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 ...

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 ...

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 ...

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.

Shares of Phillips 66 rose sharply in early trading Tuesday after The Wall Street Journal reported that Elliott Investment Management has built a stake of more than $2.5 billion in the oil refiner.

Shares of Phillips 66 rose in premarket trading after The Wall Street Journal reported that activist investor Elliott Investment Management has built a more than $2.5 billion stake in the oil refiner.

In response to Sunoco vs. Honolulu ... undermines sound energy policy.” Phillips 66 did not provide comment on the wildfires or Supreme Court case, but shared that “employees [were] safe ...

The refining segment faced significant challenges as industry capacity grew. Phillips 66 delivered a substantial miss on earnings due to changing market conditions and strategic shifts.

Welcome to the fourth quarter 2024 Phillips 66 earnings conference call. My name is Emily, and I'll be your operator for today's call. [Operator instructions] Please note that this conference is ...