Shares in oil giant BP (BP) slipped lower today as it looks to continue its shift back towards fossil fuels by hiring two new ...

BP Plc (BP) garnered retail attention on Thursday after Bloomberg reported that activist investor Elliott Investment Management was ramping up pressure on the company after its new strategy fell short ...

BP PLC closed 20.70% below its 52-week high of £5.41, which the company achieved on April 12th.

By pledging an “unwavering focus” on creating value for shareholders, BP admitted its renewable crusade was a failure and exposed the rotten core of ESG.

At Stock Options Channel, our YieldBoost formula has looked up and down the BP options chain for the new June 2026 contracts and identified one put and one call contract of particular interest.

BP's strategy reset focuses on increasing oil and gas production, reducing low-return green investments, and improving cost efficiency to enhance shareholder returns and reduce debt. The company ...

BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2024, it produced 1.2 million barrels of liquids and 6.9 billion cubic feet of natural gas ...

BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon strategy.

However, the stock has been rallying in recent weeks on ... hedge fund Elliott Management recently took a nearly 5% stake in BP, and it is believed that it has sought to push BP back towards ...