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Elliott Management Urges BP to Cut Spending
Activist investor Elliott Management has acquired a significant stake in BP and is advocating for substantial spending cuts ...
Elliott’s BP pressure campaign
At BP’s investor day in February, chief executive Murray Auchincloss promised a “fundamental reset” of BP’s strategy. He said the company would cut spending on green energy by 70 per cent and sell ...
Activist Bombshell: Elliott Moves to Shake Up BP's Board Over Oil Pivot
BP (NYSE:BP) is heading into a high-stakes board re-election with fire on all sides. Activist giant Elliott Management, now ...
BP shareholders punish chair Helge Lund with low support
BP's CEO Murray Auchincloss and Chair Helge Lund were re-elected on Thursday, although the sharply reduced level of ...
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Could Shell or Chevron Make a Move on BP?
Elliott’s involvement has reignited talk of a mega-merger, even as market uncertainty clouds the company’s outlook.
BP on the Brink? Elliott's 5% Stake Ignites Shockwaves Across the Oil Market
Elliott Investment Management has quietly amassed a stake north of 5% in BP , instantly placing the activist fund shoulder-to ...
Oil giant BP braces for shareholder showdown over green strategy U-turn
Britain's oil giant recently sought to resolve something of an identity crisis by launching a strategic reset.
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BP Stock Is Slicker Despite Investor Rebellion Over its Chair and Abandoned Green Push
Shares in BP ($BP) were higher today despite an investor rebellion at its Annual General Meeting in London over the ...