Phillips 66 rises as activist investor Elliott Management, which has built a $2.5B-plus stake in the refiner, discloses it ...
Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66 as it pushes the company to sell or ...
With a more-than-$2.5 billion stake in Phillips 66, Elliott has pushed for a streamlining of the oil refiner and seeks more ...
Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...
Investing.com -- Elliott Investment Management, controlled by billionaire Paul Singer, is seeking board positions at Phillips 66 (NYSE: PSX ), an oil refining company. The move is part of Elliott's ...
On Feb. 11, Elliott issued a letter and presentation to the Phillips 66 board outlining "Streamline66," a plan to resolve the company's continued underperformance and poor corporate governance ...
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 business.