BP Gets an Big Activist Investor. The Stock Is Rising.
Hedge fund Elliott Management has built a stake, The Wall Street Journal reported, and will push for transformational change.
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 ...
BP is cheaper than its rivals. Now an activist investor has swooped in.
BP shares surged in early trade on Monday after the activist investor Elliot was reported to have taken a significant stake ...
BP’s overhaul can start with a new Chair
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
BP shares jump as oil giant targeted by activist investor
BP has been targeted by activist investor Elliott as the oil giant struggles to work out its approach to net zero and ...
MoneyWeek4d
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 ...
Elliott Pushes Big Cost Cuts at BP to Preserve Its Independence
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...
Activist Elliott Builds Stake in Oil Major BP, Source Says
(Reuters) -Activist investor Elliott Investment Management has built a stake in oil major BP, a source familiar with the ...
Recharge2d
BP investor seeking renewables cull 'is now third-largest shareholder'
Elliott Management has built $4.7bn stake and now says 'time for minor course corrections is long gone', reports FT ...