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Elliott Investment Management has a point about BP . Paul Singer’s activist investor group wants the $76 billion oil major, ...
Activist investor Elliott has also urged BP to boost its adjusted free cash flow to $20 billion by 2027 from an oil-price ...
Activist shareholder Elliott Investment Management’s stake in BP could complicate the potential for any takeover bid for the ...
Activist investor Elliott Management is pushing oil and gas giant BP PLC (BP) to increase its annual free cash flow to $20 billion by 2027 through deep spending cuts and cost reductions, according to ...
BP boss Murray Auchincloss isn’t powerless amid the turmoil. He has trimmed investments and has plans to do more. Elliott, meanwhile, wants him to go even further — which is easier to do when times ...
After Elliott’s stake in BP was made public in February, the oil major promised to slash spending on green energy and sell off $20bn of assets. The Pike-led fight for Phillips 66 has incorporated an ...
BP said its head of strategy and sustainability Giulia Chierchia, the key architect of its brief foray into renewables, will ...
BP shares rise following a Financial Times report that several rival oil producers have "run the numbers" in weighing the ...
Activist investor Elliott Management has acquired a significant stake in BP and is advocating for substantial spending cuts to increase the company's cash flow.
BP, which reports earnings in the early hours of Tuesday morning, is currently the biggest energy producer to be under ...
Elliott has met with more than 20 investors who are among BP's largest active shareholders, the source said. Reuters reported in March that Elliott had discussed the need for deeper spending and ...
Investing.com -- Shares in BP PLC (LON:BP) jumped 4.5% in London on Wednesday after Elliott Investment Management raised its stake in the British oil and gas giant to just over 5%, intensifying ...
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