Elliott builds BP stake of nearly 5%, pushes for big divestments ...
2 days ago · 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 ...
BP Investors Welcome Elliott as Oil Major Readies Strategy Reset
19 hours ago · Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major because the company needs to make meaningful changes.
Elliott Wants Big Asset Sales at BP After Building $4.75-Billion Stake
1 day ago · Elliott Management is pushing for major asset sales at BP to address the undervalued shares of the UK-based supermajor after the U.S. activist investor built a stake of nearly 5% worth about $4.75 ...
Activist Elliott Wants to End 15 Years of BP Losing Out to Shell
In fact, what Elliott really wants is for BP to become more like Shell — by cutting costs and reducing spending in areas such as renewable energy, people familiar with the matter told Bloomberg ...
BP Stock Jumps as Elliott Reportedly Builds Stake - Investopedia
5 days ago · 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.
BP Shares Jump on Reports Activist Hedge Fund Elliott
5 days ago · Shares in BP rose on reports that activist hedge fund Elliott Management has built up a stake in the British energy major and will push for transformational changes to boost shareholder value. In ...
Elliott Takes Stake in Struggling Oil Giant BP - WSJ
5 days ago · Activist hedge fund Elliott Management has built a stake in British oil major BP BP-1.12%decrease; red down pointing triangle and will push for transformational changes to improve the company’s ...
Activist Elliott builds stake in oil major BP, source says
6 days ago · Activist investor Elliott Investment Management has built a stake in oil major BP, a source familiar with the matter told Reuters on Saturday.
Activist Elliott Builds Stake in Oil Major BP, Source Says - U.S. News
Feb 8, 2025 · Elliott and BP declined to comment. The activist investor sees BP as undervalued, Bloomberg reported. BP has a market capitalization of about 69 billion pounds ($85.62 billion), less than half of ...
BP Shares Jump 8% After Activist Investor Elliott Takes a Stake ...
5 days ago · Energy giant BP's shares have soared after activist hedge fund Elliott Investment Management revealed it has taken a stake in the British company. Shares in BP rose by as much as 8.2% in early ...