After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a ...
Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...
BP is cheap for a reason in this case with its history and its management decisions that did not help shareholders in my opinion. I want to see more from the company, and I would prefer a focus on ...
BP shares surged in early trade on Monday after the activist investor Elliot was reported to have taken a significant stake ...
The chief executive officer says he’s met with shareholders constantly this past year, and the market will like oil major’s ...
2don MSN
BP shares surged on Monday, rising nearly 7% in early trading, after reports emerged that activist hedge fund Elliott ...
BP is likely to reduce spending on low-emissions energy technologies like wind and hydrogen and try to boost oil and natural gas production, analysts say.
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