U.K. oil major BP said Wednesday it’s having a “fundamental reset,” having fallen far behind U.S. rivals Exxon and Chevron in ...
British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas ...
Added to that, for BP to meet its goals of increasing free cash flow and raising returns, it needs a Brent crude price of $70 ...
BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...
BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...
BP initially pledged in 2020 under former CEO Bernard Looney to cut oil and gas production by 40% while expanding its ...
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Zacks.com on MSNShell-BP Merger: A European Energy Titan in the Making?As Shell and BP merger rumors swirl, industry giants are consolidating to stay competitive. A new wave of oil mergers is ...
BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. Read why I remain very bullish on ...
Elliott Management, managing $70B, has reportedly taken a stake in BP, urging significant changes to improve performance.
Shares in BP (UK:BP, BP) rose, following news the activist hedge-fund firm Elliott Management had built a stake in the U.K. oil company and plans to push for transformational changes. BP recently stoo ...
BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...
BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has ...
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