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

When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge ...

Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for ...

Time may be on TPG's side in its acquisition of Altus Power, as more clarity about President Trump's clean-energy policies down the road may lift the value of renewable-power assets depressed by fears ...

Shares of Phillips 66 rose 4% 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. Read more: ...

Wall Street's main indexes ended mixed on Tuesday as gains in Coca-Cola and Apple offset losses in Tesla, while investors ...

Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.

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 Investment Management on Tuesday disclosed a stake in Houston-based Phillips 66 valued at more than $2.5 billion, saying that it is pushing the oil refiner to consider operational ...

U.S. equities were mixed and little changed as Fed Chair Jerome Powell didn't make any significant headlines as he gave the ...

Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 B in U.S. refiner Phillips 66 and plans to push for operational changes and the sale of the company's midstream ...