London — 11 November 2025 — BP plc shares edged higher in London on Tuesday, with investors digesting fresh regulatory filings, the latest daily buyback prints, and a new 52‑week high for BP’s U.S.‑listed ADRs. In the background, legal headlines around the Venture Global LNG arbitrations continued to develop, reinforcing attention on BP’s litigation win from October.
BP share price today (UK)
BP’s London‑listed stock closed at 470.00p on 11 November 2025, up 1.26% from Monday’s 464.15p close. Intraday, the shares traded between 467.15p and 470.95p on volume of about 6.5 million shares. [1]
Quick snapshot (LSE: BP.)
- Close: 470.00p
- Day range: 467.15p–470.95p
- Previous close: 464.15p
- Volume: ~6.5m
Figures per exchange data compiled by Yahoo Finance for 11 Nov 2025. [2]
Fresh disclosures: CFO purchase under share plan
BP reported a routine PDMR (director) share dealing today. Chief Financial Officer Kate Thomson acquired 5 ordinary shares at £4.587 each under the BP ShareMatch UK Plan (a share‑matching scheme). A person closely associated with the CEO, Julia Emanuele, acquired 80 shares at £4.587 under the same plan, both transactions dated 10 November 2025. The notification was published 11 November 2025. [3]
While modest in size, such regular plan‑based purchases keep governance watchers focused on alignment between management and shareholders, especially during active capital‑return periods.
Capital returns: buyback activity and Q3 context
BP’s ongoing share buyback programme—reaffirmed alongside last week’s results—continues to print daily. The company disclosed that on 10 November 2025 it repurchased 1,532,284 ordinary shares across the London Stock Exchange and Cboe UK as part of the programme announced on 4 November. [4]
At the quarterly update on 4 November, BP maintained a $750 million buyback to be executed before the Q4 results, framing buybacks as a consistent pillar of capital returns even as commodity prices and margins fluctuate through year‑end. [5]
U.S. read‑through: ADR sets a new 52‑week high
Across the Atlantic, BP’s ADR (NYSE: BP) set a new 52‑week high today after Piper Sandler lifted its price target to $44 (from $41). The MarketBeat note flagged intraday prints around $37.10–$37.12 for the ADR. Although the target relates to the U.S. line, such moves often bleed into sentiment for the London stock. [6]
Legal backdrop: Venture Global arbitration remains in focus
The LNG arbitration saga that’s gripped the sector produced another headline today: Shell filed a court challenge in New York seeking to overturn its August arbitration loss to Venture Global, explicitly referencing BP’s success in a separate, similar case. That keeps investors’ attention on BP’s October arbitration win, where a tribunal found Venture Global in breach; BP is seeking more than $1 billion in damages with a separate hearing to determine the amount. [7]
While today’s filing involves Shell, it indirectly underscores BP’s stronger legal position after its win—an overhang that has mattered for cash‑flow visibility and contract credibility across long‑term LNG offtake deals.
What’s driving BP shares today?
- Consistent buyback prints: Regular repurchases (including yesterday’s 1.53 million shares) support the share price and shrink the float heading into year‑end. [8]
- Positive U.S. signal: A fresh 52‑week high for the ADR post‑target‑raise helps sentiment for the London line. [9]
- Governance optics:CFO share plan purchases—while small—send a steady‑state alignment signal during the buyback. [10]
- Earnings momentum context: Last week’s Q3 beat (underlying RC profit above consensus) and reiterated buyback level provided a firmer fundamental backdrop into this week’s trade. [11]
The bigger picture after Q3
BP’s Q3 update highlighted strong operations and cash generation, with operating cash flow of $7.8bn and improved reliability across segments—an operational theme the company itself emphasized in its results materials. [12]
Management continues to balance portfolio simplification and divestments (including minority stakes in U.S. midstream agreed earlier this month) with returns via dividends and buybacks. Investors will look for execution into Q4 and any updates on Castrol or other asset processes that could accelerate deleveraging and simplify the group. [13]
What to watch next
- Daily RNS flow: Keep an eye on “Transaction in Own Shares” notices and any further PDMR disclosures as quarter‑end approaches. [14]
- LNG arbitration timeline: BP’s damages hearing related to Venture Global remains a 2026 event, but today’s Shell court challenge shows the legal narrative is still moving—and may continue to influence sector sentiment. [15]
- Macro inputs: Refining margins, European gas dynamics, and Brent price swings will continue to set the tone for BP’s cash flow cadence into Q4 (context from last week’s beat). [16]
Bottom line
For 11 November 2025, BP’s UK stock finished higher at 470.00p, with buybacks, routine PDMR purchases, and a new 52‑week high in New York forming the day’s key talking points. With Q3 now in the rear‑view, the debate shifts to the pace of buybacks, portfolio actions, and legal follow‑through—all factors that will shape how shares trade into year‑end. [17]
Sources: exchange and RNS filings; Reuters and company materials as cited above. This article is for information only and is not investment advice.
References
1. finance.yahoo.com, 2. finance.yahoo.com, 3. www.investegate.co.uk, 4. www.investegate.co.uk, 5. www.reuters.com, 6. www.marketbeat.com, 7. www.reuters.com, 8. www.investegate.co.uk, 9. www.marketbeat.com, 10. www.investegate.co.uk, 11. www.reuters.com, 12. www.bp.com, 13. www.reuters.com, 14. www.bp.com, 15. www.reuters.com, 16. www.reuters.com, 17. finance.yahoo.com
