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

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

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 ...

She joined Southwest in 1991 and was named EVP and CFO in September 2012. After a number of unprofitable quarters, Southwest ...

(Reuters) - Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner ...

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

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

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.

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 ...

Tie-ups between traditional managers and private equity firms enable both to quickly tap retail investors. But the big ...

BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has ...

Analysts suggest hedge fund will want board room shake-up, E&P focus, asset sales, spin-offs and could 'smoke out' corporate ...