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 ...
BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...
Will BP head back to oil? Boss pledges fundamental reset as profits hit four-year low
The chief executive of BP has vowed to 'fundamentally reset' the group's strategy after its annual profits fell by more than ...
BP Faces Declines in EPS, Revenue
BP fell short of estimates with its fourth-quarter earnings, pointing to ongoing challenges amid its energy transition.
BP Stock Rises After Elliott Takes Stake in British Oil Major
Shares in BP (UK:BP, BP) rose, following news the activist hedge-fund firm Elliott Management had built a stake in the U.K.
FTSE 100 Live 11 February: BP strategy reset in focus after profits fall, Entain shares slide on CEO exit
A four-year low for BP quarterly profits today heightened the focus on the oil giant’s plans for a major strategy reset.
BP now stands for ‘Best Partitioned’
BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...