elliott phillips 66 - Search News

Elliott builds $2.5 billion stake in Phillips 66

The Wall Street Journal on MSN · 1d

Activist Elliott Ratchets Up Pressure on Phillips 66 With Over $2.5 Billion Stake

Activist Elliott Investment Management on Tuesday disclosed a stake in Phillips 66 valued at more than $2.5 billion and said it is pushing the oil refiner to consider operational changes to boost its stagnant stock.

The Associated Press on MSN · 1d

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.

World Pipelines · 3h

Elliott Investment Management invests US$2.5 billion in Phillips 66

An investor believes the Phillips 66 midstream business could be worth more than US$60 billion if sold or spun off.

1d

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 ...

2don MSN

Phillips 66 stock is climbing. An activist investor wants a change.

Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in ...

Elliott Says Phillips 66 Should Sell or Spin Off Pipeline Unit

Elliott, which has successfully pushed for changes at some of the world's largest companies, said Phillips 66 should ...

23h

Phillips 66 price target raised to $132 from $128 at TD Cowen

TD Cowen analyst Jason Gabelman raised the firm’s price target on Phillips 66 (PSX) to $132 from $128 and keeps a Buy rating on the shares. The ...

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