of risk-on sentiment after Middle East headlines. “We have a solid market with solid demand,” said Phil Flynn, senior analyst at Price Futures Group. (Reuters)
The dividend calendar can throw a wrench in the tape. A stock tends to fall near its ex-dividend date, cutting off new buyers from the upcoming payout, despite no shift in the company’s underlying story.
When crude prices move, BP tends to ride the same currents as Shell and TotalEnergies. This day, it’s the big-picture macro story that’s steering things—at least for now.
The risk swings the opposite direction. Should tensions subside or supply worries diminish, that oil premium tends to vanish in a hurry—energy stocks might just surrender recent gains at the same clip.