Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.
Non-operated specialist Northern Oil & Gas (NOG) is growing in the Midland Basin with a $40 million bolt-on acquisition.
Elliott is trying to push the British oil company to cut spending on renewables and make big divestments, the FT report said.
(Reuters) -Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take ...
BP's fourth-quarter profit fell 61% to its lowest level since 2020.
Q4 2024 Earnings Call Transcript February 11, 2025 BP p.l.c. misses on earnings expectations. Reported EPS is $0.44 EPS, ...
MURRAY AUCHINCLOSS, who took over as BP’s chief executive in 2024, promised a “fundamental reset” for the company on February ...
THE CEO of Ladbrokes has been abruptly sent packing after less than six months — breaking the record for the shortest-serving ...
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...
Q4 2024 Earnings Conference Call February 11, 2025 8:00 AM ETCompany ParticipantsCraig Marshall - Investor RelationsMurray Auchincloss ...
BP will lay out a “fundamental reset of strategy and a new beginning” when it updates investors at the company's capital ...
The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.
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