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Activist Elliott UPS Stake in Phillips 66
Activist Elliott Ratchets Up Pressure on Phillips 66 With Over $2.5 Billion Stake
The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.
Activist Elliott confirms $2.5B-plus stake in Phillips 66, urges pipeline unit sale or spinoff
Phillips 66 (NYSE:PSX) +5.4% in Tuesday's trading after Elliott Investment Management confirmed a more than $2.5B stake in the oil refiner, and will seek to streamline the company, most notably with the sale or spinoff of its midstream business.
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
4h
Phillips 66 price target raised to $132 from $128 at TD Cowen
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 ...
11d
Phillips 66 (PSX) Q4 2024 Earnings Call Transcript
Welcome to the fourth quarter 2024 Phillips 66 earnings conference call. My name is Emily, and I'll be your operator for ...
12d
on MSN
Phillips 66 Q4 2024 Earnings Preview: Loss expected amid refining weakness
Phillips 66 ( NYSE: PSX) is scheduled to announce Q4 earnings results on Friday, January 31st, during market hours. Wall ...
12d
Phillips 66 Q4 profit plunges, shares fall on weak refining margins
Refiner Phillips 66 reported a smaller-than-expected loss on Friday as strength in its renewables segment offset a sharp ...
5h
Analysts’ Opinions Are Mixed on These Energy Stocks: Phillips 66 (PSX), Sunoco (SUN) and Occidental Petroleum (OXY)
Analysts have been eager to weigh in on the Energy sector with new ratings on Phillips 66 (PSX – Research Report), Sunoco (SUN – Research ...
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