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Earnings per share and shares in issue (Tables)
6 Months Ended
Jun. 30, 2020
Earnings per share [abstract]  
Summary of earnings per share
 
 
Second

Second

 
First

First

 
 
quarter

quarter

 
half

half

$ million
 
2020

2019

 
2020

2019

Results for the period
 
 
 
 
 
 
Profit (loss) for the period attributable to BP shareholders
 
(16,848
)
1,822

 
(21,213
)
4,756

Less: preference dividend
 
1

1

 
1

1

Profit (loss) attributable to BP ordinary shareholders
 
(16,849
)
1,821

 
(21,214
)
4,755

 
 
 
 
 
 
 
Number of shares (thousand)(a)(b)
 
 
 
 
 
 
Basic weighted average number of shares outstanding
 
20,222,575

20,336,347

 
20,200,694

20,256,254

ADS equivalent
 
3,370,429

3,389,391

 
3,366,782

3,376,042

 
 
 
 
 
 
 
Weighted average number of shares outstanding used to calculate diluted earnings per share
 
20,222,575

20,421,184

 
20,200,694

20,368,125

ADS equivalent
 
3,370,429

3,403,530

 
3,366,782

3,394,687

 
 
 
 
 
 
 
Shares in issue at period-end
 
20,249,046

20,373,332

 
20,249,046

20,373,332

ADS equivalent
 
3,374,841

3,395,555

 
3,374,841

3,395,555

(a)
Excludes treasury shares and includes certain shares that will be issued in the future under employee share-based payment plans.
(b)
If the inclusion of potentially issuable shares would decrease loss per share, the potentially issuable shares are excluded from the weighted average number of shares outstanding used to calculate diluted earnings per share. The numbers of potentially issuable shares that have been excluded from the calculation for the second quarter 2020 and first half 2020 are 63,119 thousand (ADS equivalent 10,520 thousand) and 85,469 thousand (ADS equivalent 14,245 thousand) respectively.

Issued ordinary share capital as at 30 June 2020 comprised 20,262,823,584 ordinary shares (31 December 2019 20,372,762,750 ordinary shares). This includes shares held in trust to settle future employee share plan obligations and excludes 1,152,958,766 ordinary shares which have been bought back and are held in treasury by BP (31 December 2019 1,163,077,064 ordinary shares).