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 ...
The Associated Press on MSN10d
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 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, ...
Rigzone10d
Elliott Says Phillips 66 Should Sell or Spin Off Pipeline Unit
Elliott, which has successfully pushed for changes at some of the world's largest companies, said Phillips 66 should ...
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 ...
Transport Topics10d
Elliott Builds More Than $2.5 Billion Stake in Phillips 66
Elliott Investment Management has built a more than $2.5 billion stake in oil refiner Phillips 66, and plans to push the company to sell or spin off its midstream business, Bloomberg reports.
Yahoo Finance9d
Elliott Investment Management invests $2.5bn in Phillips 66
Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for operational changes, including the sale of the company's midstream ...
Elliott builds $2.5B stake in Phillips 66, seeks operational changes - WSJ
Phillips 66 shareholder Elliott Investment Management has built a more than $2.5B stake in the oil refiner and plans to push ...