From Morningstar: 2025-03-25 04:44:00

BP’s shares are up 10% this year, surpassing Shell. Activist hedge fund Elliott Management acquired a 5% stake in BP, pushing for a return to fossil fuels. BP hired new directors to facilitate this pivot. Speculation of a takeover and a potential Shell-BP merger are on the rise. BP’s shares are currently trading below Morningstar’s fair value estimate at 443p. The company yields over 5% in dividends and has a history of raising payouts.



Read more at Morningstar: Stock Of The Week: Why Are BP Shares Rising?