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BP, Elliott Investment Management
BP Earnings Hit 4-Year Low. How the Elliott Stake Is Affecting the Stock.
The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.
BP stock jumps after news of Elliott Management's stake: BBG
BP (BP) shares jump in Monday's pre-market session after activist investor Elliott Management has taken up a stake in the oil (CL=F, BZ=F) giant, according to Bloomberg. Seana Smith and Brad Smith report more on this news ahead of BP's earnings that are due out tomorrow,
BP Stock Rises After Elliott Takes Stake in British Oil Major
Shares in BP (UK:BP, BP) rose, following news the activist hedge-fund firm Elliott Management had built a stake in the U.K. oil company and plans to push for transformational changes. BP recently stoo
BP pledges strategy reset
BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources and a bigger investment in oil and natural gas production.
British Oil Major BP Vows Strategy Reset as Profits Slide to 4-Year Low
British oil giant BP (BP) pledged to “fundamentally reset” its strategy as profits in its Fiscal fourth quarter slid to a four-year low,
BP Touts ‘New Beginning,’ Fundamental Change in Strategy
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund Elliott Management is pushing for change at the company.
BP Gets a Big Activist Investor. Stock Is Rising.
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 change the oil major’s course
Elliott’s Activism Success Gives Hope for BP’s Depressed Shares
Beleaguered shareholders of BP Plc who’ve watched their investment lag over the past few years are banking on activist Elliott Investment Management LP’s track record to help them extract some value from their positions.
BP Gets a Big Activist Investor. The Stock Is Rising.
Hedge fund Elliott Management has built a stake in the oil major, The Wall Street Journal reported, and will push for transformational change.
1d
What's Going On With Oil Giant BP Stock Today?
Elliott Management, managing $70B, has reportedly taken a stake in BP, urging significant changes to improve performance.
1d
on MSN
Three key changes Elliott could push BP to adopt
Elliott Management reveals a sizable stake in London-based BP plc. RBC analysts expect the activist investor to push for ...
Upstream
1d
BP stock price surges as activist investor Elliott builds stake in under-pressure supermajor
Analysts suggest hedge fund will want board room shake-up, E&P focus, asset sales, spin-offs and could 'smoke out' corporate ...
12d
BP: 2025 Will Make Or Break The Stock
BP p.l.c. is considered a value opportunity among global majors despite underperforming, with potential for growth. Learn ...
1d
on MSN
Why BP Is Rallying Today
Major UK-based oil producer BP (BP) is advancing 6% today after an activist investor reportedly acquired a meaningful stake ...
1d
BP rises Monday, outperforms market
BP PLC BP shares rose 7.36% to £4.65 Monday, on what proved to be an all-around favorable trading session for the stock market, with the FTSE 100 Index UKX rising 0.77% to 8,767.80. BP PLC closed ...
1d
on MSN
5 Things to Know Before the Stock Market Opens
U.S. stock futures rise as investors evaluate new tariff proposals, McDonald's reports declining U.S. comparable sales as its ...
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