Showing 37 to 42 of 42 results
Elliott Investment Sends BP Shares Soaring
Activist investor Elliott Investment in BP caused a 7.4% surge in BP's shares to 465.15p, prompting speculation about potential company restructuring, leadership changes, and divestment from renewable energy projects due to underperformance compared to rivals.
Elliott Investment Sends BP Shares Soaring
Activist investor Elliott Investment in BP caused a 7.4% surge in BP's shares to 465.15p, prompting speculation about potential company restructuring, leadership changes, and divestment from renewable energy projects due to underperformance compared to rivals.
Progress
60% Bias Score
BP, BAT, and UK Banks Face Investor Scrutiny Amidst Shifting Energy and Economic Landscapes
BP will release its full-year results on February 11th, with investors closely watching its future strategy, following underperformance relative to global peers and concerns about the pace of its transition to renewable energy; British American Tobacco will announce its 2024 preliminary results on F...
BP, BAT, and UK Banks Face Investor Scrutiny Amidst Shifting Energy and Economic Landscapes
BP will release its full-year results on February 11th, with investors closely watching its future strategy, following underperformance relative to global peers and concerns about the pace of its transition to renewable energy; British American Tobacco will announce its 2024 preliminary results on F...
Progress
20% Bias Score
BP's Q3 Profit Down, But Share Buybacks and Low-Carbon Investments Offset Losses
BP plc's Q3 2024 results showed a decline in profit to $2.3 billion and revenue to $47 billion due to lower oil prices, but the company announced a new $3.5 billion share buyback program and continues investing in low-carbon energy.
BP's Q3 Profit Down, But Share Buybacks and Low-Carbon Investments Offset Losses
BP plc's Q3 2024 results showed a decline in profit to $2.3 billion and revenue to $47 billion due to lower oil prices, but the company announced a new $3.5 billion share buyback program and continues investing in low-carbon energy.
Progress
44% Bias Score
Elliott Investment Stake Sends BP Shares Soaring
BP's shares surged 8%—its biggest jump since 2020—after activist investor Elliott Investment Management took a stake, prompting speculation of strategic changes, including board shakeups and a potential return to focusing more on fossil fuels.
Elliott Investment Stake Sends BP Shares Soaring
BP's shares surged 8%—its biggest jump since 2020—after activist investor Elliott Investment Management took a stake, prompting speculation of strategic changes, including board shakeups and a potential return to focusing more on fossil fuels.
Progress
44% Bias Score
BP Announces 7,700 Job Cuts in Cost-Cutting Drive
BP, a British oil firm, announced 4,700 job cuts and 3,000 contractor reductions on Thursday, aiming for $2 billion in cost savings by 2026, primarily impacting office-based roles and potentially impacting its energy transition commitments.
BP Announces 7,700 Job Cuts in Cost-Cutting Drive
BP, a British oil firm, announced 4,700 job cuts and 3,000 contractor reductions on Thursday, aiming for $2 billion in cost savings by 2026, primarily impacting office-based roles and potentially impacting its energy transition commitments.
Progress
40% Bias Score
BP and JERA Form Joint Venture, Creating a Top-Five Global Offshore Wind Operator
BP and JERA created JERA Nex bp, a 50-50 offshore wind joint venture with a potential 13 GW capacity and $5.8 billion funding, reflecting a broader industry trend toward prioritizing profitable oil and gas investments amid rising renewable energy costs.
BP and JERA Form Joint Venture, Creating a Top-Five Global Offshore Wind Operator
BP and JERA created JERA Nex bp, a 50-50 offshore wind joint venture with a potential 13 GW capacity and $5.8 billion funding, reflecting a broader industry trend toward prioritizing profitable oil and gas investments amid rising renewable energy costs.
Progress
44% Bias Score
Showing 37 to 42 of 42 results