Activist investor says it has raised its stake in Phillips 66 to $2.5 billion, according to reports
Activist investor Elliott Investment Management has built a $2.5 billion stake in Houston-based energy company Phillips 66, ...
Analysts’ Opinions Are Mixed on These Energy Stocks: Phillips 66 (PSX), Sunoco (SUN) and Occidental Petroleum (OXY)
Analysts have been eager to weigh in on the Energy sector with new ratings on Phillips 66 (PSX – Research Report), Sunoco (SUN – Research ...
World Pipelines2d
Elliott Investment Management invests US$2.5 billion in Phillips 66
An investor believes the Phillips 66 midstream business could be worth more than US$60 billion if sold or spun off.
Activist Elliott confirms $2.5B-plus stake in Phillips 66, urges pipeline unit sale or spinoff
Elliott Investment Management confirms a more than $2.5B stake in Phillips 66 and will seek to streamline the company, most ...
Elliott Sends Letter and Presentation to the Board of Phillips 66
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 a ...
Hart Energy4d
Elliott Demands Phillips 66 Sell or Spin Off Midstream Biz for $40B+
Activist investor Elliott Capital Management disclosed Feb. 11 it has built a $2.5 billion position in Phillips 66 and issued ...
Wells Fargo & Company Issues Positive Forecast for Phillips 66 (NYSE:PSX) Stock Price
Phillips 66 (NYSE:PSX – Free Report) had its price objective increased by Wells Fargo & Company from $161.00 to $162.00 in a research report report published on Monday,Benzinga reports. The brokerage ...
Elliott Turns Up the Heat: $2.5B Stake Pushes Phillips 66 Toward a Breakup
Activist investor Elliott demands major changes at Phillips 66, calling for asset sales, leadership overhaul, and higher refining targets.