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Elliott builds $2.5 billion stake in Phillips 66

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 notably with the sale or spinoff of its midstream business.

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Phillips 66 Investor Elliott Urges Sale or Separation of Midstream Business

Phillips 66 (PSX) investor Elliott Investment Management urged the oil refiner on Tuesday to spin off or sell its midstream business, which it said could command a valuation of more than $40 billion.

Business Insider · 14h

Activist Elliott Ups Stake in Phillips 66 with Over $2.5B Investment

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

Elliott discloses over $2.5B position in Phillips 66, sends letter to board

EST Elliott discloses over $2.5B position in Phillips 66 (PSX), sends letter to boardMaximize Your Portfolio with Data Driven ...

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Activist Elliott Management Wants Phillips 66 To Spinoff This Segment To Boost Stock Price

Phillips 66 stock moved higher before the stock market open on news Elliott Management has increased its stake in the company.

BP's Q4 disappoints as Elliott Mgmt. discloses stake in Phillips 66

Energy giant BP plc (BP) announced a strategy reset and a $1.75 billion stock buyback program after missing fourth quarter ...

15h

Activist Elliott's recent holdings and campaigns

Activist investor Elliott Investment Management has built a stake in London-listed oil major BP , a person familiar with the issue said, boosting shares to their highest since August in early trade on ...

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