BP promises fundamental reset as Q4 profit hit four-year low
BP reported quarterly profit of $1.17 billion on Tuesday, weaker than expected and the lowest in four years, while the company promised to reset its strategy, after news broke at the weekend that investor Elliott Management had built up a stake.
BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. Read why I remain very bullish on ...
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
Norway's Aker BP raised its quarterly dividend by 5% on Wednesday and said capital expenditure is set to rise sharply this ...
Shares of BP PLC BP rallied 1.41% to £4.69 Wednesday, on what proved to be an all-around positive trading session for the ...
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...
TotalEnergies and Aker BP are seeking an independent review of their stakes in Equinor's Johan Sverdrup oilfield with a goal ...
Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...
Beleaguered shareholders of BP Plc who’ve watched their investment lag over the past few years are banking on activist ...
We recently compiled a list of the 10 Best Liquefied Natural Gas (LNG) Stocks to Buy in 2025. In this article, we are going ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback