BP Investors Welcome Elliott as Oil Major Readies Strategy Reset
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major.
Stockpickers: BP joins a list of market stalwarts that lost their way
Market stalwarts, with their well-established reputations for reliability and profitability, are not immune to losing their way. Any company, from a British blue-chip to a member of the Magnificent ...
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BP's big reset, Trump's testing times, and stealth wind turbines
After the British oil giant was rattled by a slump in profits, BP boss Murray Auchincloss promised a “fundamental reset” for ...
BP’s overhaul can start with a new Chair
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
BP: The Strategic Shift Investors Want
BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...
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Activist Elliott Management third-biggest investor in BP — reports
(Alliance News) - The hedge fund targeting BP PLC has built a stake in the fossil fuel company worth nearly GBP3.8 billion, according to reports, making it the third-biggest investor in the company.
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.
Upstream17hOpinion
BP is ripe for change – but can its leaders deliver?
UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...
Hedge fund Elliott shakes BP from its strategic slump
At the headquarters of Elliott Management in New York, the hedge fund’s energy team now has T-shirts with “Gulf of America” printed on them, including one with a picture of Donald Trump as a pirate, ...