BP, Elliott Investment Management

BP Earnings Hit 4-Year Low. How Elliott Stake News Is Affecting the Stock.
The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.
BP stock jumps after news of Elliott Management's stake: BBG
BP (BP) shares jump in Monday's pre-market session after activist investor Elliott Management has taken up a stake in the oil (CL=F, BZ=F) giant, according to Bloomberg. Seana Smith and Brad Smith report more on this news ahead of BP's earnings that are due out tomorrow,
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 activist shareholder Elliott Management will press for board changes and strategy shifts to boost returns.
BP Stock Jumps as Elliott Reportedly Builds Stake
BP's U.S.-listed shares are rising 6% in premarket trading Monday following reports that activist hedge fund Elliott Investment Management has amassed a stake in the British oil giant and is seeking to make changes.
BP Stock Rises Premarket On Reports Of Activist Investor Elliott Taking A Stake: Retail’s Bullish
BP Plc (BP) stock rose 6.7% in premarket trade on Monday and remained on track to open at its highest since August, on reports that Elliott Investment Management has built a stake in the oil major. Bloomberg News reported on Saturday that Elliott’s stake in BP was “significant” and that the activist investor believed that BP is ‘significantly undervalued and its performance is disappointing.
BP shares hit highest since August on news of Elliott stake
Shares in BP rose by 7% to their highest since August in early trade on Monday, after investor Elliott Management built a stake in the energy major it is expected to use to press for change in strategy and to the board.
BP shares surge as activist investor Elliott builds stake
BP (NYSE:BP) +6.7% pre-market Monday, poised to open at its highest since August, after activist investor Elliot Management was reported to have taken a significant stake in the company. Elliott believes BP (NYSE:BP) is significantly undervalued and is seeking to boost shareholder value by pushing the company to consider "transformative measures"
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 change.
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 ...
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 ...
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 ...
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 ...
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.
BP: Q4 Earnings Snapshot
LONDON (AP) — LONDON (AP) — BP PLC (BP) on Tuesday reported a fourth-quarter loss of $1.96 billion, after reporting a profit in the same period a year earlier. On a per-share basis, the London-based ...
BP Chief speaks on arrival of National Guardsmen
The National Guard, currently performing non-immigration duties, may change roles following President Donald Trump’s ...
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 ...