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 ...
BP: Strategy Shift, Stock Buybacks, Cheap P/E
BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. Read why I remain very bullish on ...
The Economist1d
BP is underperforming and under pressure
BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...
BP CEO Says Oil Major’s Big Reset Has Been a Year in Making
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...
MoneyWeek1d
BP shares gain despite worst results since pandemic on activist investor hopes
BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...
BP shares jumped 8% after renowned activist investor Elliott took a stake in the energy giant
Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...
How Net-Zero’s Troubles Made BP Vulnerable
On this episode of In the City, we discuss what set the stage for Elliott Investment Management’s interest in the embattled ...
British oil major BP reports sharp drop in fourth-quarter profit, vows strategy reset
British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to “fundamentally” reset the embattled energy company’s strategy.