Phillips 66 (PSX) disclosed earlier that on February 13, Elliott Associates submitted to the company notice of its nomination ...

The energy-management and automation group posted higher net profit and revenue for 2024 on continued strength in energy management, beating market views. With a more-than-$2.5 billion stake in ...

Shares of energy companies rose alongside commodity futures. Natural gas futures surged 6.8% to a two-year high of $4.28 per million British thermal units as a major cold snap in much of the U.S.

Phillips 66 rises as activist investor Elliott Management, which has built a $2.5B-plus stake in the refiner, discloses it ...

Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multi-year ...

With a more-than-$2.5 billion stake in Phillips 66, Elliott has pushed for a streamlining of the oil refiner and seeks more ...

Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...

This move confirms the end of a corrective phase and the start of a new Elliott Wave sequence. The price now faces critical resistance between $0.45-$0.50, marked by the 0.5 Fibonacci extension ...

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

Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic ...

(Reuters) -Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take ...