Oli majors unlikely to blink on dividends despite rising uncertainty
- Buybacks might take a slight hit, but dividends are safe Citigroup isn't expecting any panic in the oil patch just yet. In a new note on global oil and gas majors, analysts said the current econ...
BP leadership faces shareholder vote amid Elliott campaign, climate ire
BP's board is up for re-election at its annual general meeting on Thursday as the group faces activist shareholder Elliott Management and climate-focused investors who have called for a vote agains...
BP makes discovery in Gulf of Mexico, highlights focus on US energy production
BP PLC (LSE:BP.) made a deepwater oil discovery in the Gulf of Mexico/America, which it used to highlight its exposure to the USA.
BP disposals and spin-offs may ‘make sense' on activist pressure - analysts
BP PLC has emerged at the centre of activist pressure in several directions in recent days, leaving speculation over the likes of disposals or spin-offs. Citing reports that hedge fund Elliot Manag...
BP: 5 Levers To Pull At The Investor Day
We identify 5 levers which management should pull in order to improve BP's value and adress recent underperformance. Building partially on Shell's playbook, we believe key items to watch will be ho...
Lightsource bp secured 10 power purchase deals totalling 1.3 GW last year
Renewable energy developer Lightsource bp, a unit of British oil company BP , secured 10 power purchase agreements (PPAs) last year totalling 1.3 gigawatts (GW) of renewable energy capacity globall...
Dupixent® (dupilumab) sBLA Accepted for FDA Priority Review for the Targeted Treatment of Bullous Pemphigoid (BP)
If approved, Dupixent would be the first and only targeted medicine to treat BP in the U.S.; FDA decision expected by June 20, 2025
BP Earnings Miss. How Elliott Stake News Is Affecting the Stock.
The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.
BP says it will review buybacks and capex as part of strategy update
BP PLC (LSE:BP.) released fourth-quarter results that look mostly better than expected, with its remaining $1.75 billion quarterly buyback still in place, but the oil giant said it intends to revie...
BP's fourth-quarter earnings drops to four-year low
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 shares power ahead after activist takes stake; analysts have their say
BP PLC (LSE:BP.) shares climbed 7% in afternoon trading following reports that activist investor Elliott Management has taken a stake in the company, increasing pressure for strategic and leadershi...
BP shares jump 7% after Elliott Management takes stake – will there be leadership changes?
BP shares surged on Monday, rising nearly 7% in early trading, after reports emerged that activist hedge fund Elliott Investment Management had acquired a stake in the British oil giant. The size o...
BP strategy day takes on new significance with Elliott in wings, say analysts
BP PLC's upcoming strategic review "may have new impetus", analysts at Citi said after it emerged that activist investor Elliott Management is now involved, with other analysts suggesting chairman ...
BP is cheaper than its rivals. Now an activist investor has swooped in.
BP shares surged in early trade on Monday after the activist investor Elliot was reported to have taken a significant stake in the integrated oil giant.
BP shares hit highest since August after Elliott builds stake
Shares in oil major BP rose as much as 7% to their highest since August in early trade on Monday after Reuters reported Elliott Management had built a stake in the company, citing a source.
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