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 ...
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 ...
Elliott Investment Management has built a more than $2.5 billion stake in oil refiner Phillips 66, and plans to push the ...
Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.
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 ...