The contest pits one of the energy sector’s most storied players, which started 108 years ago as the Phillips Petroleum Co., ...

Elliott Investment Management said on Thursday that Phillips 66's stock price could nearly double to $200 if the oil refiner ...

Phillips 66 has strongly rejected Elliott Investment Management's proposal to break up the company, arguing that the plan is ...

BP's board begins search for new Chair following Helge Lund's decision to step down, amid pressure from activist hedge fund ...

Elliott takes big short position in Shell amid BP campaign U.S. activist hedge fund Elliott Management, currently campaigning for more change at BP in its capacity as a BP shareholder, has taken a ...

Activist investor Elliott Investment Management filed a lawsuit against Phillips 66 PSX-1.53%decrease; red down pointing triangle and its board of directors to require four board seats be up for ...

The move came after months of relentless pressure from hedge fund Elliott Management, which has demanded big changes to the way Southwest does business since buying a $1.9 billion stake in the ...

(Reuters) - Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at the oil major that could include cost cuts and a potential ...

is facing mounting pressure from activist investor Elliott Management, which has been meeting major shareholders to advocate deeper reforms, including cost cuts and potential leadership changes.

The focus is on addressing BP's underperformance compared to peers and demanding more significant changes than the company's recent strategy shift. Elliott Management, the activist investor ...