FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2025

EBP, Investment, Fair Value and NAV [Line Items]

The following table presents, by level within the fair value hierarchy, the fair value of the investments held by the Master Trust as of December 31, 2025 (in thousands):


		Prices in Active Markets for Identical Assets (Level 1)		Observable (Level 2)		Unobservable (Level 3)		Total

BP ADS		$	637,686	$	—	$	—	$	637,686
BrokerageLink - self directed		70,106		—		—		70,106
Money market fund		39,772		—		—		39,772


Total investments, at fair value		$	747,564	$	—	$	—	$	747,564

Investments measured at NAV:
	Short term investment fund							$	372,817
	U.S. equity funds							3,917,495
	Non-U.S. equity funds							571,243
	U.S. bond funds							352,691
	Non-U.S. bond funds							19,720
	Target date funds							3,364,086
	Other							37,631
	Total investments, at NAV							8,635,683

	Total							$	9,383,247

The following table presents, by level within the fair value hierarchy, the fair value of the investments held by the Master Trust as of December 31, 2024 (in thousands):


		Prices in Active Markets for Identical Assets (Level 1)		Observable (Level 2)		Unobservable (Level 3)		Total

BP ADS		$	604,037	$	—	$	—	$	604,037
Money market fund		38,306		—		—		38,306


Total investments, at fair value		$	642,343	$	—	$	—	$	642,343

Investments measured at NAV:
	Short term investment fund							$	352,863
	U.S. equity funds							3,604,445
	Non-U.S. equity funds							433,485
	U.S. bond funds							326,394
	Non-U.S. bond funds							17,750
	Target date funds							3,052,262
	Other							31,186
	Total investments, at NAV							7,818,385

	Total							$	8,460,728

BP Partnership Savings Plan (Plan No. 051)

EBP, Investment, Fair Value and NAV [Line Items]

EBP, Investment, Fair Value and NAV

The following table presents, by level within the fair value hierarchy, the fair value of the investments held by the Master Trust as of December 31, 2025 (in thousands):


		Prices in Active Markets for Identical Assets (Level 1)		Observable (Level 2)		Unobservable (Level 3)		Total

BP ADS		$	637,686	$	—	$	—	$	637,686
BrokerageLink - self directed		70,106		—		—		70,106
Money market fund		39,772		—		—		39,772


Total investments, at fair value		$	747,564	$	—	$	—	$	747,564

Investments measured at NAV:
	Short term investment fund							$	372,817
	U.S. equity funds							3,917,495
	Non-U.S. equity funds							571,243
	U.S. bond funds							352,691
	Non-U.S. bond funds							19,720
	Target date funds							3,364,086
	Other							37,631
	Total investments, at NAV							8,635,683

	Total							$	9,383,247

The following table presents, by level within the fair value hierarchy, the fair value of the investments held by the Master Trust as of December 31, 2024 (in thousands):


		Prices in Active Markets for Identical Assets (Level 1)		Observable (Level 2)		Unobservable (Level 3)		Total

BP ADS		$	604,037	$	—	$	—	$	604,037
Money market fund		38,306		—		—		38,306


Total investments, at fair value		$	642,343	$	—	$	—	$	642,343

Investments measured at NAV:
	Short term investment fund							$	352,863
	U.S. equity funds							3,604,445
	Non-U.S. equity funds							433,485
	U.S. bond funds							326,394
	Non-U.S. bond funds							17,750
	Target date funds							3,052,262
	Other							31,186
	Total investments, at NAV							7,818,385

	Total							$	8,460,728

BP DirectSave Plan (Plan No. 052)

EBP, Investment, Fair Value and NAV [Line Items]

EBP, Investment, Fair Value and NAV

The following table presents, by level within the fair value hierarchy, the fair value of the investments held by the Master Trust as of December 31, 2025 (in thousands):


		Prices in Active Markets for Identical Assets (Level 1)		Observable (Level 2)		Unobservable (Level 3)		Total

BP ADS		$	637,686	$	—	$	—	$	637,686
BrokerageLink - self directed		70,106		—		—		70,106
Money market fund		39,772		—		—		39,772


Total investments, at fair value		$	747,564	$	—	$	—	$	747,564

Investments measured at NAV:
	Short term investment fund							$	372,817
	U.S. equity funds							3,917,495
	Non-U.S. equity funds							571,243
	U.S. bond funds							352,691
	Non-U.S. bond funds							19,720
	Target date funds							3,364,086
	Other							37,631
	Total investments, at NAV							8,635,683

	Total							$	9,383,247

The following table presents, by level within the fair value hierarchy, the fair value of the investments held by the Master Trust as of December 31, 2024 (in thousands):


