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 change the oil major’s course
The BP share price jumps 8% as activist shake-up may loom — time to consider buying?
Harvey Jones was delighted to see the BP share price jump on news that activist investor Elliott has taken a stake in the FTSE 100 oil giant. What now? The post The BP share price jumps 8% as activist shake-up may loom — time to consider buying?
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 change.
BP shares jump after activist investor reportedly buys stake in oil giant
We don’t know how big its stake is, or exactly what its plans are for BP – will it try to break the company up, or could it try to force a sale of the company?'
BP stock price surges as activist investor Elliott builds stake in under-pressure supermajor
Analysts suggest hedge fund will want board room shake-up, E&P focus, asset sales, spin-offs and could 'smoke out' corporate interest
BP Stock Jumps as Elliott Reportedly Builds Stake
BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has amassed a stake in the British oil giant and is seeking to make changes.
BP Shares Gain As Activist Hedge Fund Elliott Takes Stake
Shares of BP Plc. were gaining around 7 percent on the London Stock Exchange and in pre-market activity on the NYSE, after media
BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the struggling oil major.
BP Stock Rises After Elliott Takes Stake in British Oil Major
Shares in BP (UK:BP, BP) rose, following news the activist hedge-fund firm Elliott Management had built a stake in the U.K. oil company and plans to push for transformational changes. BP recently stoo
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 ...
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BP Q4 Earnings & Revenues Miss Estimates on Lower Price Realizations
BP plc BP reported fourth-quarter 2024 adjusted earnings of 44 cents per American Depositary Share on a replacement-cost ...
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BP posts 60% profit drop as CEO promises ‘fundamental reset’ of strategy
UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...
BP share price: Profits tumble to four-year low as investors eye crunch strategy update
Despite this disappointing performance, market attention is shifting away from the earnings themselves and focusing more on the company’s future direction” – Mark Crouch, eToro analyst ...
BP at risk of takeover without renewed oil and gas focus success
Sky's Ian King says the company's expected reprioritisation of oil and gas revenues has long been demanded by investors whose returns have lagged those seen at rivals.
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BP CEO promises ‘fundamental reset’ as profits slump
UK supermajor's CEO says 'new direction' imminent as analysts suggest further shift from low carbon could be on the cards ...
BP Announces Strategy Reset to Focus on Cash Flow, Returns
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund Elliott Management is pushing for change at the company.
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.