For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...
Indeed, BP could fetch $26bn by disposing of some of its low carbon, pipeline and marketing businesses, Goldman Sachs ...
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 ...
The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.
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