BP Elliott Investment Management

Elliott Ramps Up Pressure on BP

Elliott Ramps Up Pressure on BP as New Strategy Falls Short

Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s expectations, people with knowledge of the matter said.

Seeking Alpha on MSN · 12h

Elliott ramps up pressure on BP as strategic reset disappoints - Bloomberg

Elliott Investment Management plans to ramp up pressure on BP (NYSE:BP) after the company's turnaround plan was seen as lacking in urgency and ambition, Bloomberg reported Thursday. While the plan marks a departure from BP's (NYSE:BP) previous strategy,

Business Insider · 15h

Activist Investor Elliott Slams BP’s Turnaround Strategy

Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According to a Bloomberg

BP announces boost in oil, gas production

Hosted on MSN · 10h

BP cuts renewable investment and boosts oil and gas in strategy shift

BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and investor confidence.

Investopedia on MSN · 1d

BP Boosts Oil and Gas Spending as Energy Giant Pivots From Low-Carbon Focus

BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon strategy.

The New York Times · 1d

BP to Focus More on Oil and Gas in Strategy ‘Reset’

The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.

BP’s Strategy Reset: Five Things to Watch as Elliott Circles

BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

18h

Elliott Ramps Up Pressure on BP as Turnaround Plan Falls Short

Elliott Investment Managementis ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s expectations, people with knowledge of the matter said.

Exclusive: BP to ditch renewables goals and return focus to fossil fuels

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil ...

2don MSN

Report: BP to drop renewable energy goals in favor of fossil fuels

The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.

BP’s Reset Finds Lukewarm Response as Shares Erase Elliott Gains

BP Plc’s crucial strategy reset, which included a pivot back to oil and promises to sell assets, appeared to win few plaudits ...

Why Paul Singer, the octogenarian founder of $72 billion Elliott Management, does not have fun at work

In a rare interview, the Elliott Management founder Paul Singer talked about the hedge fund's activism, market risks, and ...

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