Myung J. Chun / Los Angeles Times via Getty Images Phillips 66 (PSX) shares are jumping about 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott Investment ...

Elliott, which has successfully pushed for changes at some of the world's largest companies, said Phillips 66 should streamline its operations. Elliott Investment Management disclosed a more than ...

Phillips 66 did not immediately respond to a request for comment. Last month the Houston-based company reported a fourth-quarter adjusted loss of 15 cents per share on revenue of $33.99 billion.

Feb 11 (Reuters) - Activist Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66 (PSX.N), opens new tab and plans to push for operational changes to ...

Phillips 66 shares rose 3.3% in late morning trade. Last year, Elliott disclosed a $1 billion stake in Phillips 66, following which the company laid out a performance improvement plan to boost ...

Activist investor Elliott Capital Management is pushing Phillips 66 (PSX) to sell or spin off its midstream business—with the firm saying a sale could generate in the neighborhood of $45 billion ...

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, according to a person ...

Copyright 2025 The Associated Press. All Rights Reserved. The logo for Phillips 66 gasoline is shown on a sign topping an old gasoline pump on display outside a store ...

(Bloomberg) -- Elliott Investment Management disclosed a more than $2.5 billion stake in oil refiner Phillips 66 and plans to push the company to sell or spin off its pipeline business. The ...

With 2024 year-end earnings season underway, here is a compilation of dividends declared from select upstream, midstream and service and supply companies. Elliott Demands Phillips 66 Sell or Spin Off ...