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.
Investors are frustrated at the valuation gap between BP and its London-listed rival Shell, as well as US energy giants ...
BP's fourth-quarter profit fell 61% to its lowest level since 2020.
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
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 shares surged in early trade on Monday after the activist investor Elliot was reported to have taken a significant stake ...
BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...
The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.
Shares in BP (UK:BP, BP) rose, following news the activist hedge-fund firm Elliott Management had built a stake in the U.K.
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 ...
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