Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...
BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...
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 ...
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP PLC closed 13.53% short of its 52-week high of £5.41, which the company reached on April 12th.
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on ...
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
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