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

PBF Energy's crack spreads need to double from Q4 levels for PBF to achieve neutral free cash flow, which seems unlikely in ...

(Reuters) -Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take ...

“Elliott’s team is truly scary smart. Sometimes the emphasis is on ‘smart’ and other times it is on ‘scary’,” said Kai ...

An investor believes the Phillips 66 midstream business could be worth more than US$60 billion if sold or spun off.

AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and ...

Analysts have been eager to weigh in on the Energy sector with new ratings on Phillips 66 (PSX – Research Report), Sunoco (SUN – Research ...

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 ...

Elliott Investment Management confirms a more than $2.5B stake in Phillips 66 and will seek to streamline the company, most ...

The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.

Elliott Investment Management L.P., which manages funds that together have an investment of more than $2.5B in Phillips 66 (PSX), sent a letter ...