BP to drop pledge to cut oil and gas output amid Elliott battle, FT ...
12 hours ago · BP (BP) will do away with its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on Wednesday as CEO Murray Auchincloss …
Elliott builds £3.8bn stake in BP and seeks big asset sales
Feb 13, 2025 · Activist Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost £3.8bn, as it seeks to force the troubled UK oil …
BP’s Strategy Reset: Five Things to Watch as Elliott Circles
12 hours ago · (Bloomberg) -- BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years. Most Read from BloombergTrump …
Elliott builds BP stake of nearly 5%, pushes for big divestments ...
Feb 13, 2025 · Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to transform its performance, including a big …
BP Shares Jump After Activist Investor Elliott Builds Stake - Yahoo …
(Bloomberg) -- BP Plc shares surged the most since 2020 after one of the world’s most aggressive activist investors built a stake in the company, seeking to end years of under …
BP shares climb on prospect Elliott stake will drive change
Feb 10, 2025 · Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that activist shareholder Elliott Management will press for …
BP Investors Welcome Elliott as Oil Major Readies Strategy Reset
Feb 14, 2025 · 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 …
BP Shares Jump on Reports Activist Hedge Fund Elliott
Feb 10, 2025 · Shares in BP rose on reports that activist hedge fund Elliott Management has built up a stake in the British energy major and will push for transformational changes to boost …
Activist Elliott Builds Stake in Oil Major BP, Source Says - U.S. News
Feb 8, 2025 · U.S.-based Elliott is seeking to boost shareholder value by urging BP to consider transformative measures, Bloomberg News reported earlier on Saturday, calling Elliott's stake …
BP break-up pressure builds as activist investor Elliott takes stake
Analysts said New York-based Elliott Investment Management was likely to lobby for significant changes at BP, which could include selling off its renewables energy assets, doubling down...
- Some results have been removed