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 ...

A tariff on oil imports could lead to lower production of fuel at those facilities and drive up costs for consumers, analysts ...

“Midstream fourth-quarter 2024 adjusted pre-tax income increased compared with the third quarter mainly due to higher NGL [natural gas liquids] margins and volumes”, Phillips 66 said.

Elliott Investment Management acquired a $2.5 billion stake in U.S. refiner Phillips 66. Elliott first made its presence known at Phillips 66 last year with a $1 billion stake and a push for ...

In contrast, the midstream segment posted improved quarter-over-quarter performance due to higher margins and volumes in the natural gas liquids business. Phillips 66 announced record volumes in ...

Elliott, which has successfully pushed for changes at some of the world's largest companies, said Phillips 66 should streamline its operations. Elliott Investment Management disclosed a more than ...

Analysts have been eager to weigh in on the Energy sector with new ratings on Phillips 66 (PSX – Research Report), Sunoco (SUN – Research ...

FILE - The logo for Phillips 66 gasoline is shown on a sign topping an old gasoline pump on display outside a store, May 25, 2021, in the gambling hot spot of Deadwood, S.D. (AP Photo/David ...