BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
Investors are frustrated at the valuation gap between BP and its London-listed rival Shell, as well as US energy giants ...
Hedge fund’s BP stake worth £3.8bn as firm expected to ditch green promises - Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
BP shares surged in early trade on Monday after the activist investor Elliot was reported to have taken a significant stake ...
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major because the company needs to make meaningful changes.
BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...
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 fourth-quarter profit fell 61% to its lowest level since 2020.
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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