Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...

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 investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic ...

Elliott Investment Management expected to use its influence to force supermajor to move away from low-profit renewables ...

Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.

Activist Elliott Investment Management had a clear roadmap for refining giant Phillips 66 when it took its first $1 billion stake in the company in late 2023. The company, though, has ...

Elliott, which has successfully pushed for changes at some of the world's largest companies, said Phillips 66 should ...

Elliott Investment Management has built a more than $2.5 billion stake in oil refiner Phillips 66, and plans to push the company to sell or spin off its midstream business, Bloomberg reports.

Tie-ups between traditional managers and private equity firms enable both to quickly tap retail investors. But the big ...

Analysts suggest hedge fund will want board room shake-up, E&P focus, asset sales, spin-offs and could 'smoke out' corporate ...

American Greetings, the second-largest U.S. greeting card company, has a new majority owner. Learn about other Northeast Ohio M&A deals this week.

Point72 Asset Management has hired Samlyn Capital's Scott Marx as a new portfolio manager to its equity healthcare practice, a source familiar with the matter said on Friday.