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

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

BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...

Activist investor Elliott Investment Management has built a $2.5 billion stake in Houston-based energy company Phillips 66, ...

However, a notable concern exists: bonds remain in a downtrend while stocks push higher – an unusual divergence that ...

Besides the 2025 guidance, the biggest news from the earnings release was Honeywell's blockbuster announcement to split into ...

Honeywell, an integrated operating company serving a broad range of industries, has announced that its Board of Directors has completed the comprehensive business portfolio evaluation launched a year ...

Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that activist shareholder Elliott Management will press for board changes and ...

Oil futures posted their first loss in four sessions on Wednesday after official U.S. data revealed a third straight weekly climb in U.S. crude supplies.

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

TD Cowen analyst Jason Gabelman raised the firm’s price target on Phillips 66 (PSX) to $132 from $128 and keeps a Buy rating on the shares. The ...

Nvidia slipped amid a larger market decline after Wednesday's hot inflation report. Nvidia stock is also hitting a key ...