(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.

U.S. refiners including Valero Energy, Phillips 66 and BP recently said tariffs on Canadian oil imports could lead them to reduce output or deal with logistical issues as they try to find replacement ...

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

Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.

Activist investor Elliott demands major changes at Phillips 66, calling for asset sales, leadership overhaul, and higher refining targets.

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 ...

Shares of BP (BP) and Phillips 66 (PSX) are moving in opposite directions today, amid earnings and investment news ...

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