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 ...

Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position and stepped up its efforts.

Phillips 66 (PSX) gains momentum with asset sales, efficiency focus, and strong dividends. Discover why shares could hit $165 ...

Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking for the oil company to either sell or spin off its midstream unit to ...

Phillips 66 allegedly questioned Goff's integrity and motives, despite no financial ties to Elliott. The firm framed this as further evidence of the board's hostility toward independent voices.

Elliott, which earlier this year disclosed a stake of more than $2.5 billion in Phillips 66, has been pushing for operational changes and a board overhaul at the energy company. In fact, Pease was ...

Elliott Investment Management L.P. (along with its affiliates, "Elliott") manages funds that together are a top-five shareholder in Phillips 66 (the "Company"). We are asking for your help to make ...

Activist Elliot builds more than $2.5B stake in Phillips 66, WSJ says Activist Elliott Ups Stake in Phillips 66 with Over $2.5B Investment Phillips 66 price target lowered to $128 from $130 at TD ...

Elliott released the following statement: "We thank our fellow shareholders, the proxy advisory firms and Phillips 66's employees for their support throughout this campaign.

By Elliott Investment Management L.P. Third-Party Findings Are Based on Feedback From Phillips 66 Investors Representing More Than 60% of the Company's Institutional Shares Outstanding ...

Refiner Phillips 66 beat Wall Street estimates for second-quarter profit on Friday, helped by higher refining margins and lower turnaround expenses.