Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $2.5 billion in Phillips 66 (NYSE: PSX) (the "Company" or "Phillips"), today sent a ...

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 ...

BP is under mounting pressure to break itself up and ditch its net zero projects after activist hedge fund Elliott built a ...

Feb. 11, 2025 /PRNewswire/ -- Elliott Investment ... The letter highlighted that over the past decade, Phillips' total shareholder returns have lagged peers Valero Energy Corp. by 138% and ...

Phillips 66 shares are jumping 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott ...

BP shares have dropped almost 8%, compared with a gain of about a third for its closest rivals Shell and TotalEnergies.

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

Phillips 66 stock moved higher before the stock market open on news Elliott Management has increased its stake in the company.

Q3 as continued market share gains drove GMV growth to 26 per cent year-over-year (highest in 3 years), with a modest 3bps ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Liquefied natural gas (LNG) is natural gas that has been reduced to a liquid state through a process of cooling, making it ...