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BP Plc has put an oil and gas revival at the heart of its turnaround plan, and upstream chief Gordon Birrell is leading the ...
BP Plc’s plan to turn around years of poor performance got off to a rocky start as the first set of earnings since the company’s big strategy reset disappointed investors. Author of the article: ...
The hedge fund sees BP Chief Executive Officer Murray Auchincloss’s turnaround plan as lacking in urgency and ambition, the people said, asking not to be identified the information is private.
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Elliott ramps up pressure on BP as strategic reset disappoints - MSNElliott 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 ...
The June 26 news comes after reports that Shell entered early talks to buy BP in what would easily represent the largest energy deal of the century—if not ever. But with Shell s ...
BP Plc rose on May 5 after Bloomberg reported that Shell Plc is working with advisers to evaluate a potential acquisition of its U.K. rival. BP’s American depositary receipts climbed 1.9% to $28 ...
In its announcement of the new strategic plan, BP put expected 2025 capex at around $15 billion and 2026-27 capex at approximately $13-15 billion. It affirmed the 2026-27 capex plan on Tuesday.
Shares of BP have lost almost a third of their value in the last 12 months as a turnaround plan has fallen flat with investors and oil prices tumbled.
Shell is reportedly working with advisers to evaluate a potential acquisition of BP, ... Shares of BP have already lost nearly a third of their value in the last 12 months as a turnaround plan has ...
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.
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