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Activist investor Elliott Investment Management has built a $2.5 billion stake in Houston-based energy company Phillips 66, ...
Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in ...
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 ...
Elliott Investment Management is at it again, this time sinking its teeth into U.S. refiner Phillips 66 with a $2.5 billion ...
Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.
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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