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BP, Elliott Investment Management

Barron's on MSN · 16h

BP Earnings Hit 4-Year Low. How the Elliott Stake Is Affecting the Stock.

The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.

BP shares climb on prospect Elliott stake will drive change

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 strategy shifts to boost returns.

YAHOO!Finance · 21h

BP Promises ‘Fundamental Reset’ as Activist Elliott Builds Stake

BP Plc promised major changes at its upcoming strategy update, seeking to reverse a prolonged period of under-performance that has now drawn in activist Elliott Investment Management.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport,

14h

BP Promises Big Changes After Attracting An Uninvited Guest

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

1don MSN

Three key changes Elliott could push BP to adopt

Elliott Management reveals a sizable stake in London-based BP plc. RBC analysts expect the activist investor to push for ...

8h

BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

17h

BP pledges strategy reset as annual profit falls by a third

BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in ...

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