Activist hedge fund Elliott Investment Management has grown its stake in Phillips 66 ( PSX 2.83%) to $2.5 billion. This puts ...

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Elliott has built up a $2.5 billion position in Phillips 66 and will push for operations changes to boost the stock, The Wall ...

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Shares of Phillips 66 rose in premarket trading after The Wall Street Journal reported that activist investor Elliott Investment Management has built a more than $2.5 billion stake in the oil refiner.

Activist investor Elliot Investment Management has built up a stake of more than $2.5B in Phillips 66 (PSX) and plans to push the company to ...

BP CEO Murray Auchincloss pledged on Tuesday (Feb 11) to fundamentally reset the company’s strategy as it reported a 35 per ...