Phillips 66 stock underperforms Wednesday when compared to competitors
Shares of Phillips 66 PSX shed 3.48% to $125.04 Wednesday, on what proved to be an all-around rough trading session for the ...
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 ...
Activist Elliott Ratchets Up Pressure on Phillips 66 With Over $2.5 Billion Stake
The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.
Elliott Builds $2.5 Billion Stake in Phillips 66, Pushes for Midstream Business Sale
(Reuters) - Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner ...
Phillips 66 Stock Is Rising. Activist Investor Elliott Wants More From Refiner.
Elliott has built up a $2.5 billion position in Phillips 66 and will push for operations changes to boost the stock, The Wall ...
BP's Q4 disappoints as Elliott Mgmt. discloses stake in Phillips 66
Energy giant BP plc (BP) announced a strategy reset and a $1.75 billion stock buyback program after missing fourth quarter ...
Crude Oil Prices6d
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 ...
Phillips 66 price target raised to $132 from $128 at TD Cowen
TD Cowen analyst Jason Gabelman raised the firm’s price target on Phillips 66 (PSX) to $132 from $128 and keeps a Buy rating on the shares. The ...
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 Investor Elliott Builds $2.5 Billion Stake In Phillips 66, Pressures For Midstream Spinoff: Report
Activist investor Elliott Investment Management has amassed a $2.5 billion stake in Phillips 66, significantly expanding its ...
Elliott urges Phillips 66 to take ‘necessary actions’ to improve operations
EST Elliott urges Phillips 66 (PSX) to take ‘necessary actions’ to improve operationsMaximize Your Portfolio with Data Driven ...
The Business Journals4d
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, and sell its CPChem interest. Activist investor Elliott Investment ...