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Activist Elliott UPS Stake in Phillips 66
Activist Elliott Ratchets Up Pressure on Phillips 66 With Over $2.5 Billion Stake
Activist Elliott Investment Management on Tuesday disclosed a stake in Phillips 66 valued at more than $2.5 billion and said it is pushing the oil refiner to consider operational changes to boost its stagnant stock.
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 for the energy company to either sell or spin off its midstream unit to help boost its stock price.
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 notably with the sale or spinoff of its midstream business.
1h
Phillips 66 (PSX) Gets a Hold from Barclays
In a report released today, Theresa Chen from Barclays maintained a Hold rating on Phillips 66 (PSX – Research Report), with a price target of ...
20h
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 ...
14h
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 ...
11d
Phillips 66 Q4 profit plunges, shares fall on weak refining margins
Refiner Phillips 66 reported a smaller-than-expected loss on Friday as strength in its renewables segment offset a sharp ...
12h
Energy Up as Elliott Buys Into Phillips 66, BP -- Energy Roundup
Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.
20h
Elliott discloses over $2.5B position in Phillips 66, sends letter to board
EST Elliott discloses over $2.5B position in Phillips 66 (PSX), sends letter to boardMaximize Your Portfolio with Data Driven ...
1d
These Stocks Are Moving the Most Today: Cleveland-Cliffs, Super Micro, Phillips 66, Fluence Energy, Lattice Semiconductor, Meta, and More
Cleveland-Cliffs and other steel makers rise after President Trump imposes 25% tariffs on imports of steel and aluminum to ...
18h
on MSN
Top Stock Movers Now: DuPont, Phillips 66, Marriott, and More
Key Takeaways U.S. equities were mixed and little changed as Fed Chair Jerome Powell didn't make any significant headlines as ...
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