elliott phillips 66 - Search News

Activist Elliott UPS Stake in Phillips 66

The Associated Press on MSN · 7h

Elliott builds more than $2.5B stake in Phillips 66, wants it to sell or spin off midstream unit

Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking for the energy company to either sell or spin off its midstream unit to help boost its stock price.

Hosted on MSN · 4h

Elliott builds $2.5 billion stake in Phillips 66, pushes for midstream business sale

Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner Phillips 66, and plans to push for operational changes and the sale of the company's midstream business.

The Business Journals · 1h

Activist investor Elliott wants Phillips 66 to spin off business, sell JV interest

Activist investor Elliott Investment Management LP wants Houston-based Phillips 66 (NYSE: PSX) to spin off its midstream business and sell its interest in the CPChem joint venture.

29mon MSN

Activist investor says it has raised its stake in Phillips 66 to $2.5 billion, according to reports

Elliott has said it hopes to push Phillips 66 to focus more on its core refining business, cut operating costs and raise its ...

1h

Energy Up as Elliott Buys Into Phillips 66, BP -- Energy Roundup

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

10h

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

Elliott Investment Management L.P., which manages funds that together have an investment of more than $2.5B in Phillips 66 (PSX), sent a letter ...

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