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Elliott builds $2.5 billion 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 Ups Stake in Phillips 66 with Over $2.5B Investment
Activist investor Elliott Investment Management lifted its stake in energy company Phillips 66 (PSX) with over $2.5 billion in fresh
2h
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 ...
2h
Activist Elliott Management Wants Phillips 66 To Spinoff This Segment To Boost Stock Price
Phillips 66 stock moved higher before the stock market open on news Elliott Management has increased its stake in the company ...
6h
Phillips 66 Shares Rise Premarket on Report of Push From Elliott
Shares of Phillips 66 rose sharply in early trading Tuesday after The Wall Street Journal reported that Elliott Investment Management has built a stake of more than $2.5 billion in the oil refiner.
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 ...
3h
Elliott discloses over $2.5B position in Phillips 66, sends letter to board
Elliott Investment Management L.P., which manages funds that together have an investment of more than $2.5B in Phillips 66 (PSX), sent a letter ...
4h
on MSN
These Stocks Are Moving the Most Today: Cleveland-Cliffs, Super Micro, Phillips 66, Fluence Energy, DuPont, Lattice, Meta, and More
Cleveland-Cliffs and other steel makers rise after President Trump imposes 25% tariffs on imports of steel and aluminum to ...
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