Activist Elliott Management Wants Phillips 66 To Spinoff This Segment To Boost Stock Price
Phillips 66 stock moved higher before the stock market open on news Elliott Management has increased its stake in the company ...
Breakfast News: Activist Eyes Black Gold
Activist hedge fund Elliott Investment Management has grown its stake in Phillips 66 ( PSX 2.83%) to $2.5 billion. This puts ...
BP at risk of takeover without renewed oil and gas focus success
Sky's Ian King says the company's expected reprioritisation of oil and gas revenues has long been demanded by investors whose returns have lagged those seen at rivals.
Phillips 66 Stock Is Rising. Activist Investor Elliott Wants More From Refiner.
Elliott has built up a $2.5 billion position in Phillips 66 and will push for operations changes to boost the stock, The Wall ...
Former Shell, Anglo bosses back conflict resolution group
Resource Resolutions, backed by former Shell chair Chad Holliday and former Anglo American chief executive Mark Cutifani, aims to help facilitate dialogue between warring parties to help resolve ...
BP Plans to 'Fundamentally Reset' Strategy Amid Reports of Elliott Stake
BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a ...
Activist Elliott Management ramps up stake in Phillips 66 to $2.5 billion
CNBC's Andrew Ross Sorkin reports on the latest news.
Activist Elliot builds more than $2.5B stake in Phillips 66, WSJ says
Activist investor Elliot Investment Management has built up a stake of more than $2.5B in Phillips 66 (PSX) and plans to push the company to ...
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BP pledges reset as annual profit dips below US$9 billion
BP CEO Murray Auchincloss pledged on Tuesday (Feb 11) to fundamentally reset the company’s strategy as it reported a 35 per ...
Will BP head back to oil? Boss pledges fundamental reset as profits hit four-year low
The chief executive of BP has vowed to 'fundamentally reset' the group's strategy after its annual profits fell by more than ...
Phillips 66 stock is climbing. An activist investor wants a change.
Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in ...
Elliott has reportedly increased its Phillips 66 stake. Here's its plan.
Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in the energy space. The Wall Street Journal reported that Elliott, which had ...