Here’s Where Phillips 66 and Elliott Don’t See Eye to Eye
Activist Elliott Investment Management had a clear roadmap for refining giant Phillips 66 when it took its first $1 billion stake in the company in late 2023. The company, though, has ...
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 ...
The Business Journals4d
Activist investor Elliott wants Phillips 66 to spin off business, sell JV interest
The activist investor demands that Phillips 66 separate or sell its midstream business, which it values at up to $40 billion, and sell its CPChem interest. Activist investor Elliott Investment ...
Energy Up as Elliott Buys Into Phillips 66, BP -- Energy Roundup
Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.
Morningstar4d
Phillips 66 stock is climbing. An activist investor wants a change.
Elliott reportedly pushing refiner for spin-off of midstream business. Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in ...
Bank of America Securities Sticks to Its Buy Rating for Phillips 66 (PSX)
In a report released today, Jean Ann Salisbury from Bank of America Securities maintained a Buy rating on Phillips 66 (PSX – Research Report).
Phillips 66 stock underperforms Wednesday when compared to competitors
Shares of Phillips 66 PSX shed 3.48% to $125.04 Wednesday, on what proved to be an all-around rough trading session for the ...