Reuters on MSN27m
BP promises fundamental reset as Q4 profit hit four-year low
BP reported quarterly profit of $1.17 billion on Tuesday, weaker than expected and the lowest in four years, while the ...
BP Earnings Hit 4-Year Low. How Elliott Stake News Is Affecting the Stock.
The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.
Activist Elliot builds more than $2.5B stake in Phillips 66, WSJ says
Activist investor Elliot Investment Management has built up a stake of more than $2.5B in Phillips 66 (PSX) and plans to push the company to ...
Business Times41m
BP pledges reset as annual profit dips below US$9 billion
BP CEO Murray Auchincloss pledged on Tuesday (Feb 11) to fundamentally reset the company’s strategy as it reported a 35 per ...