Activist Elliott confirms $2.5B-plus stake in Phillips 66, urges pipeline unit sale or spinoff
Phillips 66 (NYSE:PSX) +5.4% in Tuesday's trading after Elliott Investment Management confirmed a more than $2.5B stake in the oil refiner, and will seek to streamline the company, most notably with ...
Elliott Demands Phillips 66 Sell or Spin Off Midstream Biz for $40B+
Activist investor Elliott Capital Management disclosed Feb. 11 it has built a $2.5 billion position in Phillips 66 and issued ...
Activist Elliott's recent holdings and campaigns
Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66 , a person familiar with the matter said on Monday, days after the activist investor took a stake in ...
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 ...