BP shares climb on prospect Elliott stake will drive change
2 days ago · LONDON, Feb 10 (Reuters) - Shares in BP , opens new tab rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that activist …
Exclusive: BP abandons goal to cut oil output, resets strategy
Oct 7, 2024 · BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence, …
Bp Plc | Reuters
Jan 30, 2025 · The latest international Bp Plc news and views from Reuters - one of the world's largest news agencies
BP shares surge on Reuters report Elliott had built a stake in the …
1 day ago · Investing.com -- Activist investor Elliott Investment Management has acquired a stake in BP (NYSE:BP), Reuters reported over the weekend, citing a source familiar with the matter. …
BP to ‘Reset’ Strategy After Pressure From Investors, C.E.O. Says
17 hours ago · Callaghan O'Hare/Reuters. By Stanley Reed. Reporting from London. ... “BP’s weak share price is the result of a far-too-radical transition strategy,” Irene Himona, an analyst …
BP cuts senior leadership bonuses to 45% after missing targets - Reuters
15 hours ago · BP will cut bonuses for its senior leaders to 45% of target, Reuters reported, citing an internal memo, after the company missed some key financial goals in 2024.
BP's Quarterly Earnings at Four-Year Low as Weak Margins
1 day ago · (Reuters) - BP's fourth-quarter profit fell to $1.17 billion on Tuesday, marking the lowest earnings for the oil major in four years as weak margins dented its refining business. …
BP drops oil output target in strategy reset | Reuters News Agency
Oct 8, 2024 · Reuters exclusively reported that BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s energy transition strategy to …
BP profit slumps to near four-year low as oil demand sags - Yahoo …
Oct 29, 2024 · LONDON (Reuters) -BP on Tuesday reported a 30% drop in third-quarter profit to $2.3 billion, the lowest in almost four years, weighed down by weaker refining margins and oil …
BP shares hit highest since August on news of Elliott stake
1 day ago · By Arunima Kumar and Samuel Indyk. LONDON (Reuters) - Shares in BP rose by 7% to their highest since August in early trade on Monday, after investor Elliott Management built …