BP Stock Reacts to Earnings Miss. Exxon, Chevron Rival's Elliott Stake News. - Barron's
1. BP plans strategic overhaul after reporting four-year low earnings. 2. Activist investor Elliott Management has taken a stake in BP, increasing pressure. 3. Analysts expect BP's buyback program may be reduced due to high debt. 4. BP's fourth quarter earnings missed expectations, impacting market confidence. 5. CEO Murray Auchincloss faces scrutiny over past operational decisions.