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BP Shares Jump as Elliott Management Takes Stake, Pressuring Oil Major on Strategy
BP shares surged early Monday after reports surfaced that activist investor Elliott Management has taken a stake in the oil major. BP has underperformed its British and U.S. energy peers. The company ...
Elliott’s Activism Success Gives Hope for BP’s Depressed Shares
Beleaguered shareholders of BP Plc who’ve watched their investment lag over the past few years are banking on activist Elliott Investment Management LP’s track record to help them extract some value ...
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Elliott Investment Management Targets BP for Strategic Overhaul
BP shares rose sharply after it was revealed that activist hedge fund Elliott Investment Management had taken a stake in the ...
BP shares jump after activist investor reportedly buys stake
BP shares jump after activist investor reportedly buys stake - The reported stake-buying by Elliott has fuelled speculation ...