BP Plans to 'Fundamentally Reset' Strategy Amid Reports of Elliott Stake
KEY TAKEAWAYS BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly ...
BP Investors Welcome Elliott as Oil Major Readies Strategy Reset
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...
BP’s overhaul can start with a new Chair
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
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‘Line in the sand’ or ‘more of the same’: What's in store at upcoming BP capital markets event
Will chief executive Murray Auchincloss be able to deliver a ‘fundamental change’ in strategy at key investor meeting to ...
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Elliott Pushes Big Cost Cuts at BP to Preserve Its Independence
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as ...
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BP shares gain despite worst results since pandemic on activist investor hopes
BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...
BP Considers Castrol Sale as Elliott Turns Up the Heat
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...
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Elliott Investment Management invests $2.5bn in Phillips 66
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BP weighing sale of lubricants unit amid Elliott push - Bloomberg
BP (NYSE:BP) is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, in one of the many ...