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.
Reuters3d
BP pledges strategy reset as annual profit falls by a third
CEO Murray Auchincloss plans to cut BP's costs by at least $2 billion by the end of 2026 Auchincloss has worked to rebuild investor confidence, after his predecessor Bernard Looney was fired for ...