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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 ...
Elliott, some investors want deeper change at BP, sources say Cost cuts, potential board change among options, sources say BP says it has received 'widespread support' from investors March 21 ...
Activist investor Elliott Management has declared a stake of over 5% in BP and has urged the company to boost cash flow via spending cuts. “Eight weeks ago, we announced a fundamentally reset ...
BP shares whipsawed on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major, which has pivoted back to oil in a bid to restore ...
BP is poised for growth with strategic resets, cost reductions, and strong energy demand. Click to read more on how BP is ...
Shell brought on advisers to explore a potential acquisition of BP last month, but a potential sale now appears unlikely, ...
BP plc BP, the UK-based energy major, is facing mounting pressure from activist investor Elliott Management, which has been meeting major shareholders to advocate deeper reforms, including cost ...
Invezz.com - BP (LON: BP) shares climbed by more than 5% on Wednesday after hedge fund Elliott Management revealed a 5.006% stake in the British oil major. The stock was up 5.11% at 10:12 a.m. London ...
(Reuters) - Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at the oil major that could include cost cuts and a potential ...
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 ...