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 ...

BP will announce updates on its $5 billion cost-cutting initiative on Tuesday, amid growing pressure from activist investor Elliott Management to take stronger action to reduce its operating expenses, ...

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 ...

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

Elliott Investment Management is increasing pressure on BP Plc after its new strategy failed to meet the activist investor's expectations. BP CEO Murray Auchincloss's turnaround plan is seen as ...

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 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 ...

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.

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 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 ...