Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...

Elliott Management has disclosed a nearly 5% stake in BP worth almost £3.8B (~$4.75B), making it the company's third largest shareholder.

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.

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 ...

Elliott Investment Management confirms a more than $2.5B stake in Phillips 66 and will seek to streamline the company, most ...

Elliott, which has successfully pushed for changes at some of the world's largest companies, said Phillips 66 should ...

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

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 ...

Phillips 66 stock moved higher before the stock market open on news Elliott Management has increased its stake in the company.

Analysts suggest hedge fund will want board room shake-up, E&P focus, asset sales, spin-offs and could 'smoke out' corporate ...

One of the most powerful hedge funds on Wall Street has reportedly criticized the Trump administration for helping drive a frenzy around cryptocurrencies that could ultimately harm investors.