BP 6-K: Divestiture

Filed with the SEC on · accession 0001654954-26-009536

BP filed a 6-K (foreign company report) with the SEC on Nov 5, 2026. BP sold 5% of its stake in Aker BP at NOK 311 per share, raising approximately NOK 9.83 billion ($1.06 billion), reducing its holding to about 10.9%. The stock moved -2.0% by the first close after the filing.

Summary of the filing

BP sold 5% of its stake in Aker BP at NOK 311 per share, raising approximately NOK 9.83 billion ($1.06 billion), reducing its holding to about 10.9%. Proceeds will strengthen BP's balance sheet, and BP raised its full-year 2026 divestment guidance to around $9 billion.

Key details

Gross proceeds from sale$1.1B
Gross proceeds from saleNOK 9.8B
Price per shareNOK 311
Expected full year 2026 divestment and other proceeds$9.0B
SellerBP p.l.c.
Company whose shares were soldAker BP
Sole global coordinator & bookrunnerBarclays
Co-bookrunnerDNB Carnegie
Chief executive officer, bpMeg O'Neill

How BP stock reacted

Close before

$45.61

Nov 4, 2026

First close after

-2.00%

$44.70

5 trading days

—

Since filing

-2.25%

$44.59

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Frequently asked questions

What did BP file with the SEC on Nov 5, 2026?

BP filed a 6-K (Divestiture). BP sold 5% of its stake in Aker BP at NOK 311 per share, raising approximately NOK 9.83 billion ($1.06 billion), reducing its holding to about 10.9%. Proceeds will strengthen BP's balance sheet, and BP raised its full-year 2026 divestment guidance to around $9 billion.

What does a divestiture mean for BP stock?

A contract important enough that investors need to know about it — a big customer contract, a loan, a merger agreement or a partnership.

How do I read a 6-K?

How foreign companies listed in the US report news and events — like an 8-K for them. Look at the exhibit names: "results", "resign", "notice" tell you the topic. Many 6-Ks are routine (meeting notices); results and leadership changes matter most.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 6-K (foreign company report): How foreign companies listed in the US report news and events — like an 8-K for them.

How did BP stock react to this filing?

BP closed at $45.61 before the filing and $44.70 on Nov 5, 2026 (-2.00%).

Other BP SEC filings

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