Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...

Activist investor Elliott Investment Management has built a $2.5 billion stake in Houston-based energy company Phillips 66, ...

Phillips 66 shares are jumping 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott ...

Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for ...

PSX aims to significantly lower refining costs over the next two years, driven by the Los Angeles Refinery shutdown and ...

Activist investor Elliott Investment Management lifted its stake in energy company Phillips 66 (PSX) with over $2.5 billion ...

After more than a century of churning out fuel on the banks of the Houston Ship Channel, the city’s oldest refinery is preparing to shut down, potentially putting hundreds of people out of work. Its ...

In a letter to Phillips 66's board, Elliott said that it believes ... and be able to concentrate more fully on its core refinery business. Chevron Phillips Chemical is a joint venture between ...

Phillips 66 announced October 16, 2024, it would cease production at the Los Angeles refinery by the end of 2025, with chief executive Mark Lashier citing uncertainty from “market dynamics”.

While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move. The Saudi Aramco-owned ...

Activist Elliott Investment Management has built an over $2.5 billion stake in Phillips 66 and plans to push the oil refiner ...

(Reuters) - PBF Energy posted a third consecutive quarterly loss on Thursday, as the U.S. refiner took a hit from a decline ...