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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 Elliott Management is pushing for change at the company.

The New York Times · 1d

BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources and a bigger investment in oil and natural gas production.

The Financial Times · 1d

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. On Tuesday, the group reported underlying profits of $1.

fintechmagazine1d

How FIS Revenue Insight Will Improve Cash Flow Management

FIS Revenue Insight will use AI-powered predictive analytics to provide proactive risk management and improve cash flow and reduce error-prone processes ...

Wichita Eagle13d

Cash management vs. treasury management: What’s the difference

Cash management focuses on short-term Cash management focuses on the immediate flow of money in and out of a ...

Enterprise Products Partners: Plenty Of Options To Grow Free Cash Flow...Even Without SPOT

The Bahia pipeline is upgradeable, allowing Enterprise Products Partners to focus on NGLs. Read why EPD stock remains a ...

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