Activist Elliott has unfinished business at Phillips 66. How its plan to build value may unfold
Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...
Phillips 66 Stock Jumps as Elliott Reportedly Takes More than $2.5B Stake
Phillips 66 shares are jumping 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott ...
Activist investor Elliott wants Phillips 66 to spin off business, sell JV interest
The activist investor demands that Phillips 66 separate or sell its midstream business, which it values at up to $40 billion, ...
Activist Elliott Ups Stake in Phillips 66 with Over $2.5B Investment
Activist investor Elliott Investment Management lifted its stake in energy company Phillips 66 (PSX) with over $2.5 billion ...
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Elliott builds more than $2.5B stake in Phillips 66, wants it to sell or spin off midstream unit
NEW YORK -- Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking for the energy company to either sell or spin off its ...
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 ...
Activist Elliott confirms $2.5B-plus stake in Phillips 66, urges pipeline unit sale or spinoff
Elliott Investment Management confirms a more than $2.5B stake in Phillips 66 and will seek to streamline the company, most ...