Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for ...

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 is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...

BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a ...

According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...

The Dallas-based airline is shrinking its board from 15 members to 13 as part of an agreement with activist investor Elliott ...

BP shares jumped at the market open following weekend reports that activist investor Elliott Management has built a stake in ...

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

BP shares rose sharply after it was revealed that activist hedge fund Elliott Investment Management had taken a stake in the ...

BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...

BP shares have dropped almost 8%, compared with a gain of about a third for its closest rivals Shell and TotalEnergies.

The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.