phillips 66 elliott - Search News

Elliott builds $2.5 billion stake in Phillips 66

The Wall Street Journal on MSN · 1d

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 it is pushing the oil refiner to consider operational changes to boost its stagnant stock.

GlobalData on MSN · 18h

Elliott Investment Management invests $2.5bn in Phillips 66

Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for operational changes, including the sale of the company's midstream business. The news has seen Phillips 66 shares rise by 3.

Associated Press News on MSN · 1d

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 for the energy company to either sell or spin off its midstream unit to help boost its stock price.

1don MSN

Phillips 66 stock is climbing. An activist investor wants a change.

Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in ...

Aggressive Activist Investor is Gunning for Phillips 66

Elliott Investment Management is at it again, this time sinking its teeth into U.S. refiner Phillips 66 with a $2.5 billion ...

Elliott Says Phillips 66 Should Sell or Spin Off Pipeline Unit

Elliott, which has successfully pushed for changes at some of the world's largest companies, said Phillips 66 should ...

16h

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 ...

1d

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.

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