Activist investor Elliott wants Phillips 66 to spin off business, sell JV interest
Activist investor Elliott Investment Management LP wants Houston-based Phillips 66 (NYSE: PSX) to spin off its midstream ...
Elliott builds more than $2.5B stake in Phillips 66, wants it to sell or spin off midstream unit
Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...
Elliott builds $2.5 billion stake in Phillips 66, pushes for midstream business sale
Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner Phillips 66, and ...
BP Promises Big Changes After Attracting An Uninvited Guest
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
BP Touts ‘New Beginning,’ Fundamental Change in Strategy
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
BP: Strategy Shift, Stock Buybacks, Cheap P/E
BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. Read why I remain very bullish on ...
Activist investor says it has raised its stake in Phillips 66 to $2.5 billion, according to reports
Activist investor Elliott Investment Management has built a $2.5 billion stake in Houston-based energy company Phillips 66, ...
Baton Rouge Business Report20h
This company just announced a $2.5B investment into Phillips 66
Activist Elliott Investment Management on Tuesday disclosed a stake in Houston-based Phillips 66 valued at more than $2.5 billion, saying that it is pushing the oil refiner to consider operational ...
BP vows ‘fundamental reset’ as it retreats from net zero
BP chief Murray Auchincloss says the restructuring will ‘be a new direction for BP’ - Amr Alfiky/Reuters. BP has halted all ...
News Highlights: Top Energy News of the Day - Wednesday at 4 AM ET
Chevron Versus California The energy giant sank the state's first successful oil well, kicking off a boom that powered California's economy for more than a century. Goodwill has since gone dry. Garcia ...
Here’s Where Phillips 66 and Elliott Don’t See Eye to Eye
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 ...