Elliott Investment Management has acquired a significant stake in oil refiner Phillips 66 and is pushing for operational changes. The activist investor aims to simplify the company's operations and ...

BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...

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 ...

Phillips 66 stock moved higher before the stock market open on news Elliott Management has increased its stake in the company ...

Activist hedge fund Elliott Investment Management has grown its stake in Phillips 66 ( PSX 2.83%) to $2.5 billion. This puts ...

Sky's Ian King says the company's expected reprioritisation of oil and gas revenues has long been demanded by investors whose returns have lagged those seen at rivals.

Goldman Sachs would consider acquisitions in asset and wealth management, but the bar for doing a deal is very high, CEO ...

Elliott has built up a $2.5 billion position in Phillips 66 and will push for operations changes to boost the stock, The Wall ...

Resource Resolutions, backed by former Shell chair Chad Holliday and former Anglo American chief executive Mark Cutifani, aims to help facilitate dialogue between warring parties to help resolve ...

BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a ...

CNBC's Andrew Ross Sorkin reports on the latest news.

BP CEO Murray Auchincloss pledged on Tuesday (Feb 11) to fundamentally reset the company’s strategy as it reported a 35 per ...