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

Analysts have been eager to weigh in on the Energy sector with new ratings on Phillips 66 (PSX – Research Report), Sunoco (SUN – Research ...

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

Time may be on TPG's side in its acquisition of Altus Power, as more clarity about President Trump's clean-energy policies down the road may lift the value of renewable-power assets depressed by fears ...

Wall Street closed mixed as investors weighed Federal Reserve Chair Jerome Powell's remarks on interest rates. Gains in ...

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 ...

Activist Elliott Investment Management on Tuesday disclosed a stake in Houston-based Phillips 66 valued at more than $2.5 billion, saying that it is pushing the oil refiner to consider operational ...

Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 B in U.S. refiner Phillips 66 and plans to push for operational changes and the sale of the company's 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 disclosed a more than $2.5 billion stake in oil refiner Phillips 66 and plans to push the company to sell or spin off its pipeline business.