BG share price drops amid delays and stalling growth
Thanks to project delays, stalling output growth and a steep drop in its share price, despite healthy third-quarter results, the UK company faces its trickiest time yet
Regardless of whether reports in November that BG Group had hired Rothschild and Goldman Sachs to prepare a defense strategy for any hostile takeover are correct, the British gas company is, nevertheless, in a tight spot. "It is disappointing, but our company has managed to add about 1 billion barrels of resource a year, and that resource resides inside the company," chief executive Frank Chapman told analysts. BG’s reserve replacement ratio has been 200% since 2008, about twice the industry average. For some, the 21% drop in the share price on 31 October was overdone, but others point out this is actually part of a retreat that began in spring, which has seen the shares fall by over 30% to
Also in this section
18 February 2026
With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in the North America
18 February 2026
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
