Time may be on TPG's side in its acquisition of Altus Power, as more clarity about President Trump's clean-energy policies down the road may lift the value of renewable-power assets depressed by fears ...

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 ...

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 ...

Phillips 66 (PSX) investor Elliott Investment Management urged the oil refiner on Tuesday to spin off or sell its midstream business, which it said could command a valuation of more than $40 billion.

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

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 B in U.S. refiner Phillips 66 and plans to push for operational changes and the sale of the company's midstream ...

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

Shares of BP (BP) and Phillips 66 (PSX) are moving in opposite directions today, amid earnings and investment news ...

The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.

Murray Auchincloss, BP's CEO, plans a strategic overhaul following a significant 35% drop in annual profits, partly driven by Elliott Investment Management's stake and rising pressures. BP's profit ...