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Elliott Investment Management has a point about BP . Paul Singer’s activist investor group wants the $76 billion oil major, which reported first-quarter results on Tuesday, to cut costs more ...
Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column BP bid may ...
Activist hedge fund Elliott holds 5.006% of voting rights in BP, according to a regulatory notice published on Tuesday, crossing the threshold that requires reporting of big shareholdings in British ...
Activist shareholder Elliott Investment Management’s stake in BP could complicate the potential for any takeover bid for the ...
April 22 (Reuters) - Activist investor Elliott Management has urged BP (BP.L), opens new tab to boost its free cash flow to $20 billion by 2027 from around $8 billion last year through significant ...
Shell is evaluating a potential acquisition of BP, Bloomberg News reported on May 3. But it’s waiting to see if BP’s share ...
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 ...
At Phillips 66, the tone is less friendly. Nonetheless, Elliott’s campaign includes the claim that a break-up could theoretically lead to a “sum-of-the-parts” valuation that boosts the company’s ...
And then enjoy a veritable gush of cash. That is a reasonable description of Elliott’s bet on beleaguered oil major BP. Yet sometimes the universe has other ideas. BP reported earnings on ...
Elliott, which invests $70 billion, has a strong record in the energy sector and has made successful investments at Marathon ...
BP shares rise following a Financial Times report that several rival oil producers have "run the numbers" in weighing the ...
Elliott Investment Management reckons the BP share price doesn’t reflect the true potential of the energy giant. Our writer ...