BP’s declining market value and strategic instability have fueled speculation of a takeover by Shell or ExxonMobil, with ...

BP p.l.c. generated fairly stable results in oil production in the first quarter and continued to spend a lot of money on ...

BP’s high-yield dividend and discounted valuation make it an appealing pick for income-focused investors, especially with takeover rumors swirling. If a deal materializes, shareholders could see a ...

Helen Thomas was the European editor for Heard on the Street, based in London.

Unnamed sources familiar with the developments have told Bloomberg that Shell was studying a takeover that would depend on ...

Speculation about another oil giant taking over BP is not new—such rumors have been ... that Shell was studying a takeover that would depend on whether the BP stock would continue to decline ...

Shares in oil giant BP (BP) climbed higher today on reports that several of its major rivals are looking at making a takeover bid ... Shell and Chevron stock were both up 1.3% with Exxon up ...

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Meanwhile, activist investor Elliott Management is pushing for more aggressive goals to get the company back on its feet.

which has been hit by a sharp decline in the stock over the past year. “The continued underperformance of BP makes it open to a takeover,” a person close to activist investor Elliott Management ...