BP CEO Says Oil Major’s Big Reset Has Been a Year in Making
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while refusing to comment on an analyst’s question about whether he’s had engagement with activist Elliott Investment Management.
BP's fourth-quarter profit fell 61% to its lowest level since 2020.
Investors are frustrated at the valuation gap between BP and its London-listed rival Shell, as well as US energy giants ...
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP shares surged in early trade on Monday after the activist investor Elliot was reported to have taken a significant stake ...
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that ...
BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...
Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...
BP PLC (BP) on Tuesday reported a fourth-quarter loss of $1.96 billion, after reporting a profit in the same period a year earlier. On a per-share ...
Shares in BP (UK:BP, BP) rose, following news the activist hedge-fund firm Elliott Management had built a stake in the U.K.
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