Austrian oil and gas company OMV AG reported its Q3 2024 earnings, showing a mixed performance. The company posted a Clean CCS Operating Profit of €1.10 billion, slightly above the estimated €1.05 billion. However, its Clean CCS Net Income fell short at €346 million compared to the expected €447.8 million. OMV continues to project its FY Organic CAPEX at about €3.8 billion and expects average production to range between 330,000 and 350,000 BOE/D. Despite the profit beat, weak refining and oil trading impacted the results, though the chemical unit provided a boost. In contrast, BP reported stronger-than-expected Q3 2024 earnings with an adjusted EPS of 13.89 cents, surpassing the forecasted 12.67 cents. BP's adjusted net income stood at $2.27 billion, above the estimated $2.05 billion. The company maintained its quarterly share buybacks at $1.75 billion, even as net debt rose to $24.21 billion from an expected $23.28 billion. BP plans to review its financial guidance in February 2025, including its share buyback expectations for 2025.