Activist Elliott Ratchets Up Pressure on Phillips 66 With Over $2.5 Billion Stake
Activist Elliott Investment Management on Tuesday disclosed a stake in Phillips 66 valued at more than $2.5 billion and said ...
Transport Topics4d
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 discloses over $2.5B position in Phillips 66, sends letter to board
Elliott Investment Management L.P., which manages funds that together have an investment of more than $2.5B in Phillips 66 (PSX), sent a letter ...
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 ...
Energy Up as Elliott Buys Into Phillips 66, BP -- Energy Roundup
Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.
Phillips 66 price target raised to $132 from $128 at TD Cowen
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 ...