BP share price on 2 December 2025: near 52‑week highs as $750m buyback, hydrogen U‑turn and softer oil prices shape the 2026 outlook
BP shares closed at 457p in London on December 2, up 19% over the past year. The company posted Q3 profit of $2.21 billion, beating forecasts, and announced a new $750 million share buyback. BP’s US ADR traded at $36.40, near its 52-week high. The firm is shifting strategy toward oil and gas, while facing setbacks in UK hydrogen and US pipeline operations.