Activist Elliott Ratchets Up Pressure on Phillips 66 With Over $2.5 Billion Stake
The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.
Elliott builds over $2.5 billion stake in Phillips 66, seeks operational changes, source says
Elliott plans to push Phillips 66 to sell or spin off its midstream business, the person said. In March last year, Elliott ...
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Elliott Builds More Than $2.5 Billion Stake in Phillips 66
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.
Elliott urges Phillips 66 to take ‘necessary actions’ to improve operations
EST Elliott urges Phillips 66 (PSX) to take ‘necessary actions’ to improve operationsMaximize Your Portfolio with Data Driven ...