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Stock impact report

A Shareholders’ Revolt And 30% Stock Slump: Where Next For BP? [Forbes]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Forbes
For the year to April 17, BP's share price came in 32.42% lower. Year-till-date it is currently down 12.41% and has risen by just 14.42% over the past five years. Contrast the performance with that of its U.K.-listed peer Shell (LON: SHEL) which is down 16.2% on an annualized basis and 3.59% year-till-date for the same period but up 76.64% over five years. Not only does the long-term performance of Shell's stock put BP in the shade, that of U.S. supermajor ExxonMobil's (NYSE: XOM) stock, which logged an uptick of 144.45% over five years till date, makes it look absolutely sclerotic. The five-year stock price appreciation levels of Chevron (58.45%) and TotalEnergies (61.09%) also pip BP's by considerable margins. Unsurprisingly, markets and investors are loosing their patience with BP. An Activist Investor And A Shareholders' Revolt A much-needed jolt arrived on February 13, as activist investor Elliott Investment Management took a near-5% stake in BP . Known to shake things u Show less Read more
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