Elliott builds £4bn stake in BP

Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to transform its performance, including a big divestment programme, a source familiar with the matter told Reuters on Thursday.
Elliott Pushes Big Cost Cuts at BP to Preserve Its Independence
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a standalone company, people with knowledge of the matter said.
Elliott builds £3.8bn stake in BP and seeks big asset sales
Activist Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost £3.8bn, as it seeks to force the troubled UK oil major to cut spending on renewable energy and make big divestments,
Elliott builds $2.5 billion stake in Phillips 66, pushes for midstream business sale
Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner Phillips 66, and plans to push for operational changes and the sale of the company's midstream business.
Activist Elliot takes near 5% stake in BP as it pushes to cut spending on renewables and make big divestment
Elliott, led by boss Paul Singer (pictured), is expected to push BP to cut renewables and make big divestments to address its 'profound' undervaluation.
Elliot builds near 5% stake in BP, becomes third-biggest shareholder - FT
Elliott Management became the third-largest shareholder of British oil giant BP (NYSE:BP) by acquiring a near-5% stake valued at approximately £3.8 billion ($4.74 billion), the Financial Times reported Thursday,
Elliott builds $5 billion stake in BP, Financial Times reports
Activist investor Elliott Management has disclosed a near 5% stake of about 3.8 billion pounds ($4.75 billion) in BP, making it the oil company's third-largest shareholder, the Financial Times reported on Thursday,
Chase Elliott: Donald Trump visit to Daytona 500 would be 'special'
Like President Donald Trump, NASCAR driver Chase Elliott also attended the Super Bowl last weekend ahead of Sunday's Daytona ...
Eagles’ Jake Elliott showed up six hours early for the Super Bowl, and delivered a record-setting performance
After struggling at times this season, Elliott saved his best for last. He scored the most points by a kicker in Super Bowl ...
DeShon Elliott is right: Steelers shouldn't sign Aaron Rodgers
DeShon Elliott may have been blunt, but he’s right—the Steelers need a future QB, not Aaron Rodgers, whose best days are ...
Hedge fund Elliott commands attention in C-suites as relentless activist
When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge ...
Elliott builds more than $2.5B stake in Phillips 66, wants it to sell or spin off midstream unit
Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...
Ole Miss LHP Hunter Elliott Eager to Return to Action After Prolonged Injury Stint
Ole Miss Rebels LHP Hunter Elliott has not taken the hill in a game since 2023, and he is ready to change that on Friday.
Factbox-Activist Elliott's recent holdings and campaigns
Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66, a person familiar with ...
Elliott’s Activism Success Gives Hope for BP’s Depressed Shares
Beleaguered shareholders of BP Plc who’ve watched their investment lag over the past few years are banking on activist ...
BP shares jumped 8% after renowned activist investor Elliott took a stake in the energy giant
Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...
Yardbarker14h
Chase Elliott suffers brake issues as engines fire at Daytona 500 Duel
Not a great start to the night for Chase Elliott. Just as engines fired, Elliott complained about a squishy brake pedal and ...