Hedge fund Elliott commands attention in C-suites as relentless activist
When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge ...
Elliott exits Cardinal Health, cuts NRG Energy in Q4
Paul Singer’s Elliott Investment Management disclosed in an SEC filing its holdings as of December 31, 2024. The fund exited two positions ...
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 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 Ups Stake in Phillips 66 with Over $2.5B Investment
Activist investor Elliott Investment Management lifted its stake in energy company Phillips 66 (PSX) with over $2.5 billion ...
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 ...
Elliott builds £3.8bn stake in BP and seeks big asset sales
Activist Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost £3.8bn, as it seeks to force the troubled UK oil major to cut spending on ...
U.S. hedge fund Elliott commands attention in C-suites as relentless activist
“Elliott’s team is truly scary smart. Sometimes the emphasis is on ‘smart’ and other times it is on ‘scary’,” said Kai ...
Elliott's activism success gives hope for BP's depressed shares
The largest of Elliott’s currently publicly disclosed energy positions is in Suncor Energy, after the fund built a stake in ...
Morningstar5d
BP Shares Jump on Reports Activist Hedge Fund Elliott Management Builds Stake
Shares in BP rose on reports that activist hedge fund Elliott Management has built up a stake ... where it has expertise and a strong growth portfolio, Jefferies analysts Giacomo Romeo and Kai ...
Upstream4d
BP stock price surges as activist investor Elliott builds stake in under-pressure supermajor
Analysts suggest hedge fund will want board room shake-up, E&P focus, asset sales, spin-offs and could 'smoke out' corporate ...
The Victoria Advocate4d
Elliott Sends Letter and Presentation to the Board of Phillips 66
Feb. 11, 2025 /PRNewswire/ -- Elliott Investment Management ... In that situation, board and management enhancements led to operational improvement, portfolio-rationalization and significant ...