News Highlights: Top Energy News of the Day - Wednesday at 12 AM ET
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 ...
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.
Elliott Turns Up the Heat: $2.5B Stake Pushes Phillips 66 Toward a Breakup
Activist investor Elliott demands major changes at Phillips 66, calling for asset sales, leadership overhaul, and higher refining targets.
Activist investor Elliott wants Phillips 66 to spin off business, sell JV interest
Activist investor Elliott Investment Management LP wants Houston-based Phillips 66 (NYSE: PSX) to spin off its midstream ...
Elliott builds $2.5 billion stake in Phillips 66, pushes for midstream business sale
Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner Phillips 66, and ...
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 ...
MT Newswires on MSN22h
Phillips 66 Investor Elliott Urges Sale or Separation of Midstream Business
Phillips 66 (PSX) investor Elliott Investment Management urged the oil refiner on Tuesday to spin off or sell its midstream business, which it said could command a valuation of more than $40 billion.
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 ...