BP's Q4 disappoints as Elliott Mgmt. discloses stake in Phillips 66
Energy giant BP plc (BP) announced a strategy reset and a $1.75 billion stock buyback program after missing fourth quarter ...
Here’s Where Phillips 66 and Elliott Don’t See Eye to Eye
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 ...
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Elliott Builds More Than $2.5 Billion Stake in Phillips 66
Elliott Investment Management has built a more than $2.5 billion stake in oil refiner Phillips 66, and plans to push the company to sell or spin off its midstream business, Bloomberg reports.
Energy Up as Elliott Buys Into Phillips 66, BP -- Energy Roundup
Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.
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This company just announced a $2.5B investment into Phillips 66
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 ...
Reuters4d
Elliott builds $2.5 billion stake in Phillips 66, pushes for midstream business sale
Phillips 66 shares rose 3.3% in late morning trade. Last year, Elliott disclosed a $1 billion stake in Phillips 66, following which the company laid out a performance improvement plan to boost ...
Bank of America Securities Sticks to Its Buy Rating for Phillips 66 (PSX)
In a report released today, Jean Ann Salisbury from Bank of America Securities maintained a Buy rating on Phillips 66 (PSX – Research Report).
Phillips 66 stock underperforms Wednesday when compared to competitors
Shares of Phillips 66 PSX shed 3.48% to $125.04 Wednesday, on what proved to be an all-around rough trading session for the ...