Phillips 66 stock moved higher before the stock market open on news Elliott Management has increased its stake in the company.
Sky's Ian King says the company's expected reprioritisation of oil and gas revenues has long been demanded by investors whose returns have lagged those seen at rivals.
BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on ...
U.S. President Donald Trump raised tariffs on steel and aluminum imports on Monday to a flat 25% "without exceptions or ...
Activist hedge fund Elliott Investment Management has grown its stake in Phillips 66 ( PSX 2.83%) to $2.5 billion. This puts ...