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LONDON, April 25 (Reuters) - Activist investor Elliott Investment Management wants oil major BP to replace its strategy chief and create separate units for upstream and downstream activities to ...
Shares of BP, which has been under pressure from activist investor Elliott Investment Management, plunged Friday after the energy giant said chair Helge Lund is stepping down. Lund will step down ...
Activist investor Elliott Management is pushing oil and gas giant BP PLC (BP) to increase its annual free cash flow to $20 billion by 2027 through deep spending cuts and cost reductions ...
Activist investor Elliott Management has declared a stake of over 5% in BP and has urged the company to boost cash flow via spending cuts. “Eight weeks ago, we announced a fundamentally reset ...
LONDON, April 23 (Reuters) - BP (BP.L), opens new tab may be forced to cut or even scrap its share buyback programmes over the next year unless oil prices recover, analysts say, adding that would ...
In this article, we are going to take a look at where BP p.l.c. (NYSE:BP) stands against other takeover rumor stocks hedge funds are buying. Hedge funds tend to pile up on a stock that gains or is ...
Bearish flow noted in BP (BP) with 12,178 puts trading, or 4x expected. Most active are 5/2 weekly 27 puts and 5/9 weekly 28.5 puts, with total volume in those strikes near 7,500 contracts.
CRISIS, AND BUSINESSES THREATENED 15 YEARS AGO. THE BP OIL SPILL HAPPENED. IT’S STILL CONSIDERED ONE OF THE WORST ENVIRONMENTAL DISASTERS THAT THIS COUNTRY HAS EVER SEEN. THE OIL GIANT PAYING ...
BP shares whipsawed on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major, which has pivoted back to oil in a bid to restore ...
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Oil giant BP, which holds its annual general meeting on Thursday, has sought to resolve something of an identity crisis by launching a fundamental reset.
Elliott Investment Management has built up its stake in BP Plc to just over 5% of shares, as the activist investor increases its pressure campaign at the struggling oil giant. The holding ...
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