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Phillips 66 entered into a definitive agreement to buy EPIC Y-Grade GP LLC and EPIC Y-Grade LP, which own various subsidiaries and long haul natural gas liquids (NGL) pipelines, fractionation ...

With a more-than-$2.5 billion stake in Phillips 66, Elliott has pushed for a streamlining of the oil refiner and seeks more ...

Elliott, which has successfully pushed for changes at some of the world's largest companies, said Phillips 66 should streamline its operations. Elliott Investment Management disclosed a more than ...

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

Chun / Los Angeles Times via Getty Images Phillips 66 (PSX ... to process the oil and gas. Investopedia has not independently confirmed Elliott's stake in Phillips 66. Elliott and Phillips ...

Phillips 66’s midstream assets include pipeline systems, fractionation capacity and gas processing. Likewise, a Phillips 66 midstream spin-off could command a $40 billion total enterprise value ...

(Bloomberg) -- Elliott Investment Management disclosed a more than $2.5 billion stake in oil refiner Phillips 66 and plans to push the company to sell or spin off its pipeline business. The ...

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 ...

Phillips 66 did not immediately respond to a request for comment. Last month the Houston-based company reported a fourth-quarter adjusted loss of 15 cents per share on revenue of $33.99 billion.

Elliott Investment Management acquired a $2.5 billion stake in U.S. refiner Phillips 66. Elliott first made its presence known at Phillips 66 last year with a $1 billion stake and a push for ...