Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multi-year ...

Copyright 2025 The Associated Press. All Rights Reserved. The logo for Phillips 66 gasoline is shown on a sign topping an old ...

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 ...

Myung J. Chun / Los Angeles Times via Getty Images Phillips 66 (PSX) shares are jumping about 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott Investment ...

NEW YORK -- 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 ...

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, according to a person ...

Feb 11 (Reuters) - Activist Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66 (PSX.N), opens new tab and plans to push for operational changes to ...

Phillips 66 shares rose 3.3% in late morning trade. Last year, Elliott disclosed a $1 billion stake in Phillips 66, following which the company laid out a performance improvement plan to boost ...

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 ...

(Reuters) - Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner ...

Activist investor Elliott Capital Management is pushing Phillips 66 (PSX) to sell or spin off its midstream business—with the firm saying a sale could generate in the neighborhood of $45 billion ...

(Bloomberg) -- Elliott Investment Management disclosed a more than $2.5 billion stake in oil refiner Phillips 66 and plans to push the company to sell or spin off its pipeline business. The ...