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 ...

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. Read why I remain very bullish on ...

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

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

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

Jon Smith explains why analysts have been busy updating their forecasts for the BP share price this week and adds some colour ...

Tesla stock is showing incomplete sequences in the cycle from the 488.78 peak. The break below the January 2nd low suggests ...

MURRAY AUCHINCLOSS, who took over as BP’s chief executive in 2024, promised a “fundamental reset” for the company on February ...

BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...

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