Activist Elliott Wants to End 15 Years of BP Losing Out to Shell
For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...
BP: The Strategic Shift Investors Want
BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...
BP shares pop 6% 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 ...
How hedge fund Elliott shook BP from its strategic slump
At the headquarters of Elliott Management in New York, the hedge fund’s energy team now has T-shirts with “Gulf of America” printed on them, including one with a picture of Donald Trump as a pirate, ...
BP shares climb on prospect Elliott stake will drive change
Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that ...
Elliott’s Activism Success Gives Hope for BP’s Depressed Shares
Beleaguered shareholders of BP Plc who’ve watched their investment lag over the past few years are banking on activist ...
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 ...
Cage rattler Elliott may spy big value in a smaller BP
Indeed, BP could fetch $26bn by disposing of some of its low carbon, pipeline and marketing businesses, Goldman Sachs ...