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Elliott builds $2.5 billion stake in Phillips 66

Activist Elliott Ratchets Up Pressure on Phillips 66 With Over $2.5 Billion Stake

Activist Elliott Investment Management on Tuesday disclosed a stake in Phillips 66 valued at more than $2.5 billion and said it is pushing the oil refiner to consider operational changes to boost its stagnant stock.

The Associated Press on MSN · 3d

Elliott builds more than $2.5B stake in Phillips 66, wants it to sell or spin off midstream unit

Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking for the energy company to either sell or spin off its midstream unit to help boost its stock price.

Business Insider · 3d

Activist Elliott Ups Stake in Phillips 66 with Over $2.5B Investment

Activist investor Elliott Investment Management lifted its stake in energy company Phillips 66 (PSX) with over $2.5 billion in fresh

GlobalData on MSN2d

Elliott Investment Management invests $2.5bn in Phillips 66

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Here’s Where Phillips 66 and Elliott Don’t See Eye to Eye

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 urges Phillips 66 to take ‘necessary actions’ to improve operations

EST Elliott urges Phillips 66 (PSX) to take ‘necessary actions’ to improve operationsMaximize Your Portfolio with Data Driven ...

Activist Elliott Management Wants Phillips 66 To Spinoff This Segment To Boost Stock Price

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

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