BP Promises ‘Fundamental Reset’ as Activist Elliott Builds Stake
BP Plc promised major changes at its upcoming strategy update, seeking to reverse a prolonged period of under-performance that has now drawn in activist Elliott Investment Management.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport,
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...
BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...
Elliott Management reveals a sizable stake in London-based BP plc. RBC analysts expect the activist investor to push for ...
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...
Major UK-based oil producer BP (BP) is advancing 6% today after an activist investor reportedly acquired a meaningful stake ...
Elliott Investment Management confirms a more than $2.5B stake in Phillips 66 and will seek to streamline the company, most ...
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