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

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 ...

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 ...

In a report released today, Theresa Chen from Barclays maintained a Hold rating on Phillips 66 (PSX – Research Report), with a price target of ...

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 ...

Activist investor Elliott Investment Management has amassed a $2.5 billion stake in Phillips 66, significantly expanding its ...

Phillips 66 ( NYSE: PSX) is scheduled to announce Q4 earnings results on Friday, January 31st, during market hours. Wall ...

Refiner Phillips 66 reported a smaller-than-expected loss on Friday as strength in its renewables segment offset a sharp decline in refining margins.

The activist investor demands that Phillips 66 separate or sell its midstream business, which it values at up to $40 billion, and sell its CPChem interest. Activist investor Elliott Investment ...