1 day ago · Activist Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66 and plans to push for operational changes to boost its stock, a person familiar with the ...

13 hours ago · WEST PALM BEACH, Fla., Feb. 11, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $2.5 billion in Phillips 66 ...

17 hours ago · Elliott plans to push Phillips 66 into selling or spinning off its midstream business, the report said. Phillips 66 already has disposed of more than $3.5 billion of what it calls non-core assets ...

1 day ago · 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, according to a person ...

Activist Elliott Investment Management has built a more than $2.5 billion stake in Phillips 66 PSX2.83%increase; green up pointing triangle and plans to push the oil refiner to consider ...

23 hours ago · Phillips 66 shareholder Elliott Investment Management has built a more than $2.5B stake in the oil refiner and plans to push for operational changes to boost the company's stock price.

Nov 29, 2023 · In its letter, Elliott outlined a path by which Phillips 66 can remedy its underperformance, improve its execution, restore trust with investors and unlock significant and sustainable value...

Nov 29, 2023 · Elliott Investment Management has taken a $1 billion stake in Phillips 66 and is urging the U.S. oil refiner and pipeline operator to revamp its board to boost lagging performance.

HOUSTON (Reuters) -Activist investor Elliott Investment Management has accepted the performance improvement plan that U.S. oil refiner Phillips 66 laid out to boost shareholder returns and...

15 hours ago · Phillips 66 has already responded to Elliott’s pressure by appointing refining expert Robert Pease to its board and pursuing a $3 billion asset sale program, with $2.7 billion completed since ...