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

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“Elliott’s team is truly scary smart. Sometimes the emphasis is on ‘smart’ and other times it is on ‘scary’,” said Kai ...

Activist investor Elliott Investment Management has built a $2.5 billion stake in Houston-based energy company Phillips 66, according to reports published Tuesday. Elliott has said it hopes to push ...

Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.

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Wall Street closed mixed as investors weighed Federal Reserve Chair Jerome Powell's remarks on interest rates. Gains in ...

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 ...

Activist Elliott Investment Management on Tuesday disclosed a stake in Houston-based Phillips 66 valued at more than $2.5 billion, saying that it is pushing the oil refiner to consider operational ...

One of the reasons for keeping quiet was that my daughter-in-law was expecting their first child, and I didn’t want to ruin ...

Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 B in U.S. refiner Phillips 66 and plans to push for operational changes and the sale of the company's midstream ...

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