BP pledges ‘fundamental reset’ of strategy

British oil major BP reports sharp drop in fourth-quarter profit, vows strategy reset
British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to "fundamentally" reset the embattled energy company's strategy.
BP's fourth-quarter earnings drops to four-year low
BP's fourth-quarter profit fell to $1.17 billion on Tuesday, marking the lowest earnings for the oil major in four years as weak margins dented its refining business.
BP pledges ‘fundamental reset’ of strategy as profits sink
BP has pledged to “fundamentally reset” its strategy and improve its performance as the struggling oil major reported a steep drop in profits for the final quarter of last year.
BP boss vows to ‘reset’ strategy after annual profits slump
BP’s boss has pledged to “fundamentally reset” the firm’s strategy as annual profits slumped by more than a third and as the oil giant faces pressure from an activist investor. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
BP promises fundamental reset as Q4 profit hit four-year low
BP reported quarterly profit of $1.17 billion on Tuesday, higher than expected, but the lowest in four years, while the company promised to reset its strategy, after news broke at the weekend that investor Elliott Management had built up a stake.
BP profits drop as it says it will reset strategy
Oil giant BP's profits dropped sharply last year with the firm saying it will "fundamentally reset" its strategy. It is widely expected to say later this month that it will scale back renewable projects following similar moves from rivals including Equinor.
BP is cheaper than its rivals. Now an activist investor has swooped in.
BP shares surged in early trade on Monday after the activist investor Elliot was reported to have taken a significant stake ...
BP Announces Strategy Reset to Focus on Cash Flow, Returns
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
BP's quarterly earnings at four-year low as weak margins dent refining business
BP's fourth-quarter profit fell to $1.17 billion on Tuesday, marking the lowest earnings for the oil major in four years as ...
BP 4Q Replacement Cost Loss of $1.95B
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BP Set To Report Q4 Earnings As Elliot Management Builds Stake: Declining Margins, Revenues In The Spotlight
BP shares are trading higher Monday after activist investment fund Elliot Management built a stake in the British oil company.