BP has a long way to go, but its quarterly profits show the British oil giant is heading in the right direction.

BP stock was up 6.89% at 12:56 p.m. London time. Elliott Management and BP have declined to comment on the reports, which do not specify the size of any potential stake accrued by Paul Singer's ...

BP shares provisionally closed 0.3% lower, erasing gains of as much as 5% from earlier in the session. The London-listed stock price is down around 8% year-to-date. Hedge fund Elliott Management ...

BP plc (LON: BP) is in focus this morning after activist investor Elliott Management revealed a stake in the energy giant that has lagged its peers in recent years. Elliott did not disclose the ...

Elliott Management and BP have declined to comment on the reports, which do not specify the size of any potential stake accrued by Paul Singer's hedge fund. The British oil major, which is set to ...

BP shares provisionally closed 0.3% lower, erasing gains of as much as 5% from earlier in the session. The London-listed stock price is down around 8% year-to-date. Hedge fund Elliott Management ...

BP CEO Auchincloss has been working to bolster investor confidence in the £74-billion ($91.87-billion) company, amid rising concerns over the clarity of BP's strategic direction as it navigates ...

Elliott also backs BP's independent strategy and did not propose a merger, according to the source. BP said that it will be laying out a fundamental reset of its strategy on February 26.

Shares in BP (UK:BP, BP) rose, following news the activist hedge-fund firm Elliott Management had built a stake in the U.K. oil company and plans to push for transformational changes. BP moved 7.4 ...

Last year, Elliott sought to have the airline's chief executive, Robert Jordan, removed. However, the fund reached an October 2024 settlement to add six new directors, including five candidates ...