bp - Search News

BP, Elliott Investment Management

Barron's on MSN · 52m

BP Earnings Hit 4-Year Low. How the Elliott Stake Is Affecting the Stock.

The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.

YAHOO!Finance · 1h

BP's Q4 disappoints as Elliott Mgmt. discloses stake in Phillips 66

Energy giant BP plc (BP) announced a strategy reset and a $1.75 billion stock buyback program after missing fourth quarter earnings estimates. Activist investor Elliott Management has reported taking up a stake in the oil (CL=F,

Reuters on MSN · 9h

BP's fourth-quarter earnings drops to four-year low

BP's fourth-quarter profit fell to $1.17 billion on Tuesday, marking the lowest earnings for the oil major in four years as weak margins dented its refining business. BP's underlying replacement cost profit,

BP to ‘Reset’ Strategy

UPI News on MSN · 2h

BP executive promises 'reset' after profits fell in 2024

BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on Tuesday after a dip in annual profits and a threat from an influential activist investor.

The New York Times · 1h

BP to ‘Reset’ Strategy After Pressure From Investors, C.E.O. Says

The energy giant was vague on details, but analysts say the changes will likely include less spending on renewable sources and a bigger investment in oil and natural gas production.

Bloomberg L.P. · 3h

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 new direction.

1hon MSN

BP cuts senior leadership bonuses to 45% after missing 2024 financial targets, sources say

BP will cut bonuses for its senior leaders to 45% of target after the company missed some key financial goals in 2024, three ...

BP shares gain despite worst results since pandemic on activist investor hopes

BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...

21h

Elliott’s Activism Success Gives Hope for BP’s Depressed Shares

Beleaguered shareholders of BP Plc who’ve watched their investment lag over the past few years are banking on activist ...

7h

BP plans six new gas wells to sustain output from Azeri Caspian Sea field

BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable ...

1d

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 ...

1d

O’Hare is Chicago’s biggest CO2 emitter; Indiana factories are region’s top polluters

New database aims to help cities map out their own CO2 cuts as President Trump looks to eliminate federal programs.

devdiscourse23h

FTSE 100 Soars to New Heights Amidst BP Surge

London’s FTSE 100 achieved a record high, bolstered by BP’s significant rise due to Elliott Management's investment. The ...

1d

FTSE 100 notches fresh record close on boost from BP, commodity-linked stocks

London stocks kicked off the week on a high note, with the benchmark index rising due to gains from oil giant BP and precious ...

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