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 ...
British oil major BP reports sharp drop in fourth-quarter profit, vows strategy reset
British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to “fundamentally” reset the embattled ...
BP Plans to 'Fundamentally Reset' Strategy Amid Reports of Elliott Stake
BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a ...
BP shares jumped 8% after renowned activist investor Elliott took a stake in the energy giant
Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...
BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major
BP shares jumped at the market open following weekend reports that activist investor Elliott Management has built a stake in ...
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 ...
BP CEO pledges 'fundamental reset' as Q4 profit drops 60%
BP will lay out a “fundamental reset of strategy and a new beginning” when it updates investors at the company's capital ...
BP's Quarterly Earnings at Four-Year Low as Weak Margins Dent Refining Business
(Reuters) - BP's fourth-quarter profit fell to $1.17 billion on Tuesday, marking the lowest earnings for the oil major in ...
BP’s ‘Fundamental Reset’ Sets High Bar for Auchincloss
The chief executive officer says he’s met with shareholders constantly this past year, and the market will like oil major’s ...
BP’s Profit Falls More Than Expected; Announces $1.75 Billion Share Buyback
BP’s profit fell more than expected as weak refining margins dragged on its results but the British energy major still ...
UPI25d
BP to cut 5% of global workforce, mostly from office staff
Jan. 16 (UPI) --Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost-cutting measure, the company announced. That amounts to about 5% of its total workforce. The company made ...
Activist Elliott builds stake in oil major BP, source says
Activist investor Elliott Investment Management has built a stake in oil major BP, a source familiar with the matter told ...