Norwegian oil exploration and production company Aker BP, built from a series of mergers and acquisitions in the last decade, ...
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. Read why I remain very bullish on ...
BP chief Murray Auchincloss says the restructuring will ‘be a new direction for BP’ - Amr Alfiky/Reuters. BP has halted all ...
Norway's Aker BP raised its quarterly dividend by 5% on Wednesday and said capital expenditure is set to rise sharply this ...
BP PLC (BP) reports increased upstream production, a 10% dividend hike, and $7 billion in share buybacks, while navigating ...