Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...

When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge ...

Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic ...

(Reuters) -Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take ...

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 ...

Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for ...

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 ...

Shares of Phillips 66 rose 4% after The Wall Street Journal reported that activist investor Elliott Investment Management has built a more than $2.5 billion stake in the oil refiner. Read more: ...

Wall Street's main indexes ended mixed on Tuesday as gains in Coca-Cola and Apple offset losses in Tesla, while investors ...

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

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 ...