Elliott has said it hopes to push Phillips 66 to focus more on its core refining business, cut operating costs and raise its ...
Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.
Energy giant BP plc (BP) announced a strategy reset and a $1.75 billion stock buyback program after missing fourth quarter ...
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 ...
EST Elliott discloses over $2.5B position in Phillips 66 (PSX), sends letter to boardMaximize Your Portfolio with Data Driven ...
Cleveland-Cliffs and other steel makers rise after President Trump imposes 25% tariffs on imports of steel and aluminum to ...
Key Takeaways U.S. equities were mixed and little changed as Fed Chair Jerome Powell didn't make any significant headlines as ...