BP, Elliott

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 and similar global reach. Most Read from BloombergCan Portland Turn a Corner?
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 changes at the oil and gas giant.
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 Elliott Investment Management LP’s track record to help them extract some value from their positions.
Investors warn BP will face radical changes after Elliott takes stake
BP could be forced to change its management, list in the US or even break up after the activist hedge fund Elliott Management built a stake in the UK oil major, leading investors have warned.
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 billion) stake in the oil major, according to sources cited by the Financial Times.
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 activist shareholder Elliott Management will press for board changes and strategy shifts to boost returns.
BP Earnings Hit 4-Year Low. How the Elliott Stake Is Affecting the Stock.
The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.
BP Plans to 'Fundamentally Reset' Strategy Amid Reports of Elliott Stake
KEY TAKEAWAYS BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly ...
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 ...
British Oil Major BP Vows Strategy Reset as Profits Slide to 4-Year Low
British oil giant BP (BP) pledged to “fundamentally reset” its strategy as profits in its Fiscal fourth quarter slid to a ...
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 has reportedly increased its Phillips 66 stake. Here’s its plan.
Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in the energy space.
Honeywell to split into 3 companies after push from activist investor Elliott
The website you are visiting is protected and accelerated by Incapsula. Your computer may have been infected by malware and ...