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The $78 bln oil major urgently needs a hands-on chair who its new activist can work with. Former BHP Chair Ken MacKenzie, who ...
Elliott Investment Management, a Florida-based investor that has pushed UK supermajor BP to accelerate its oil and gas pivot, ...
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With notorious activist investor Elliott demanding change, the energy giant said green energy chief Giulia Chierchia (pictured) will step down.
Activist hedge fund Elliott holds 5.006% of voting rights in BP, according to a regulatory notice published on Tuesday, crossing the threshold that requires reporting of big shareholdings in British ...
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 ...
April 22 (Reuters) - Activist investor Elliott Management has urged BP (BP.L), opens new tab to boost its free cash flow to $20 billion by 2027 from around $8 billion last year through significant ...
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 ...
U.S.-listed shares of BP fell in premarket trading Tuesday after the British energy giant posted lower-than-estimated first-quarter earnings and reduced its stock buyback as increased economic ...
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 ...
At BP, Lund has presided over a board that changed both strategy and chief executives, while facing pressure from a large activist shareholder and drawing protests from several big, more traditional ...
Elliott has met with more than 20 investors who are among BP's largest active shareholders, the source said. Reuters reported in March that Elliott had discussed the need for deeper spending and ...
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