Shares rose nearly 4% in Tuesday morning trading. In a letter to Phillips 66's board, Elliott said that it believes the company could get more than $40 billion for its midstream business ...

Elliott Investment Management has built a more ... a former president of Shell Trading Co., to its board to provide more refining experience. Phillips 66 has also been in the midst of a multiyear ...

The company has been working with Elliott and last year said it would name Robert Pease, a former president of Shell Trading Co., to its board to provide more refining experience. But its stock ...

Phillips 66 shares surged 4.9% before the start of regular trading in New York. Elliott, which has successfully pushed for changes at some of the world’s largest companies, said Phillips 66 ...

Phillips 66 (NYSE:PSX) +5.4% in Tuesday's trading after Elliott Investment Management confirmed a more than $2.5B stake in the oil refiner, and will seek to streamline the company, most notably ...

Elliott is known for building positions in beaten ... BP shares responded to the news Monday, leaping by as much as 8.2% in London trading, the most intraday since November 2020, before trimming ...

The European stock markets closed higher in Monday trading as The Stoxx Europe 600 ... And in corporate news, Elliott Investment Management has amassed a stake in BP, media reports said Sunday ...