Activist Investor Elliott Builds $2.5 Billion Stake In Phillips 66, Pressures For Midstream Spinoff: Report
Activist investor Elliott Investment Management has amassed a $2.5 billion stake in Phillips 66, significantly expanding its ...
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 midstream business.
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Phillips 66 to Strengthen NGL Foothold With $2.2B EPIC NGL Deal
expanding Phillips 66’s connectivity to global markets. PSX currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks from the energy sector are TechnipFMC plc FTI, Sunoco LP SUN and ...
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Phillips 66 Q4 Loss Narrower Than Expected, Revenues Top Estimates
Phillips 66 PSX reported fourth-quarter 2024 adjusted ... PSX currently carries a Zacks Rank #4 (Sell). Sunoco LP is one of the largest distributors of motor fuel in the United States.
Activist Elliott Builds Over $2.5 Billion Stake in Phillips 66, WSJ Reports
(Reuters) -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 price, the Wall ...
Phillips 66 Q4 profit plunges, shares fall on weak refining margins
Refiner Phillips 66 reported a smaller-than-expected loss on Friday as strength in its renewables segment offset a sharp ...