Activist investor Elliott Investment Management LP wants Houston-based Phillips 66 (NYSE: PSX) to spin off its midstream ...

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

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

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

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

Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66, a person familiar with ...

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

Phillips 66 (PSX) shares gained over 6% in premarket trade on Tuesday, headed toward their highest level in over two months ...

Elliott Investment Management has acquired a significant stake in oil refiner Phillips 66 and is pushing for operational changes. The activist investor aims to simplify the company's operations and ...

BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...

Each company will have its own distinct strategy, a simplified focus, greater financial flexibility, its own board of ...