Elliott Investment Management has built up its stake in BP Plc to just over 5% of shares, as the activist investor increases its pressure campaign at the struggling oil giant. The holding ...

Activist investor Elliott Management has declared a stake of over 5% in BP and has urged the company to boost cash flow via spending cuts. “Eight weeks ago, we announced a fundamentally reset ...

April 22, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together make it a top five shareholder in Phillips 66 (NYSE: PSX) (the "Company" or ...

In arguing against Elliott's break-up thesis in the letter, Phillips 66 said the investment firm has a conflict of interest due to its separate efforts to buy Citgo Petroleum. Citgo's parent ...

Phillips 66 (NYSE:PSX) told shareholders Monday that Elliott Investment Management should end its drive to break up the company, because the activist investor is conflicted from a separate effort ...

LONDON, April 22 (Reuters) - Activist hedge fund Elliott holds 5.006% of voting rights in BP (BP.L), opens new tab, according to a regulatory notice published on Tuesday, crossing the threshold ...

LONDON (Reuters) - Activist hedge fund Elliott holds 5.006% of voting rights in BP, according to a regulatory notice published on Tuesday, crossing the threshold that requires reporting of big ...

“We released a resource that looks at the way the original Anzacs were involved in crushing the national revolution of the Egyptians in 1919,” she told Tom Elliott. Press PLAY to hear her clash with ...

The company spent years moving away from its established oil and gas business, only to shift back after activist investor Elliott Management built up a stake and pushed for change. At BP’s ...

A “beloved” Texas politician was stabbed and her husband murdered at their home early Monday — with their grandson charged with the bloodbath. Longtime Denton County Commissioner Bobbie J.

Isabell Regina Elliott of Manchester Twp, N.J. passed away on April 10, 2025 at age 99. A resident of Oradell, N.J., for over 40 years, she was predeceased by husband Lloyd and is survived by sons ...

BP’s $3.5 billion share buyback plan is facing fresh scrutiny as oil prices soften and activist investor Elliott Management intensifies pressure on the company to boost returns through ...