The BP share price could face a brutal reckoning in 2026
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The BP (LSE: BP) share price has had an okay run in 2025. Nothing special, it’s up a modest 12%, but not too shabby either, especially after adding the 5.5% trailing dividend yield.
Performance looked better a month ago, but the shares have sagged 7% since then, and as someone who holds the stock, I’ve got the uneasy feeling that there’s a lot more trouble to come in 2026. In fact, I’m worried BP is in for a proper battering.
It wouldn’t be the first time. The Deepwater Horizon tragedy in 2010 cast a pall over the business for years. Then the pandemic arrived and drove crude below $30 a barrel, hammering every oil stock. Prices rocketed in 2022 when Russia invaded Ukraine then…
