BP Promises ‘Fundamental Reset’ as Activist Elliott Builds Stake
BP Plc promised major changes at its upcoming strategy update, seeking to reverse a prolonged period of under-performance that has now drawn in activist Elliott Investment Management.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport,
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.
Hi, it’s Dinesh Nair, Aaron Kirchfeld and Swetha Gopinath in London, following up on our weekend exclusive that activist ...
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
Elliott Management reveals a sizable stake in London-based BP plc. RBC analysts expect the activist investor to push for ...
BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...
Major UK-based oil producer BP (BP) is advancing 6% today after an activist investor reportedly acquired a meaningful stake ...
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