Cage rattler Elliott may spy big value in a smaller BP

Quick Summary:

Indeed, BP could fetch $26bn by disposing of some of its low carbon, pipeline and marketing businesses, Goldman Sachs believes.

And having upstream oil and gas production under the same roof as downstream refining is the recipe for a profitable trading desk.

BP’s attempts at pursuing the former have failed to ignite investors’ enthusiasm.

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Article Details

Category: MarketsFinanceInvesting

Markets: United StatesJapan

Topics: Business Failed Upstream Value Unlock Assets Financial 2025 Company Bp’s Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-13 @ 18:24:09 (5 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 516 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 26127111

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

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