BP Gets a Big Activist Investor. Stock Is Rising.

BP Gets a Big Activist Investor. The Stock Is Rising.
Hedge fund Elliott Management has built a stake in the oil major, The Wall Street Journal reported, and will push for transformational change.
BP is cheaper than its rivals. Now an activist investor has swooped in.
BP shares surged in early trade on Monday after the activist investor Elliot was reported to have taken a significant stake in the integrated oil giant.
BP shares surge as activist investor Elliott builds stake
BP is poised to open at its highest since August, after activist investor Elliot Management was reported to have taken a significant stake in the company.
BP shares jump after activist investor reportedly buys stake in oil giant
We don’t know how big its stake is, or exactly what its plans are for BP – will it try to break the company up, or could it try to force a sale of the company?'
BP Faces Pivotal Moment as Activist Investor Elliott Enters Fray
BP Plc’s dramatic under-performance compared with other oil majors has reached a crunch point — a looming showdown with one of the world’s most aggressive activist investors.
BP Stock Rises After Elliott Takes Stake in British Oil Major
Shares in BP (UK:BP, BP) rose, following news the activist hedge-fund firm Elliott Management had built a stake in the U.K. oil company and plans to push for transformational changes. BP recently stoo
BP shares jump after activist investor reportedly buys stake
The reported stake-buying by Elliott has fuelled speculation over strategy changes at the oil giant and an overhaul of its management.
BP Stock Rises Premarket On Reports Of Activist Investor Elliott Taking A Stake: Retail’s Bullish
BP Plc (BP) stock rose 6.7% in premarket trade on Monday and remained on track to open at its highest since August, on reports that Elliott Investment Management has built a stake in the oil major. Bloomberg News reported on Saturday that Elliott’s stake in BP was “significant” and that the activist investor believed that BP is ‘significantly
BP stock jumps after news of Elliott Management's stake: BBG
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BP Expected to Report Lower Earnings as Refining Margins Remain Weak -- Earnings Preview
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State-owned Oil and Natural Gas Corporation (ONGC) last month signed a technical service contract with BP to reverse ...