NEW YORK (AP) — Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66 ...

NEW YORK (AP) — Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ... fully on its core refinery business.

During its Q4 FY24 results, which missed expectations, Phillips 66 blamed weak refining margins and larger-than-expected depreciation at its Los Angeles refinery as reasons for the deterioration.

Elliott Builds More Than $2.5B Stake in Phillips ... on its core refinery business. Chevron Phillips Chemical is a joint venture between Chevron U.S.A. Inc. and Phillips 66 that was created ...

Activist investor Elliott Investment Management has built a $2.5 billion stake in Houston-based energy company Phillips 66, ...

Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ... more fully on its core refinery business. Chevron Phillips ...

Feb 11 (Reuters) - Activist Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66 (PSX.N), opens new tab and plans to push for operational changes to ...

Phillips 66 shares rose 3.3% in late morning trade. Last year, Elliott disclosed a $1 billion stake in Phillips 66, following which the company laid out a performance improvement plan to boost ...