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BP, Elliott

US activist investor now third largest shareholder in BP

Elliott Investment Management expected to use its influence to force supermajor to move away from low-profit renewables

Bloomberg L.P. · 2d

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 from their positions.

Business Insider · 3d

BP shares jumped 8% after renowned activist investor Elliott took a stake in the energy giant

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

Elliott builds $2.5 billion stake in Phillips 66

Investopedia on MSN · 3d

BP Stock Jumps as Elliott Reportedly Builds Stake

BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has amassed a stake in the British oil giant and is seeking to make changes.

Reuters on MSN · 2d

Elliott builds $2.5 billion stake in Phillips 66, pushes for midstream business sale

Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner Phillips 66, and plans to push for operational changes and the sale of the company's midstream business.

U.S. News & World Report · 2d

Elliott Builds More Than $2.5B Stake in Phillips 66, Wants It to Sell or Spin off Midstream Unit

Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking for the oil company to either sell or spin off its midstream unit to help

32m

Elliott Pushes Big Cost Cuts at BP to Preserve Its Independence

Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...

23mon MSN

Hedge fund Elliott commands attention in C-suites as relentless activist

By Svea Herbst-Bayliss NEW YORK (Reuters) -When Elliott Investment Management buys into a company to agitate for change, ...

2don MSN

BP Plans to 'Fundamentally Reset' Strategy Amid Reports of Elliott Stake

KEY TAKEAWAYS BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly ...

Crude Oil Prices2d

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 ...

1h

US raider demands green energy sell-off at BP

BP has been ordered to cut spending on renewable energy by its third largest shareholder as pressure grows on the oil giant ...

1d

BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

1d

Energy Up as Elliott Buys Into Phillips 66, BP -- Energy Roundup

Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.

2don MSN

Factbox-Activist Elliott's recent holdings and campaigns

Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66, a person familiar with ...

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