For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...
BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has ...
Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic ...
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...
Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.
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