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 attempts to convince ...

Feb 13, 2025 · Elliott has become BP’s third-largest shareholder© FT montage/Getty Images Elliott builds £3.8bn stake in BP and seeks big asset sales on linkedin (opens in a new window)

7 hours ago · BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it embarks on a shift away from renewable energy amid pressure from activist ...

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 Targets $128 Billion ...

Feb 10, 2025 · Elliott Investment Management, led by Paul Singer, has amassed a significant holding in the British energy giant, Bloomberg reported on Saturday. This is typically the first step in a...

Feb 10, 2025 · Elliott Management reveals a sizable stake in London-based BP plc. RBC analysts expect the activist investor to push for three changes.

Activist hedge fund Elliott Management has built a stake in British oil major BP BP-1.08%decrease; red down pointing triangle and will push for transformational changes to improve the company’s ...

Feb 10, 2025 · BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has amassed a stake in the British oil giant and is seeking to make changes.

Feb 10, 2025 · BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the struggling oil major.

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 board changes and ...