BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
BP's fourth-quarter profit fell 61% to its lowest level since 2020.
(Reuters) - BP's fourth-quarter profit fell to $1.17 billion on Tuesday, marking the lowest earnings for the oil major in ...
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
BP CEO Murray Auchincloss announced plans to reset the company's strategy after a 35% decrease in annual profits, missing ...
Investors are frustrated at the valuation gap between BP and its London-listed rival Shell, as well as US energy giants ...
The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.