Here’s Where Phillips 66 and Elliott Don’t See Eye to Eye
Activist Elliott Investment Management had a clear roadmap for refining giant Phillips 66 when it took its first $1 billion stake in the company in late 2023. The company, though, has ...
MT Newswires on MSN1h
Phillips 66 Investor Elliott Urges Sale or Separation of Midstream Business
Phillips 66 (PSX) investor Elliott Investment Management urged the oil refiner on Tuesday to spin off or sell its midstream business, which it said could command a valuation of more than $40 billion.
Crude Oil Prices3h
Aggressive Activist Investor is Gunning for Phillips 66
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.
Coca-Cola reports Q4 beat, Elliott discloses Phillips 66 stake: Morning Buzz
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. Maximize Your Portfolio with Data Driven ...
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 ...
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 ...
devdiscourse17h
Elliott Management's Strategic Play in Phillips 66
Elliott Investment Management has acquired a significant $2.5 billion stake in U.S. oil refiner Phillips 66. The activist investor is advocating for operational changes, including selling or spinning ...