Shell denied a takeover but the rumor highlights what investors are starting to see: BP’s deep discount and strategic pivot may be ripe for revaluation. Trading near $30 per share and up just 3% ...
More takeover talk involving potentially several suitors was lifting shares of BP on Friday. U.K. shares of BP UK:BP rose over 3% on Friday, while U.S.-listed shares BP gained over 2%. Barbara ...
BP (NYSE:BP) has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the unit, Reuters reported Thursday, marking a key step in the company's ...
LONDON, May 19 (Reuters Breakingviews) - Elliott Investment Management’s next big move at BP (BP.L), opens new tab is installing board leadership it likes. The U.S. activist, which now holds 5% of the ...
BP is deeply undervalued versus US peers, with a wide valuation gap that I expect to close over this decade. The company's strategic reset, refocusing on oil and gas, positions it for significant cash ...
BP Plc has put an oil and gas revival at the heart of its turnaround plan, and upstream chief Gordon Birrell is leading the push to make the business a more reliable driver of profits. The ...
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