Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...

Activist investor Elliott Investment Management lifted its stake in energy company Phillips 66 (PSX) with over $2.5 billion ...

The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.

(Reuters) - Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner ...

Elliott has built up a $2.5 billion position in Phillips 66 and will push for operations changes to boost the stock, The Wall ...

Phillips 66 shareholder Elliott Investment Management has built a more than $2.5B stake in the oil refiner and plans to push ...

Energy giant BP plc (BP) announced a strategy reset and a $1.75 billion stock buyback program after missing fourth quarter ...

Elliott Investment Management is at it again, this time sinking its teeth into U.S. refiner Phillips 66 with a $2.5 billion ...

Elliott, which has successfully pushed for changes at some of the world's largest companies, said Phillips 66 should ...

Phillips 66 (PSX) is a leading energy manufacturing and logistics company based in Houston, Texas. With a market cap of $51.6 ...

Activist Elliott Investment Management had a clear roadmap for refining giant Phillips 66 when it took its first $1 billion stake in the company in late 2023. The company, though, has ...

Shares of Phillips 66 rose sharply in early trading Tuesday after The Wall Street Journal reported that Elliott Investment Management has built a stake of more than $2.5 billion in the oil refiner.