Post Tagged with: "Elliott Management"

Source: Reuters

Exclusive: Elliott Management invests in small Guyana oil explorer – sources


NEW YORK/LONDON – Activist hedge fund Elliott Management Corp has invested at least $30 million in Cataleya Energy, a small firm focused on oil exploration in Guyana, the world’s newest oil and gas hot spot, two people familiar with …

November 24, 2020 - 1:30 pm Closing Bell Story‎, Crude Oil News, Energy News, International
Source: Reuters

Elliott seeking to break up Noble Energy’s sale to Chevron: Bloomberg reporter


Activist investor Elliott Management is seeking to break up Noble Energy Inc’s $5 billion sale to oil major Chevron Corp, a Bloomberg reporter tweeted here on Wednesday.

A notice posted on the U.S. Federal Trade Commission website on Tuesday


Marathon heads into earnings targeted by activist investors

Source: Reuters

(Reuters) – Marathon Petroleum Corp will release earnings on Thursday at a time when activist investors are pressuring company executives to make major changes, including potentially spinning off its retail gasoline unit that enjoyed strong margins in the …

Source: QEP Resources

Elliott Targets Permian with $2 Billion Buyout Offer

QEP offer represents 44% premium
American oil and gas is once again being rocked by an activist investor, as Elliott Management has submitted a bid to acquire QEP Resources (stock ticker: QEP).

Elliott is proposing to acquire QEP for $8.75/share