Shell reported stronger earnings after volatility in crude markets boosted performance in its oil trading operations during the latest quarter.
Shareholders are in line for more returns as BP increases its payouts.
BP Increases Dividend and Launches $750m Share Buyback
BP Unveils Biggest Oil and Gas Find in a Quarter Century
BP has confirmed a major oil and gas discovery at the Bumerangue prospect in Brazil’s Santos Basin, which marks its largest find in 25 years
Shell says it has “no plans” to make a bid for BP.
Shell PLC (LSE: SHEL, NYSE: SHEL) has firmly rejected claims from a Wall Street Journal report suggesting it has held talks about a potential takeover of BP PLC (LSE: BP).
Shares in BP have jumped 4.00% towards the top of the FTSE 100 leaderboard
BP Shares Surge Amid Takeover Talk as Market Values Lag Asset Worth BP shares have jumped 4.00% in early trading on Friday, putting the UK oil major near the top
BP Faces Showdown at AGM as Tariffs Sink Oil Prices and Net Zero U-turn Sparks Investor Revolt
BP is bracing for a turbulent annual general meeting today, as plummeting oil prices and internal shareholder tensions threaten to dominate proceedings.
BP to invest $10 billion in oil and gas exploration as it shifts away from net-zero commitments
BP PLC (LON: BP.) shares dropped as much as 2.2% as the company confirmed its “reset” strategy, which includes increasing oil and gas investment to $10 billion annually while cutting
BP shares climbed 8% after US hedge fund Elliott Management acquired a stake.
Shares in BP surged by 8%—the biggest jump since 2020—after activist investor Elliott Investment Management was revealed to have acquired a stake in the UK oil giant.
Superdry PLC (LON:SDRY) soared after The Times reported a hedge fund has taken a 5% stake
Superdry PLC’s (LON: SDRY) shares surged by 64% following a report by The Times that a hedge fund has acquired a 5% stake, amidst increasing speculation about a potential takeover
Hedge fund Melvin Capital lost 49% on its investments in Q1 -source
BOSTON (Reuters) -Melvin Capital, the hedge fund at the centre of the GameStop trading frenzy, lost 49% on its investments during the first three months of 2021, a person familiar