BP Plc has put an oil and gas revival at the heart of its turnaround plan, and upstream chief Gordon Birrell is leading the ...

Find your next big winner with StockStory today. MNRO Q1 Earnings Call: Management Details Turnaround Plan Amid Margin Pressure (© StockStory)© StockStory ...

Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s expectations, people with knowledge of the matter said.

Oil group BP <BP.L> stepped up the pace of its turnaround on Tuesday, outlining a plan to slash its workforce by 15 percent, cut over $1 billion (509 million pounds) in costs and adopt a ...

BP's Turnaround Plan Tested by Weak Earnings, Falling Shares BP Plc’s plan to turn around years of poor performance got off to a rocky start as the first set of earnings since the company’s big ...

BP managed to bring about a massive turnaround in its bottom-line performance last quarter due to strength in the upstream segment, which did well despite lower oil prices. The company's ...

Act Two, which will play out during the next 18 months, will involve implementing the turnaround plan. And Act Three, which we'll likely see in 2012, will be a new, smaller, post-crisis BP that is ...

Shares of BP have lost almost a third of their value in the last 12 months as a turnaround plan has fallen flat with investors and oil prices tumbled.

BP shares rose by 1.6% to 429.90p as of 11:05 a.m. in London, outperforming most European energy peers of the Stoxx Europe 600 Energy Index, which rose 0.2%.

The stakes are high, yet BP’s vulnerability could also be the genesis of a true Ben Graham-style value opportunity should the turnaround plan bear fruit.

Oil group BP Plc <BP.L> stepped up the pace of its turnaround on Tuesday, outlining a plan to slash its workforce by 15 percent, cut over $1 billion in costs and adopt a more generous ...