BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential ...
BP shares have been underperforming for a few years now, but a recent uptick reflects growing interest in a revamped strategy ...
A group of 48 institutional investors has called on BP to give shareholders a vote on any plan by the oil major to row back ...
The aim is to bring the two oil giants together so they can compete with international rivals such as France's TotalEnergies ...
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
BP’s shale segment, BPX Energy, is seeing EUR uplifts from Eagle Ford refracs “we didn’t really predict in shale,” CEO Murray ...
BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...
(Alliance News) - The hedge fund targeting BP PLC has built a stake in the fossil fuel company worth nearly GBP3.8 billion, according to reports, making it the third-biggest investor in the company.
UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...
The Financial Times reported that Elliott Management, an activist investor, has revealed a nearly 5% stake in BP. This makes it ...
Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic ...
Elliott Management has disclosed a nearly 5% stake in BP worth almost £3.8B (~$4.75B), making it the company's third largest shareholder.