elliott investment phillips 66

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.

The Associated Press on MSN · 1d

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 oil company to either sell or spin off its midstream unit to help

GlobalData on MSN · 18h

Elliott Investment Management invests $2.5bn in Phillips 66

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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 ...

Crude Oil Prices1d

Aggressive Activist Investor is Gunning for Phillips 66

Elliott Investment Management is at it again, this time sinking its teeth into U.S. refiner Phillips 66 with a $2.5 billion ...

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 ...

Transport Topics1d

Elliott Builds More Than $2.5 Billion Stake in Phillips 66

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.

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