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Activist investor Elliott Investment Management LP wants Houston-based Phillips 66 (NYSE: PSX) to spin off its midstream ...

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 said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner Phillips 66, and ...

The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.

Elliott Investment Management confirms a more than $2.5B stake in Phillips 66 and will seek to streamline the company, most ...

Phillips 66 stock moved higher before the stock market open on news Elliott Management has increased its stake in the company ...

Elliott, which has successfully pushed for changes at some of the world's largest companies, said Phillips 66 should ...

TD Cowen analyst Jason Gabelman raised the firm’s price target on Phillips 66 (PSX) to $132 from $128 and keeps a Buy rating on the shares. The ...

EST Phillips 66 (PSX) jumps 5% to $129.98 after Elliott confirms $2.5B position Maximize Your Portfolio with Data Driven ...

Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.

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, Bloomberg reports.