Elliott builds more than $2.5B stake in Phillips 66, wants it to sell ...
9 hours ago · NEW YORK -- Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking for the energy company to either sell or spin off its ...
Elliott Sends Letter and Presentation to the Board of Phillips 66
11 hours ago · Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $2.5 billion in Phillips 66 (NYSE: PSX) (the "Company" or "Phillips"), today sent ...
Elliott Sends Letter and Presentation to the Board of Phillips 66
11 hours ago · WEST PALM BEACH, Fla., Feb. 11, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $2.5 billion in Phillips 66 ...
Elliott Says Phillips 66 Should Sell or Spin Off Pipeline Unit
10 hours ago · Phillips 66 has also been in the midst of a multi-year cost-cutting initiative targeting $3 billion in asset sales as a result of pressure from Elliott. In October, Phillips 66 said it had sold ...
Phillips 66 Stock Jumps as Elliott Reportedly Takes More
10 hours ago · Phillips 66 shares are jumping about 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott Investment Management has built a more than $2.5 billion stake in the ...
Elliott builds over $2.5 billion stake in Phillips 66, seeks ...
23 hours ago · The company's shares closed at $163.34 apiece on March 28, 2024, days after Elliott accepted Phillips 66's performance improvement plan. The stock closed at $123.71 on Monday.
Elliott builds more than $2.5B stake in Phillips 66, wants
9 hours ago · NEW YORK (AP) — Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking for the energy company to either sell or spin off ...
Elliott Builds $2.5 Billion-Plus Stake in Phillips 66
23 hours ago · 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 ...
Elliott Sends Letter to the Board of Phillips 66 - PR Newswire
Nov 29, 2023 · In its letter, Elliott outlined a path by which Phillips 66 can remedy its underperformance, improve its execution, restore trust with investors and unlock significant and sustainable value...
Phillips 66 Comments on Letter from Elliott Investment …
Nov 29, 2023 · Phillips 66 (NYSE: PSX) today issued the following statement regarding a letter from Elliott Investment Management L.P. (Elliott): The Phillips 66 Board and management team welcome the perspectives of our shareholders and value their input.
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