Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...

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 ...

Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.

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.

Analysts have been eager to weigh in on the Energy sector with new ratings on Phillips 66 (PSX – Research Report), Sunoco (SUN – Research ...

Elliott Investment Management has acquired a significant stake in oil refiner Phillips 66 and is pushing for operational changes. The activist investor aims to simplify the company's operations and ...

Sunrise Movement LA is demanding big oil companies, including Phillips 66, “pay up” to support wildfire relief and aid the state’s transition to clean energy. “Fossil fuel CEOs are ...

Phillips 66 delivered a substantial miss on earnings ... The company engages in refining crude oil into petroleum and petrochemical products. Its midstream segment focuses on the transportation ...

Phillips 66 (NYSE: PSX) reported a loss for the fourth quarter, as expected, but this loss was smaller than analysts had forecast as the refiner’s renewable fuels division booked a profit in the ...

(ExxonMobil Warns of Weak Q4 Profits Amid Global Oil Challenges) 2. Phillips 66, a leading U.S.-based refining player, has announced a major acquisition involving the Ares-backed midstream ...

Shareholders might have noticed that Phillips 66 (NYSE:PSX) filed its yearly result this time last week. The early response was not positive, with shares down 4.2% to US$118 in the past week.