For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...
BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...
Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that ...
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...
Indeed, BP could fetch $26bn by disposing of some of its low carbon, pipeline and marketing businesses, Goldman Sachs ...
Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
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