The energy giant was vague on details, but analysts say the changes will likely include less spending on renewable sources ...
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...
The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.
BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...
BP will cut bonuses for its senior leaders to 45% of target after the company missed some key financial goals in 2024, three ...
British oil giant BP (BP) pledged to “fundamentally reset” its strategy as profits in its Fiscal fourth quarter slid to a ...
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 shares surged in early trade on Monday after the activist investor Elliot was reported to have taken a significant stake ...
In early UK corporate news, BP reported a profit decline ahead of a key strategy update later this month. Gambling firm Entain said its chief executive has stepped down after less than six months in ...
The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share. The oil and gas company posted revenue of $48.09 billion in the period. For the year ...
Shares in BP (UK:BP, BP) rose, following news the activist hedge-fund firm Elliott Management had built a stake in the U.K.
Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...