Elliott Investment Management L.P. ("Elliott"), which manages funds that together make it a top-five shareholder in Phillips ...

Elliott's 5,886 word letter failed to substantively resolve the core issues we raised. Instead of addressing the facts of this particular situation, Elliott points to its history of engaging with ...

Phillips 66 has issued a sharp rebuttal to Elliott Management’s latest letter, accusing the activist investor of misleading ...

The broader market backdrop only sharpens the appeal. With investors facing persistent uncertainty around inflation, growth, ...

After Elliott’s stake in BP was made public in February, the oil major promised to slash spending on green energy and sell off $20bn of assets. The Pike-led fight for Phillips 66 has incorporated an ...

Activist investor Elliott Investment Management should back down from its push to break up energy company Phillips 66 because it is conflicted from a separate effort to acquire one of the group's ...

Phillips 66 (NYSE: PSX) today responded to a May 2 letter released by Elliott Management. The Company has issued the following statement: In its letter, Elliott attempted to rebut a number of ...

This letter is intended to highlight critical ... that significant change is needed on Phillips 66's Board. Elliott Investment Management L.P., together with the other participants in Elliott's ...

HOUSTON, May 05, 2025--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) today responded to a May 2 letter released by Elliott Management. The Company has issued the following statement: In its letter ...