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 ...
Phillips 66 (PSX) Gets a Hold from Barclays
In a report released today, Theresa Chen from Barclays maintained a Hold rating on Phillips 66 (PSX – Research Report), with a price target of ...
Activist investor says it has raised its stake in Phillips 66 to $2.5 billion, according to reports
Activist investor Elliott Investment Management has built a $2.5 billion stake in Houston-based energy company Phillips 66, according to reports published Tuesday. Elliott has said it hopes to push ...
Baton Rouge Business Report1d
This company just announced a $2.5B investment into Phillips 66
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 ...
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 ...
Crude Oil Prices1d
Saudi Arabia’s Texas Refinery Just Made a Power Move
While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move. The Saudi Aramco-owned refinery in Port Arthur, Texas, has quietly expanded its capacity, now ...
Phillips 66 Stock Jumps as Elliott Reportedly Takes More than $2.5B Stake
Phillips 66 shares are jumping 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott ...
Global air travel surges while switch to clean jet fuel lags
To reach 2030 climate targets, airlines will need to increase their consumption of sustainable aviation fuel more than ...
Activist Elliott Ups Stake in Phillips 66 with Over $2.5B Investment
Activist investor Elliott Investment Management lifted its stake in energy company Phillips 66 (PSX) with over $2.5 billion ...
Indian Oil buying sanction-free Russian crude oil cargoes, chairman says
Indian Oil is buying Russian crude oil cargoes without the involvement of sanctioned entities and expects gasoline demand to ...
Activist Elliott Builds Over $2.5 Billion Stake in Phillips 66, WSJ Reports
(Reuters) -Activist Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66 and plans to push for operational changes to boost its stock price, the Wall ...