		Prices in Active Markets for Identical Assets (Level 1)		Observable (Level 2)		Unobservable (Level 3)		Total

BP ADS		$	604,037	$	—	$	—	$	604,037
Money market fund		38,306		—		—		38,306


Total investments, at fair value		$	642,343	$	—	$	—	$	642,343

Investments measured at NAV:
	Short term investment fund							$	352,863
	U.S. equity funds							3,604,445
	Non-U.S. equity funds							433,485
	U.S. bond funds							326,394
	Non-U.S. bond funds							17,750
	Target date funds							3,052,262
	Other							31,186
	Total investments, at NAV							7,818,385

	Total							$	8,460,728

BPX Energy Employee Savings Plan (Plan No. 100)

EBP, Investment, Fair Value and NAV [Line Items]

EBP, Investment, Fair Value and NAV

The following table presents, by level within the fair value hierarchy, the fair value of the investments held by the Master Trust as of December 31, 2025 (in thousands):


		Prices in Active Markets for Identical Assets (Level 1)		Observable (Level 2)		Unobservable (Level 3)		Total

BP ADS		$	637,686	$	—	$	—	$	637,686
BrokerageLink - self directed		70,106		—		—		70,106
Money market fund		39,772		—		—		39,772


Total investments, at fair value		$	747,564	$	—	$	—	$	747,564

Investments measured at NAV:
	Short term investment fund							$	372,817
	U.S. equity funds							3,917,495
	Non-U.S. equity funds							571,243
	U.S. bond funds							352,691
	Non-U.S. bond funds							19,720
	Target date funds							3,364,086
	Other							37,631
	Total investments, at NAV							8,635,683

	Total							$	9,383,247

The following table presents, by level within the fair value hierarchy, the fair value of the investments held by the Master Trust as of December 31, 2024 (in thousands):


		Prices in Active Markets for Identical Assets (Level 1)		Observable (Level 2)		Unobservable (Level 3)		Total

BP ADS		$	604,037	$	—	$	—	$	604,037
Money market fund		38,306		—		—		38,306


Total investments, at fair value		$	642,343	$	—	$	—	$	642,343

Investments measured at NAV:
	Short term investment fund							$	352,863
	U.S. equity funds							3,604,445
	Non-U.S. equity funds							433,485
	U.S. bond funds							326,394
	Non-U.S. bond funds							17,750
	Target date funds							3,052,262
	Other							31,186
	Total investments, at NAV							7,818,385

	Total							$	8,460,728

Archaea Employee Savings Plan (Plan No. 101)

EBP, Investment, Fair Value and NAV [Line Items]

EBP, Investment, Fair Value and NAV

The following table presents, by level within the fair value hierarchy, the fair value of the investments held by the Master Trust as of December 31, 2025 (in thousands):


		Prices in Active Markets for Identical Assets (Level 1)		Observable (Level 2)		Unobservable (Level 3)		Total

BP ADS		$	637,686	$	—	$	—	$	637,686
BrokerageLink - self directed		70,106		—		—		70,106
Money market fund		39,772		—		—		39,772


Total investments, at fair value		$	747,564	$	—	$	—	$	747,564

Investments measured at NAV:
	Short term investment fund							$	372,817
	U.S. equity funds							3,917,495
	Non-U.S. equity funds							571,243
	U.S. bond funds							352,691
	Non-U.S. bond funds							19,720
	Target date funds							3,364,086
	Other							37,631
	Total investments, at NAV							8,635,683

	Total							$	9,383,247

The following table presents, by level within the fair value hierarchy, the fair value of the investments held by the Master Trust as of December 31, 2024 (in thousands):


		Prices in Active Markets for Identical Assets (Level 1)		Observable (Level 2)		Unobservable (Level 3)		Total

BP ADS		$	604,037	$	—	$	—	$	604,037
Money market fund		38,306		—		—		38,306


Total investments, at fair value		$	642,343	$	—	$	—	$	642,343

Investments measured at NAV:
	Short term investment fund							$	352,863
	U.S. equity funds							3,604,445
	Non-U.S. equity funds							433,485
	U.S. bond funds							326,394
	Non-U.S. bond funds							17,750
	Target date funds							3,052,262
	Other							31,186
	Total investments, at NAV							7,818,385

	Total							$	8,460,728

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

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+ Details

- Definition

Tabular disclosure of fair value of investment held by employee stock purchase, saving, or similar plan (employee benefit plan (EBP)), including, but not limited to, fair value measured at net asset value per share as practical expedient (NAV).

+ References

+ Details