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

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

Energy giant BP plc (BP) announced a strategy reset and a $1.75 billion stock buyback program after missing fourth quarter ...

Elliott Investment Management has acquired a significant $2.5 billion stake in U.S. oil refiner Phillips 66. The activist investor is advocating for operational changes, including selling or spinning ...

BP shares surged early Monday after reports surfaced that activist investor Elliott Management has taken a stake in the oil major. BP has underperformed its British and U.S. energy peers. The company ...

Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...

The chief executive of BP has vowed to 'fundamentally reset' the group's strategy after its annual profits fell by more than ...

The announcement comes days after activist investor Elliott Management said it invested over $1.5 billion in Aspen, opposing ...

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.

Shares in BP (UK:BP, BP) rose, following news the activist hedge-fund firm Elliott Management had built a stake in the U.K.

Elliott Investment Management confirms a more than $2.5B stake in Phillips 66 and will seek to streamline the company, most ...

(Reuters) - Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner ...