Activist Elliott has unfinished business at Phillips 66. How its plan to build value may unfold
Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...
Elliott builds more than $2.5B stake in Phillips 66, wants it to sell or spin off midstream unit
Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...
Phillips 66 Stock Jumps as Elliott Reportedly Takes More than $2.5B Stake
Phillips 66 shares are jumping 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott ...
Activist Elliott Ratchets Up Pressure on Phillips 66 With Over $2.5 Billion Stake
The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.
Activist Elliott confirms $2.5B-plus stake in Phillips 66, urges pipeline unit sale or spinoff
Elliott Investment Management confirms a more than $2.5B stake in Phillips 66 and will seek to streamline the company, most ...
Elliott Builds $2.5 Billion Stake in Phillips 66, Pushes for Midstream Business Sale
(Reuters) - Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner ...
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 ...
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Aggressive Activist Investor is Gunning for Phillips 66
Elliott Investment Management is at it again, this time sinking its teeth into U.S. refiner Phillips 66 with a $2.5 billion ...
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 ...
Activist Investor Elliott Builds $2.5 Billion Stake In Phillips 66, Pressures For Midstream Spinoff: Report
Activist investor Elliott Investment Management has amassed a $2.5 billion stake in Phillips 66, significantly expanding its ...
Elliott says Phillips 66 should sell, spinoff Midstream unit, interest in CPChem
EST Elliott says Phillips 66 (PSX) should sell, spinoff Midstream unit, interest in CPChemMaximize Your Portfolio with Data Driven ...
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Activist investor Elliott wants Phillips 66 to spin off business, sell JV interest
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 ...