elliott phillips 66 - Search News

Activist Elliott UPS Stake in Phillips 66

The Associated Press on MSN · 12h

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 for the energy company to either sell or spin off its midstream unit to help boost its stock price.

Hosted on MSN · 8h

Elliott builds $2.5 billion stake in Phillips 66, pushes for midstream business sale

Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner Phillips 66, and plans to push for operational changes and the sale of the company's midstream business.

Wall Street Journal · 13h

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.

14h

Elliott discloses over $2.5B position in Phillips 66, sends letter to board

Elliott Investment Management L.P., which manages funds that together have an investment of more than $2.5B in Phillips 66 (PSX), sent a letter ...

5h

Energy Up as Elliott Buys Into Phillips 66, BP -- Energy Roundup

Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.

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