Activist Investor Drives BP To Do ‘Fewer Things, With Higher Returns’
Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...
BP plans to sell half its solar arm as the oil giant attempts to win over activist investor Elliott
Pressure is building on BP chief exec Murray Auchincloss (pictured) following reports that Elliott was disappointed with his ...
BP CEO, Defending His Reset, Says Company to Be More Focused
BP Plc Chief Executive Officer Murray Auchincloss appeared at a key US energy major conference in Houston on Tuesday, talking ...
BP’s dance with Elliott
Followers of the drama expect Elliott will hold accountable the BP board members and executives most associated with its 2020 ...
Activist Investor Elliott Slams BP’s Turnaround Strategy
Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According ...
Exclusive-BP seeks to sell 50% of solar unit to strategic partner, bids due in June, document shows
By Andres Gonzalez and Shadia Nasralla LONDON (Reuters) -BP is seeking to sell 50% of its solar unit Lightsource bp to a ...
Reuters29d
Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
The source said Elliott was not asking for a specific increase in BP's oil and gas investments. Elliott also backs BP's independent strategy and did not propose a merger, according to the source.
Yahoo Finance14d
Elliott Ramps Up Pressure on BP as New Strategy Falls Short
(Bloomberg) -- Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s expectations, people with knowledge of the matter said. The ...
BP CEO Sees Pay Cut 30% After Profit Miss, Elliott Intervention
BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about ...
BP Stock Drills Lower as it Reshuffles Board to Keep Activist Elliott Happy
Shares in oil giant BP (BP) slipped lower today as it looks to continue its shift back towards fossil fuels by hiring two new ...
How Big Is BP’s Stranded Assets Problem?
Green critics of BP's new strategy claim it will lead to stranded assets. it won't. BP's problem is not having enough oil and ...
Elliott Takes Short Position in Total Amid BP Campaign (1)
Elliott Investment Management, which recently took a stake in UK oil major BP Plc to push for sweeping changes, disclosed a 0.52% net short position in the company’s French rival TotalEnergies SE.