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 ...
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 ...
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 ...
Elliott Urges BP to Ditch Green Investments as it Builds 5% Stake
Elliott Management, the activist investor, has built a stake of almost 5% in BP (BP) and is pressing the oil producer to abandon its green ...
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 ...
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 ...
Upstream5d
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 ...
BP Touts ‘New Beginning,’ Fundamental Change in Strategy
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...