After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund Elliott Investment Management.

Forbes

United States

BP Promises Big Changes After Attracting An Uninvited Guest

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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Zero Hedge

Paul Singer's Elliott Management Goes Activist On BP, Seeks Strategic Overhaul

Things have been a bit shaky in Dutch industry for a while now. Last December, for example: industry production was 4.4 percent lower in December than in the same month a year earlier. Also in this blog: This morning, the AI Action Summit opened in Paris.

Het is al even kwakkelen geblazen in de Nederlandse industrie. Zo ook afgelopen december: de productie van de industrie was in december 4,4 procent lager dan in dezelfde maand een jaar eerder. Verder in dit blog: Vanochtend is de AI Action Summit geopend in Parijs.

Activistische aandeelhouder Elliott zou oliebedrijf BP in vizier hebben

NRC Handelsblad

Mediahuis

Netherlands

Activist shareholder Elliott reportedly has oil company BP in its sights

BP shares jumped to the top of the FTSE 100 this morning as a rumour emerged that an activist hedge fund had taken a position in the stock. Shares in the blue-chip oil giant jumped seven per cent in early deals on the news activist hedge fund Elliott Investment Management had built a position in the company. The news of the stake emerged over the weekend, but as of yet, the size of the position has not been confirmed. BP is one of the largest co…

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Elliott Investment Management Targets BP for Strategic Overhaul

BP stock popped early Monday on reports that activist Elliott Management has built a stake and seeking changes. The post BP Stock Eyes Key Level Amid Elliott Management Stake Reports appeared first on Investor's Business Daily.

Investor's Business Daily

BP Stock Eyes Key Level Amid Elliott Management Stake Reports

U.S.-based Elliott is seeking to boost shareholder value by urging BP to consider transformative measures, Bloomberg News reported Feb. 8.

Hart Energy

Activist Elliott Builds Stake in Oil Major BP, Source Says

Activist investor Elliott Investment Management has built a stake in oil major BP, a source familiar with the matter told Reuters on Saturday. The source did not provide the size of the stake. U.S.-based Elliott is seeking to boost shareholder value by urging BP to consider transformative measures, Bloomberg News reported earlier on Saturday, calling ...

Energy News for the United States Oil & Gas Industry | EnergyNow.com

Activist Elliott Builds Stake in Oil Major BP, Source Says - Energy News, Top Headlines, Commentaries, Features & Events

BP shares jumped on Monday following weekend reports that activist investor Elliott Management has built a stake in the struggling oil major and could pressure the energy company to shift gears on its core oil and gas businesses. BP stock was up 6.89% at 12:56 p.m. London time. Elliott Management and BP have declined to comment on the reports, which do not specify the size of any potential stake accrued by Paul Singer’s hedge fund. The British o…

energynewsbeat.co

BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major

headlinemoney.co.uk

BP may have to ready itself for activist shareholder battle

Shares in BP surged by 8%—the biggest jump since 2020—after activist investor Elliott Investment Management was revealed to have acquired a stake in the UK oil giant. Investors reacted positively,Read More...

BP Promises Big Changes After Attracting An Uninvited Guest

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