Phillips 66 shares are jumping 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott ...
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 ...
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.
Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.
EST Elliott urges Phillips 66 (PSX) to take ‘necessary actions’ to improve operationsMaximize Your Portfolio with Data Driven ...