International Companies

Elliott said to have increased stake in Phillips 66

By Michele Maatouk

Date: Tuesday 11 Feb 2025

(Sharecast News) - Activist Elliott Investment Management has reportedly built a more than $2.5bn stake in Phillips 66 and plans to push the oil refiner to consider operational changes to boost its stagnant stock.
The Wall Street Journal cited people familiar with the matter as saying that Elliott plans to seek...

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