Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...

The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.

Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...

StockNews.com downgraded shares of Phillips 66 (NYSE:PSX – Free Report) from a hold rating to a sell rating in a research note released on Friday. A number of other research firms have also issued ...

Phillips 66 shares are jumping 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott ...

Elliott has built up a $2.5 billion position in Phillips 66 and will push for operations changes to boost the stock, The Wall ...

Elliott Investment Management confirms a more than $2.5B stake in Phillips 66 and will seek to streamline the company, most ...

Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in ...

Elliott, which has successfully pushed for changes at some of the world's largest companies, said Phillips 66 should ...

Elliott Investment Management is at it again, this time sinking its teeth into U.S. refiner Phillips 66 with a $2.5 billion ...

Phillips 66 stock moved higher before the stock market open on news Elliott Management has increased its stake in the company ...