BP’s decision to scrap buybacks may be painful in the short run, but by prioritising production growth over shareholder payouts it can begin to repair its shaky financial footing.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope ...
U.S. activist investor Elliott Investment Management has taken a short position against British oil major Shell as part of a global hedging program. Stream San Diego News for free, 24/7, wherever you ...
British oil major Shell reported its weakest quarterly profit in nearly five years on Thursday, a slump attributed to a softer crude price environment and unfavorable tax adjustments in the fourth ...
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope ...
LONDON (Reuters) -U.S. activist hedge fund Elliott Management, currently campaigning for more change at BP in its capacity as a BP shareholder, has taken a big short position in Shell, according to ...
Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.
As new venture Oxan looks to the future, Nicolas Paul-Dauphin reflects on his former company Eolfi’s brief role in an oil supermajor’s energy transition plans Pioneering French floating wind developer ...
U.S. activist investor Elliott Investment Management has taken a short position against British oil major Shell as part of a global hedging program. Elliott is said to have amassed an £850 million ($1 ...