Elliott Management became the third-largest shareholder of British oil giant BP (NYSE:BP) by acquiring a near-5% stake valued at approximately £3.8 billion ($4.74 billion), the Financial Times ...

Activist hedge fund Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost £3.8bn, as it seeks to force the troubled UK oil major to cut ...

When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge ...

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

The company's move is "positioning us to accelerate" cash-generation, its vice chairman tells Barron's. Oil futures posted their first loss in four sessions on Wednesday after official U.S. data ...

The Grand National entries for the 2025 race, which takes place at Aintree Racecourse on 5 April, have been announced, and include last year’s winner ...

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 ...