Activist Elliott has unfinished business at Phillips 66. How its plan to build value may unfold
Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...
Stockpickers: BP joins a list of market stalwarts that lost their way
Market stalwarts, with their well-established reputations for reliability and profitability, are not immune to losing their way. Any company, from a British blue-chip to a member of the Magnificent ...
Would Warren Buffett buy BP shares, as oil excitement grows?
Warren Buffett is a big investor in the oil business, and BP's performance has been attracting investor attention in results ...
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: 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 ...
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 ...
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 ...
Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...
Elliott Capital Management takes nearly 5% stake in BP - Reuters
Elliott Capital Management, an activist investor, has acquired a stake close to 5% in British multinational oil and gas ...
Elliot builds near 5% stake in BP, becomes third-biggest shareholder - FT
Elliott Management became the third-largest shareholder of British oil giant BP (NYSE:BP) by acquiring a near-5% stake valued at approximately £3.8 billion ($4.74 billion), the Financial Times ...
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Elliott Wants Big Asset Sales at BP After Building $4.75-Billion Stake
Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic ...
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Elliott becomes BP’s third-largest shareholder with $7.6b stake
Activist hedge fund Elliott Management has become the third-largest shareholder in BP after building out a £3.8 billion ($7.6 ...