BP - Search News

BP executive promises 'reset'

The New York Times · 11h

BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources and a bigger investment in oil and natural gas production.

Wall Street Journal · 6h

BP Touts ‘New Beginning,’ Fundamental Change in Strategy

BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund Elliott Management is pushing for change at the company.

BP executive promises 'reset' after profits fell in 2024

BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on Tuesday after a dip in annual profits and a threat from an influential activist investor.

BP Stock Jumps

Barron's on MSN · 19h

BP Earnings Hit 4-Year Low. How the Elliott Stake Is Affecting the Stock.

The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.

Investopedia · 1d

BP Stock Jumps as Elliott Reportedly Builds Stake

BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has amassed a stake in the British oil giant and is seeking to make changes.

Seeking Alpha on MSN · 1d

BP shares surge as activist investor Elliott builds stake

BP (NYSE:BP) +6.7% pre-market Monday, poised to open at its highest since August, after activist investor Elliot Management was reported to have taken a significant stake in the company. Elliott believes BP (NYSE:BP) is significantly undervalued and is seeking to boost shareholder value by pushing the company to consider "transformative measures"

17h

BP Promises Big Changes After Attracting An Uninvited Guest

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

The Economist14h

BP is underperforming and under pressure

BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...

18h

BP CEO Says Oil Major’s Big Reset Has Been a Year in Making

BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...

4h

Total, Aker BP seek bigger stakes in giant Equinor oilfield

TotalEnergies and Aker BP are seeking an independent review of their stakes in Equinor's Johan Sverdrup oilfield with a goal ...

6hon MSN

CM Mohan Yadav To Interact With Ambassadors, Investors In Delhi On Feb 12

Bhopal (Madhya Pradesh): Chief minister Mohan Yadav will attend the curtain raiser programme of Madhya Pradesh Global ...

13h

BP’s Brazil Head Will Take Over Bioenergy Unit after CEO Exit

The head of BP Plc in Brazil will take over as the top boss of the company’s sugar and ethanol unit, replacing an executive ...

6h

Aker BP raises dividend after Q4 core profit beat

Norwegian oil and gas group Aker BP said on Wednesday it had raised its quarterly dividend by 5% after posting a smaller than ...

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