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BP, Elliott Investment Management

Elliott builds BP stake of nearly 5%, pushes for big divestments, source says

Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to transform its performance, including a big divestment programme, a source familiar with the matter told Reuters on Thursday.

Crude Oil Prices · 5d

Elliott Wants Big Asset Sales at BP After Building $4.75-Billion Stake

Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic changes at the oil and gas giant.

Bloomberg L.P. · 5d

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 standalone company, people with knowledge of the matter said.

Business Insider · 1h

BP Considers Castrol Sale as Elliott Turns Up the Heat

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor Elliott Management

16hon MSN

Paul Singer's Elliott Management bets against Nvidia after calling it a 'bubble' and saying AI is 'overhyped'

Elliott Management had "at least $600 million in downside exposure" to Nvidia stock at the end of December, one analyst said.

3don MSN

Activist Elliott has unfinished business at Phillips 66. How its plan to build value may unfold

Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...

7d

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 ...

9d

Elliott Management Targets BP Stake, Fueling Takeover Buzz

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

7don MSN

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 ...

BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major

BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...

8d

BP stock jumps after news of Elliott Management's stake: BBG

BP (BP) shares jump in Monday's pre-market session after activist investor Elliott Management has taken up a stake in the oil ...

9don MSN

Elliott Takes Stake in Struggling Oil Giant BP

The activist hedge fund is encouraging BP to consider more dramatic moves to restore the once venerable company’s fortunes.

4d

BP Investors Welcome Elliott as Oil Major Readies Strategy Reset

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...

GlobalData on MSN6d

Elliott Investment Management invests $2.5bn in Phillips 66

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

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